Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
All Risks Opens Southern California Office
Sep 30 2004 // Baltimore-based surplus lines broker and managing general agent All Risks announced the opening of a La Mirada, California office. All Risks provides insurance solutions to retail insurance brokers countrywide, with...
Patel Appointed President of San Mateo, Calif.-based LISI
Sep 28 2004 // San Mateo, Calif.-based LISI, a leading provider of employee benefits broker services, announced the appointment of Becky (Renuka) Patel as President of LISI. LISI operates six fully staffed offices in California: San...
CompWest Launches Workers’ Comp Ops in California
Sep 27 2004 // CompWest Insurance Company announced that it has been licensed as a workers’ compensation insurer by the California Department of Insurance, responding to the significant capacity shortage in the California market....
Insurers Using Satellite Photos to Determine Fire Risk
Sep 27 2004 // Sheree DiCicco was shocked to learn that her insurance company used satellite images to determine her home was located too close to brush and would not be reinsured because of the potential for wildfire damage. “I...
California Governor Vetoes Bill Sponsored by Personal Injury Lawyers
Sep 23 2004 // Continuing to act on his pledge to improve California’s business climate and prevent expensive litigation and abuse by special interest groups, Gov. Arnold Schwarzenegger (R) has vetoed legislation sponsored by...
Husband and Wife Arrested for Alleged Insurance and Workers’ Comp Fraud
Sep 22 2004 // Modesto residents Dr. Kyon Maung Teo, D.D.S. and his wife, Kin Thor Pang were arrested as part of a sweep conducted from Sacramento to San Diego to apprehend 21 people suspected of defrauding the state’s Medi-Cal...
Insurance Updates: A Critical and Personal Responsibility, Statewide Poll Finds
Sep 21 2004 // Californians overwhelmingly consider it their personal responsibility to keep their homeowners insurance current, but do not always place a high priority on updating their policies to meet their changing needs, a new poll...
New Article Reportedly Confirms Earlier Findings Regarding Government Price Controls for Insurance
Sep 21 2004 // A recent report produced by Milliman Inc. has reportedly confirmed findings from its earlier study regarding California’s Proposition 103, which instituted a system of rigid price regulation for insurance...
Diversity in the Industry
Sep 20 2004 // I had an interesting conversation this past weekend with an agent I met at the American Agents Alliance conference in Indian Wells, California. The agent asked me, “Why don’t you write about Armenian...
Thermography: Claims Adjudication’s Science of the Future
Sep 20 2004 // Millions of dollars worth of building defect litigation is going on today, and water intrusion, which often causes mold to grow, is one of the major issues. Infrared (IR) thermography, the non-destructive diagnostic...
Two Suspects Still at Large in California Contractor Bond Fraud Case
Sep 20 2004 // Authorities are seeking two men suspected of participating in a scam that used phony insurance certificates and fake contractor bonds to win bids on public works projects. Three other suspects have already been arrested...
California Custom Home Builders
Sep 20 2004 // Nuts & Bolts: Hull & Company announced its new GL product (occurrence form) for California custom homebuilders. Target businesses include high-end custom homebuilders and builders with less than 10 individual...
Federal Conviction Upheld of Calif. Man with History of Sunken Yachts
Sep 20 2004 // A California lawyer who attempted to sink his $1.9 million yacht will continue to serve jail time after a federal appeals court upheld his conviction, according to the Associated Press. Rex DeGeorge was convicted in March...
CALIF. LEGISLATURE, GOV. TAKE POSITIVE STEPS ON ISSUES:
Sep 20 2004 // The Association of California Insurance Companies (ACIC) commended the Legislature and governor for taking positive, responsible steps this year on major insurance-related bills. “During the recently concluded...
WCIRB Summary of March 31, 2004 Insurer Experience
Sep 20 2004 // The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) completed its initial review of March 31, 2004 experience submitted by insurers. This summary is based on data reported to the WCIRB by insurers...
IICF’s Annual Bridge Week Kicks Off Oct. 9
Sep 20 2004 // “With charity for all, … let us strive on to do all which may achieve and cherish a just and lasting peace among ourselves,” Abraham Lincoln. Does this quote from our 16th president suggest that all...
People and Places
Sep 20 2004 // Troy Moody Denver-based Moody Insurance Agency, which specializes in insurance, risk management and bonding services for contractors, announced Troy Moody has been named the company’s first COO. In his new role as...
City of Hope, California Ins. Council to Honor Scottsdale Insurance President
Sep 20 2004 // The California Insurance Council (CIC) for City of Hope will honor business and civic leader Max Williamson, president and chief operating officer of Scottsdale Insurance, with The Spirit of Life Award for his exceptional...
38 People Arrested in California Insurance Scam
Sep 16 2004 // On Sept. 15, authorities completed arresting 38 people for alleged auto insurance fraud at more than 30 auto body shops in Riverside and San Bernardino Counties. The suspects were arrested over the past five days and...
Cushner Joins Calif.-based ABD Insurance
Sep 7 2004 // ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, announced the addition of Charles “Chuck” Cushner as senior vice president in their Redwood City,...
