Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Industry Reacts to Calif. Holocaust-era Decision
Jun 24 2003 // California Insurance Commissioner John Garamendi released the following statement regarding the United States Supreme Court’s decision to defeat a California law required insurance companies to provide information...
U.S. Supreme Court Defeats Holocaust Law
Jun 23 2003 // The U.S. Supreme Court today defeated a California law that required insurance companies to provide information about all of their Holocaust-era policies. In a 5-4 vote, the high court decided that California’s...
State Fund Wins Major Workers’ Compensation Class Action Suit
Jun 23 2003 // State Compensation Insurance Fund has won a final decision in the largest and longest-running class action lawsuit in the 89-year history of California’s workers’ compensation system. San Francisco Superior...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
New AIG Construction Specialty to Focus on Builder & Contractors
Jun 23 2003 // Responding to the lack of availability in the construction market, AIG Excess Casualty recently introduced a new excess casualty practice for builders and contractors, AIG Construction Specialty. AIG Construction Specialty...
Born to be Wild or Something Like It
Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...
The American Dream in California is Just That-A Dream
Jun 23 2003 // When you hear the phrase, “I want to live the American dream,” and you ask what that means, many people say that they want to own their own home where they can raise their family. Unfortunately, the dream is...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
Born to be Wild or Something Like It
Jun 23 2003 // Get your motor runnin’ Head out on the highway Lookin’ for adventure And whatever comes our way –Steppenwolf, 1968 Easy Rider,” the 1969 filmic ode to the chopper life featuring Steppenwolf’s...
Alliance Applauds Fail of Calif. Privacy Bill
Jun 19 2003 // The Alliance of American Insurers is pleased with recent privacy developments in the California Legislature. On June 17, SB 1 failed in the Assembly Banking and Finance Committee, receiving only three yes votes from the...
Calif. Commissioner Serves Cease & Desist on Unauthorized Insurer
Jun 19 2003 // Insurance Commissioner John Garamendi announced that the California Department of Insurance (CDI) served a Cease and Desist Order on Insurance Company of the Americas (ICA) based in Bradenton, Fla. and Oriskany, N.Y.,...
Onerous Calif. Financial Privacy Bill Heard in Assembly
Jun 18 2003 // A Senate bill that would reportedly create the country’s most restrictive privacy standards passed the full Senate and is pending in the Assembly, where it was heard June 17 in the Assembly Banking and Finance...
State Fund’s Trial Team Receives Decision in A.J. Liquor Case
Jun 18 2003 // Sheppard, Mullin, Richter & Hampton announced that after nearly seven years of litigation, in a seven-month trial, its trial team, headed by Gregory A. Long, and with Fred Puglisi, Phil Atkins-Pattenson, Jim Burgess,...
Allied NA Announces New Hires in Fremont, Calif. Office
Jun 13 2003 // Allied North America announced the following appointments to its Fremont. Calif.-based office. Lynne O’Connell has been promoted to senior vice president of Insurance and a member of Allied’s management team....
CDI Busts Calif. Residents for Staging Auto Accidents
Jun 12 2003 // California Department of Insurance (CDI) Fraud Investigators announced arrest warrants have been issued for 10 people suspected of staging automobile accidents. Five of the suspects have been arrested and five are still...
Calif. Broker Arraigned on Grand Theft Charges
Jun 11 2003 // Former insurance broker An Khai (aka Annie) Lu, 54, of Monterey Park, Calif., was arraigned on three counts of grand theft. The California Department of Insurance (CDI) revoked Lu’s insurance license in Oct. 2002 for...
Undercover Ops Attack Calif. Med-Legal Mills
Jun 10 2003 // Six people suspected of participating in medical-legal mills in the Sacramento area have been arrested after a two-year undercover investigation by the California Department of Insurance (CDI) Fraud Division, Sacramento...
Calif. Commissioner Approves 7.2 Percent Rate Increase on Pure Premium Rates
Jun 9 2003 // California Insurance Commissioner John Garamendi issued a decision June 6 on the Workers’ Compensation Insurance Rating Bureau’s (WCIRB) July 1, 2003 pure premium rate filing that was submitted on April 2,...
