Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. “Insider” Conspirators Arrested
Apr 19 2004 // Insurance Commissioner John Garamendi announced the arrests of nine suspects by the California Urban Auto Fraud Task Force for embezzlement, conspiracy and tax evasion in connection with an “insider” insurance...
People and Places
Apr 19 2004 // Michael Mattoch Michael Mattoch and Peter Conlin were hired by the lobbying firm of Sacramento, Calif.-based Norwood & Associates. Mattoch will become a partner in the firm, which will change its name to Norwood...
Calif. AGO’s Report Shows Jump in Auto Theft
Apr 16 2004 // While violent crimes showed a decrease, California Attorney General Bill Lockyer announced that preliminary statistics show property crimes rose 2.8 percent in the state’s most populous cities and counties in...
Calif. Commissioner Calls for Workers’ Comp Reform Savings to be Passed Through to Employers
Apr 16 2004 // California Insurance Commissioner John Garamendi released the following statement in regards to the recent agreement by Gov. Arnold Schwarzenegger and the Legislature for a workers’ compensation reform...
AIA Says No to Calif. Rate Regulation
Apr 16 2004 // The American Insurance Association (AIA) on Thursday issued a statement in response to the introduction of ABX4 16. This measure would reportedly impose a new rate regulation scheme on workers’ compensation carriers...
Calif. Legislature Passes Workers’ Comp Bill
Apr 16 2004 // The California state Assembly overwhelmingly passed a workers’ compensation reform measure to repair the state’s troubled workers’ comp system by a 77-03 vote, while the State Senate passed the measure by...
Lawmakers See Possible Vote April 16 on Workers’ Compensation Plan
Apr 15 2004 // Gov. Arnold Schwarzenegger blamed attorneys for the “two or three sticking points” that loom over negotiations on a workers’ compensation insurance reform bill. “Every time we get language, the...
ACIC Comments on Calif. Workers’ Compensation Reform Package
Apr 15 2004 // The following is a statement issued by Sam Sorich, president of the Association of California Insurance Companies (ACIC). “The Association of California Insurance Companies commends the Legislature and Governor...
RIMS Survey Says Workers’ Comp Affecting Calif. Businesses
Apr 14 2004 // The Risk and Insurance Management Society (RIMS) received 261 responses from corporate risk managers regarding the workers’ compensation system in California supporting a conclusion that California may be losing jobs...
U.S.I. Holdings to Acquire Los Angeles-based Dodge, Warren & Peters
Apr 13 2004 // U.S.I. Holdings Corporation (“USI”) announced that it has completed due diligence and entered into a definitive agreement to acquire Los Angeles, Calif.-headquartered Dodge, Warren & Peters Insurance...
SIAA Announces New Master Agency in California
Apr 13 2004 // SIAA Inc., a network of partnering independent insurance agencies in the country, announcesdthat Access Insurance Services, Inc. in Arcadia, Calif. has established ACCESS Independent InsurancePro Alliance as a SIAA Master...
S&P Report Warns Calif. Workers’ Compensation More Precarious Now
Apr 12 2004 // The California State Compensation Insurance Fund (SCIF) could be heading toward insolvency, according to a new report from Standard & Poor’s Ratings Services. Recent legislative initiatives in the state threaten...
CDI Files Lawsuit Against State Fund
Apr 7 2004 // Insurance Commissioner John Garamendi and the California Department of Insurance (CDI) filed a suit against State Compensation Insurance Fund (State Fund), California’s workers’ comp insurer of last resort, in...
California Man Pleads Innocent to Tracking Co-worker’s Computer Keystrokes
Apr 7 2004 // A former insurance claims manager accused of planting a keystroke recording device on a workplace computer has pleaded innocent in federal court. Larry Lee Ropp, 46, was indicted last month on one count of endeavoring to...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Is Carrier Solvency a Worry on Everyone’s Mind’
Apr 5 2004 // Carrier solvency is on the tip of everyone’s tongue. It is the one issue everyone in the industry has to be concerned about. It isn’t just the staggering record losses sustained by the industry from the 9/11...
Agents Learn about Opportunities, Challenges at Agribusiness Conference
Apr 5 2004 // The Insurance Brokers and Agents of the West (IBA West) and Insurance Skills Center sponsored the 17th Annual Agribusiness Conference held March 17 and 18 in Sacramento. The nation’s largest agricultural conference...
Calif. Attorney Sentenced in Fraud Ring
Apr 5 2004 // A five-year undercover investigation into a staged auto collision ring came to a conclusion recently with the sentencing of the final attorney implicated by the joint efforts of the California Department of Insurance (CDI)...
Surplus Lines Products For Homeowners – Salvation or Cause for Concern’
Apr 5 2004 // In 2004, the California homeowners and dwelling marketplace continues to erode. In October 2003, catastrophic wildfires destroyed 790,000 acres of brush and forest land, and along the way destroyed 3640 homes, 1141...
People and Places
Apr 5 2004 // Caryn Siebert Caryn Brenna Siebert has been selected as president and CEO of Orange, Calif.-based Carl Warren and Company. Siebert previously served as vice president & national director of claims operations at Safeco...
