Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
PAULA Financial Reports Net Income for 2ndQ 2003
Aug 26 2003 // Pasadena, Calif.-based PAULA Financial announced net income for the second quarter of 2003 of $0.02 per share compared to $0.01 per shares for the 2002 period. Total revenue for the second quarter of 2003 was $4.3 million...
Trade Associations Prevail in Lawsuit Challenging Calif. Homeowners Emergency Regs
Aug 26 2003 // Three insurance trade associations announced that a Sacramento Superior Court sustained their challenge to the legality of a homeowners insurance Emergency Regulation issued by the California Department of Insurance (CDI)...
Alliance Reacts to Calif. Privacy ‘Truce’
Aug 25 2003 // A truce seems to have been reached in the long-running battle over privacy legislation in California, according to the Alliance of American Insurers. “There is good news and bad news from Sacramento,” said Rey...
Simon Departs Calif. Gubernatorial Recall Race
Aug 25 2003 // Californians going to the polls on Oct. 7 will have one less Republican choice in the race to recall Gov. Gray Davis and elect a never governor. On Saturday morning, Republican candidate Bill Simon departed the race,...
Calif. Commissioner Announces New Emergency Regs for Homeowners
Aug 22 2003 // Watch Video Length: 10 min 36 sec Lo | Hi California Insurance Commissioner John Garamendi reiterated that homeowners are in crisis during a press conference in San Diego Aug. 21, announcing new additions to his...
Former Calif. Broker Arrested on 10 Counts
Aug 20 2003 // A former insurance broker has been arrested on nine felony counts of grand theft and one felony count of forgery totaling $73,990, according to California Department of Insurance (CDI) investigators. Ronald Nhi Bang, 34,...
