Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Gibford Joins AIA’s Western Region
May 5 2004 // The American Insurance Association (AIA) announced May 5 that Janine Gibford has been appointed as assistant vice president in the association’s Western Region, based in Sacramento. Gibford will manage AIA’s...
IINC: Half of California Homes Face Wildfire Dangers
May 5 2004 // More than half of California’s 12.5 million homes face wildfire dangers that pose a financial loss potential well in excess of $106 billion, according to state fire statistics. California Department of Forestry...
Personal Insurance Foundation of California Opposed to Most of Homeowners Bill of Rights Package
May 5 2004 // The Personal Insurance Federation of California (PIFC) announced opposition to three of the four measures that make up the “Homeowners Bill of Rights” (HOBOR) package that will be heard in the California...
ACIC Responds to CDI News Conference
May 4 2004 // Sam Sorich, president of the Association of California Insurance Companies (ACIC), released a statement in response to Insurance Commissioner John Garamendi’s recent comments regarding the response of the insurance...
Dozens Arrested For Auto Body Insurance Fraud in Northern California
May 3 2004 // A multi-agency enforcement unit conducted a sweep April 1 that has to date resulted in the arrests of 27 suspects following a year-long undercover investigation into auto body insurance fraud. Warrants were issued by the...
Calif. Governor Wants Workers’ Comp Fix in a Week
May 3 2004 // West News • March 22 “I just wish the governor in my state had the backbone the “Terminator” appears to. Like California, our legislature (and our newly elected governor) is predominantly trial lawyers...
California Governor Optimistic About Reaching Deal on Workers’ Comp
May 3 2004 // West News • March 31 “The problem with workers’ compensation in California is that 95 percent of those who are in a position to effect change and reform do not fully understand the system. We look at the...
S&P Report Warns Calif. Workers’ Compensation More Precarious Now
May 3 2004 // West News • April 14 “The taxpayers of California will ultimately face the financial consequences should the SCIF be in financial trouble or fail. There is no excuse for SCIF not having an A.M. Best rating. Rather...
Calif. Governor Wants Workers’ Comp Fix in a Week
May 3 2004 // West News • March 22 “I wish the governor in my state had the backbone the ‘Terminator’ appears to. Like California, our legislature (and our newly elected governor) is predominantly trial lawyers who...
California Governor Optimistic About Reaching Deal on Workers’ Comp
May 3 2004 // West News • March 31 “The problem with workers’ compensation in California is that 95 percent of those who are in a position to effect change and reform do not fully understand the system. We look at the...
Calif. Governor Wants Workers’ Comp Fix in a Week
May 3 2004 // West News • March 22 “I just wish the governor in my state had the backbone the “Terminator” appears to. Like California, our legislature (and our newly elected governor) is predominantly trial lawyers...
California Governor Signs Workers’ Comp Reform Package
May 3 2004 // Governor Arnold Schwarzenegger signed a bill on April 19 designed to overhaul California’s costly workers’ compensation system and save employers billions of dollars. The compromise legislation will limit...
Calif. Agent Pleads Guilty to Selling Phony Policies
May 3 2004 // California Department of Insurance (CDI) investigators are seeking additional victims in the case of a West Sacramento insurance agent/broker who sold phony policies to more than two dozen construction firms, bilking them...
People and Places
May 3 2004 // Redwood City, Calif.-based ABD Insurance and Financial Services recently announced several new appointments. Sam Jones Sam Jones will become president, property/casualty. Jones assumes responsibility for the...
Calif. Governor Wants Workers’ Comp Fix in a Week
May 3 2004 // West News • March 22 “I just wish the governor in my state had the backbone the “Terminator” appears to. Like California, our legislature (and our newly elected governor) is predominantly trial lawyers...
Alliant Acquires Gaddy Ward in Calif.
Apr 30 2004 // Alliant Resources Group, Inc., of Stamford, Conn., one of the largest U.S. insurance brokerage and financial services distribution companies, has acquired California-based Gaddy Ward & Company Insurance Brokers. Gaddy...
WCIRB Testifies at CDI Public Hearing
Apr 30 2004 // On April 29, the WCIRB testified at a California Department of Insurance (CDI) public hearing called to assess the impact of the recently-enacted Senate Bill 899 (SB 899) on advisory pure premium rates effective July 1,...
California DOI Improves Efforts to Combat Workers’ Compensation Fraud
Apr 29 2004 // Since taking office in January, 2003, Insurance Commissioner John Garamendi has worked vigorously to spur reform of the state’s broken workers’ compensation system. A top priority has been the effort to fight...
California Commissioner Launches Team to Investigate Wildfire Insurance
Apr 28 2004 // A team of attorneys and consumer advocates will be in place by week’s end to investigate complaints by hundreds of victims of last fall’s Southern California wildfires that their insurance companies...
SB 1315 Would Limit Consumer Choice, Violate California Constitution
Apr 28 2004 // The Association of California Insurance Companies (ACIC) is opposed to pending legislation, SB 1315, which would limit consumer choice on fire insurance policies and violate the California Constitution’s contract...
