Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Vallejo, Calif. Broker Sold Fraudulent Policies
Jun 9 2003 // A search warrant was served by CDI investigators to former insurance broker Jimmie Earl Jackson, of Vallejo, Calif. Jackson was operating Jaxon Insurance Services in Vallejo. CDI revoked Jackson’s insurance license...
Burns & Wilcox Chairman Reflects on Decades of Business
Jun 9 2003 // Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Execs Talk Future of Industry at 9th Annual ITC Forum
Jun 9 2003 // “Amateur hour is over.” Those were the words of the Sullivan Group president Gerald J. Sullivan, addressing a roomful of industry executives recently at the 9th Annual Insuring the Children Forum....
Burns & Wilcox Chairman Reflects on Decades of Business
Jun 9 2003 // Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a...
Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Alliance Disagrees with Calif. Consumers Groups on ZIP Code Info
Jun 5 2003 // An effort by a coalition of consumer groups to force the Insurance Commissioner to change the way auto insurance rates are set in California is nothing more than a group of sore losers refusing to take “no” for...
Calif. Commissioner Obtains Conservation over Fremont Indemnity
Jun 5 2003 // In a clear indication of the enormous problems plaguing California’s workers’ compensation system, Insurance Commissioner John Garamendi obtained a conservation order June 4 over insolvent insurer Fremont...
PIFC, ACIC, AIA File Lawsuit Challenging CDI’s Homeowners’ Advisory Notice
Jun 5 2003 // Three insurance trade associations filed a lawsuit June 4 in Sacramento Superior Court challenging the legality of an “Advisory Notice” issued by the California Department of Insurance (CDI) on April 24, 2003...
Calif. Business Owner Wins Appeal Against Lloyds of London
Jun 4 2003 // The California Court of Appeal recently ruled that Lloyd’s of London could not force a self-employed plumbing contractor to arbitrate his claim for bad faith denial of disability insurance benefits. Trial Lawyers for...
Calif. Commissioner Obtains Conservation over Fremont Indemnity
Jun 4 2003 // In a clear indication of the enormous problems plaguing California’s workers’ compensation system, Insurance Commissioner John Garamendi obtained a conservation order June 4 over insolvent insurer Fremont...
State Fund, Auditor Disagree on Level of Reserves
Jun 2 2003 // In a letter from State Compensation Insurance Fund to its brokers, president Diane Oki reiterated the solvency of workers’ comp carrier, writing “To set the record straight, State Fund is solvent.” In...
PIFC Says Auto Rates will Skyrocket for Drivers in 51 Calif. Counties if Territorial Rating is Eliminated
May 30 2003 // Four California Insurance Commissioners and the California Supreme Court reportedly agree – the use of territory as a factor in determining automobile insurance rates is fair and equitable under Proposition 103...
State Fund Comments on Lawsuit vs. Calif. Commissioner
May 30 2003 // The State Compensation Insurance Fund released a statement regarding the lawsuit filed May 28 against California Insurance Commissioner John Garamendi and the California Department of Insurance (CDI). The suit, according...
State Fund Files Suit Against Calif. Commissioner, CDI
May 29 2003 // California’s State Compensation Insurance Fund filed a lawsuit May 28 against the California Insurance Commissioner John Garamendi and the California Department of Insurance (CDI) requesting a court-ordered...
State Fund Files Lawsuit Against Calif. Commissioner, CDI
May 28 2003 // California’s State Compensation Insurance Fund filed a lawsuit May 28 against the California Insurance Commissioner John Garamendi and the California Department of Insurance (CDI) requesting a court-ordered...
Former Calif. Agent Sentenced to Four Years for Grand Theft, Elder Abuse
May 27 2003 // Patrick James Murphy, 45, of Norco, pled no contest in Los Angeles Superior Court, recently, to 39 felony counts, including grand theft and elder abuse. Superior Court Judge David Horwitz sentenced Murphy to four years in...
Santa Ana, Calif.-based PrideMark Announces New Staff Additions
May 22 2003 // Santa Ana, Calif.-based PrideMark Insurance Agents/Brokers recently announced that Thomas W. Farr and Allison Oguma of Suregard Insurance Agency have joined PrideMark forming Sureguard at PrideMark. Farr and Oguma join...
Richmond, Calif. Construction Firm Owners Sentenced in Fraud Case
May 21 2003 // California State Compensation Insurance Fund and Contra Costa County District Attorney Bob Kochly announced that the former owners of the now bankrupt Richmond-based Barthell Construction and Roofing Co. have been...
Allstate Looking to Form Separate Calif. Subsidiary
May 19 2003 // While noting it is a challenging market, Allstate Corp. is looking to expand its presence in the California auto market by establishing a separate company for its state operations that would focus specifically on the auto...