Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Alliance Says Calif. WC Legislation Full of Loopholes; Premium Reductions Unrealistic
Sep 12 2003 // A 150-page bill that emerged from committee this week following late night bargaining is full of loopholes and won’t produce immediate savings on workers’ compensation policies as some are claiming....
State Fund Hails Workers’ Comp Reform Package
Sep 12 2003 // California’s State Compensation Insurance Fund hailed cost saving measures contained in the Legislature’s workers’ compensation reform package as a significant step toward decreasing system costs. This...
Landmark WC Legislation to Provide Relief for Calif. Employers
Sep 11 2003 // Calif. Insurance Commissioner John Garamendi said that legislation crafted by the Workers’ Compensation Conference Committee will bring stability to the market and is an “outstanding” first step toward...
Authorities Seek Additional Victims in Calif. Broker-Agent’s Scam
Sep 10 2003 // Investigators with the California Department of Insurance (CDI) and the Glendale Police Department are asking for more victims to come forward after the arrest and conviction of Nahed Sabri El-Hawary on eight counts of...
Ueberroth to Exit Calif. Recall Campaign
Sep 9 2003 // With more than 100 candidates to be the next governor of California if the move to recall Gov. Gray Davis (D) is successful, one of the more prominent candidates is apparently throwing in the towel. Former baseball...
Legislature Committee Looks for Answers in Calif. Workers’ Comp Crisis
Sep 8 2003 // Trying to bring rate relief to California’s employers, the Legislature’s special Workers’ Compensation Conference Committee recently focused its reform aims on a magic number of $3.5 billion in...
McClintock Sees Need for Dramatic Change in Calif. Policies
Sep 8 2003 // In a look at the race for Governor of California, Insurance Journal recently chatted with State Sen. Tom McClintock (R) who is running to succeed Gray Davis should the Recall Vote be successful on Oct. 7. McClintock was...
Zanoni Brought Surplus of Experience to Work
Sep 8 2003 // In today’s world of moving from one job to another, few individuals can call a business home for the last 42-and-a-half years. Deanna Marie Zanoni can do just that. To put time in perspective, when Zanoni, was hired...
CWCI’s Nolan Discusses Calif. Workers’ Comp Marketplace
Sep 8 2003 // Insurance Journal staff writer Cynthia Beisiegel recently met up with Michael Nolan, president of the California Workers’ Compensation Institute (CWCI) at the ACIC XIV Annual General Counsel Seminar in Las Vegas....
Gov. Davis Signs Privacy Bill; Associations See Added Costs
Sep 8 2003 // Gov. Gray Davis signed California financial privacy legislation into law Aug. 28, enacting one of the nation’s most restrictive state privacy measures, according to the Association of California Insurance Companies...
New Calif. Governor Faces Full Plate of Industry Issues
Sep 8 2003 // Despite the uncertainty over who will be the next governor of California, the state’s next CEO will have to deal with groundbreaking insurance legislation that will be crafted, debated and implemented over the next...
Pitfalls to Avoid in Running a Captive Premium Finance Company
Sep 8 2003 // This is the third and final part in a series of articles discussing captive premium financing. The decision has been made to form a captive premium finance company. The method in which you plan to run your operation has...
Alliance Says Calif. Emergency Regs on Fraud Investigations are Unnecessary
Sep 4 2003 // The California Department of Insurance’s proposal to further regulate the special investigations units of insurance companies is excessive and unnecessary according to the Alliance of American Insurers. In written...
Calif. Commissioner Pushes for WC Reform
Sep 4 2003 // Saying that the time is now for reform, Insurance Commissioner John Garamendi highlighted the plight of nonprofit agencies across the state that have been burdened with soaring premiums due to the condition of the...
Ueberroth Visits San Diego; Says ‘You Can’t Spend Your Way out of a Problem’
Sep 4 2003 // Looking to drum up support and gain in the polls in the race for California governor, Peter Ueberroth visited San Diego last week and held a town hall meeting in Mission Valley. Peter UeberrothWatch Video(Windows...
Calif. Commissioner, Workers’ Comp Comm. Discuss Reform Efforts
Sep 3 2003 // Emphasizing the urgent need for true reform, Insurance Commissioner John Garamendi told the Workers’ Compensation Conference Committee that the Legislature must reduce system costs by at least $6.25 billion to bring...
Calif. Commissioner Pushes for WC Reform
Sep 3 2003 // Saying that the time is now for reform, Insurance Commissioner John Garamendi highlighted the plight of nonprofit agencies across the state that have been burdened with soaring premiums due to the condition of the...
Gov. Davis Signs Anti-Consumer Privacy Bill
Aug 28 2003 // Gov. Gray Davis signed California financial privacy legislation into law Aug. 28, enacting one of the nation’s most restrictive state privacy measures, according to the Association of California Insurance Companies...
CIWA Invites Attendees to Breakfast, Briefing at NAPSLO Conference
Aug 28 2003 // The California Insurance Wholesalers’ Association (CIWA) is inviting attendees to a continental breakfast and a briefing on the California Regulatory, Legislative and Political Environment and Issues facing the...
Credit Lyonnais Indicted by Federal Grand Jury in Executive Life Case
Aug 28 2003 // Another chapter has opened in the long running saga concerning the involvement of French Bank Credit Lyonnais (CL) in the bail out of California insurer Executive Life with the announcement by federal prosecutors in Los...
