Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Quackenbush – Up Close and Personal
Feb 24 2003 // When I returned from lunch one recent afternoon and cleared out my phone messages, one struck me immediately. The message was from a ‘Chuck Quackenbush’ and said that California’s former insurance...
Broker Fees Raise Questions in Mercury Lawsuit
Feb 24 2003 // A lawsuit filed by a private citizen questioned the legality of broker fees being collected by Mercury Insurance Company producers, according to the American Agents Alliance. A preliminary ruling in the San Francisco...
Calif. Commissioner Garamendi to Speak at the IICF Kick-Off Luncheon
Feb 24 2003 // The Insurance Industry Charitable Fund (IICF) is getting the ball rolling with its annual Kick-Off luncheons, where it will share its objectives in bringing the insurance industry and the community closer...
Time to Jump on the Employee Benefits Bandwagon’
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
NAII Notes All States Have Addressed Privacy Legislation
Feb 24 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” to assure continued regulatory compliance, according to the National Association of...
California, Here We Come
Feb 24 2003 // Earthquakes. Mudslides. Electricity and water shortages. The Los Angeles Clippers. California has its share of problems, no doubt. But there’s at least one thing going right in the Golden State. In 1975, California...
Time to Jump on the Employee Benefits Bandwagon’
Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Feb 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
AIA Says SB1 Discriminates Against Companies
Feb 20 2003 // The California Senate Judiciary Committee debated and approved a privacy measure Feb. 18 that would discriminate against companies based on their corporate structure and would create “California-only” rules for...
Senate Privacy Bill Could Impede Progress in Calif. Business Climate
Feb 19 2003 // The Association of California Insurance Companies (ACIC) says a California consumer privacy bill that was set to be heard in the Senate Judiciary Committee Feb. 18 is unnecessary because current state law and department of...
Calif. Commissioner to Speak at IICF Kick-off Luncheon
Feb 12 2003 // California Insurance Commissioner John Garamendi will speak at the Insurance Industry Charitable Fund’s annual Kick-Off Luncheon in Los Angeles on Friday, Feb. 28. Garamendi is expected to share some of his...
Mercury General Corp. Announces 4thQ Results
Feb 11 2003 // Mercury General Corporation reported that premiums written were $504.6 million in the fourth quarter, a 34.5 percent increase over 2001 and $1,865.0 million for the entire year, a 29.3 percent increase over 2001. “We...
NAII Notes All States Have Addressed Privacy Legislation, While Handful Have Proposals Pending
Feb 11 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National...
ACIC Tells Calif. Legislators that Mold is Uninsurable
Feb 10 2003 // Insurance coverage for exposure to mold in the environment is impossible to provide because losses cannot be quantified or defined with the current medical, scientific, biological and environmental information available,...
Exclusive Agents Feel the Squeeze
Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...
Commercial Lines Auto: A Sleeping Giant Awakens
Feb 10 2003 // The commercial lines auto market used to be a steady line of business, stirred up occasionally by a Department of Transportation regulatory change or fallout from personal auto regulatory issues. Like other lines, it was...
Exclusive Agents Feel the Squeeze
Feb 10 2003 // The times they are a’changin’.” Bob Dylan’s 60’s refrain could be the theme song for a new spirit moving through the ranks of the insurance industry’s exclusive (captive) agents. The...
ACIC Comments on Calif. Commissioner’s Testimony
Feb 7 2003 // The California Assembly Insurance Committee met in a hearing Feb. 5, when Insurance Commissioner John Garamendi discussed his plans to address homeowners insurance issues. The Association of California Insurance...
Calif. Commissioner Testifies Before Assembly Insurance Committee
Feb 7 2003 // California Insurance Commissioner John Garamendi testified before the Assembly Insurance Committee recently, discussing the impact of water damage and mold on consumers and the insurance industry. Below is the text of his...
S&P’s Revises Zenith National Insurance Corp Outlook
Feb 6 2003 // Standard & Poor’s Ratings Services said that it revised its outlook on Zenith National Insurance Corp. and its subsidiaries to negative from stable after Zenith’s announcement on Jan. 20, 2003, that it has...
