Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
CIGA Implements 2 Percent Increase
Sep 16 2002 // The California Insurance Guarantee Association (CIGA) will impose a 2 percent increase on all polices under its some 850 member carriers effective Jan. 1, 2003. “For the year 2003, it will be applied to all...
Garamendi Does Labor Day Visits; Mendoza Meets with Brokers, Contractors
Sep 16 2002 // Democratic Insurance Commissioner candidate John Garamendi joined thousands of workers by participating in a number of Labor Day activities throughout California earlier this month. “I am pleased once again to share...
Aon Completes $1.450B Reinsurance Program for State Compensation Fund of Calif.
Sep 13 2002 // Aon Corporation announced that its global reinsurance intermediary, Aon Re Worldwide, has completed a major excess of loss reinsurance program for the State Compensation Insurance Fund of California. The transaction...
Calif. Gov. Davis Approves Measure to Extend Personal Injury Statute of Limitations
Sep 13 2002 // Despite broad opposition from the business community, California Governor Gray Davis has approved a measure that will weaken the process to grant summary judgment motions and extend the statue of limitations for the filing...
CDI Issues C&D Order to Seibels Bruce Subsidiary
Sep 12 2002 // South Carolina-based Seibels Bruce Group Inc. announced that its subsidiary, South Carolina Insurance Company (SCIC), voluntarily agreed with the California Department of Insurance (CADOI) to cease and desist from...
Calif. Gov. Davis Approves Legislation to Safeguard Solvency of Workers’ Comp Guaranty Fund
Sep 12 2002 // California Governor Gray Davis has signed a measure that guarantees employers and injured workers will continue to receive workers’ compensation benefits if an insurance carrier becomes insolvent, according to the...
Privacy, Auto Repair Shop Bills Fail in Calif. 2002 Legislative Session
Sep 10 2002 // California’s 2002 legislative session came to a close recently without passage of bills aiming to restrict insurers’ use of personal financial information and investments in auto repair shops. Both measures...
NAII Says Calif. Proposed Privacy Regulation Amendments Miss Mark
Sep 9 2002 // According to the National Association of Independent Insurers (NAII), The California Insurance Department’s latest revisions to its proposed consumer financial privacy regulations are still at odds with state and...
Quotesmith.com Unveils Homeowners Ins. Comparison Service for Calif. Residents
Sep 6 2002 // Quotesmith.com announced the launch of a brand new homeowner insurance price comparison service for residents of California. The California debut includes an initial lineup of six leading insurers that are now immediately...
Battle Over Financial Privacy Dominates Final Days of Calif. Legislative Session
Sep 5 2002 // For the second year in a row, the California Assembly defeated a measure to restrict the information flow within financial services companies, said the American Insurance Association (AIA). Privacy “Once again,...
Ballot Statement Removed; Mendoza Gains MAPA Support
Sep 2 2002 // John Garamendi, Democratic candidate for California Insurance Commissioner, succeeded recently in forcing Green Party candidate David Sheidlower to delete a portion of his ballot statement in the state voters’...
PIFC Says SB 688 Designed to Increase Lawsuits in Calif.
Aug 30 2002 // California trial lawyers successfully passed SB 688 out of the Assembly Judiciary Committee on Aug. 27, 2002 that, if enacted, will substantially increase lawsuits, insurance costs and legal costs to local government...
Alliance says Calif. Liability ‘Reforms’ will Promote Construction Defect Lawsuits
Aug 29 2002 // A package of so-called “liability reform” bills that are quietly making their way toward enactment during the final hours of California’s legislative session will flood California’s already...
Calif.-based Abacus Ins. Brokers Selected as Finalist for E-Fusion Award
Aug 28 2002 // Six online insurance-related projects have been selected as finalists for the E-Fusion Award. Judges selected the top six projects from among 67 entries by a first round of judges. They will be reviewed on Sept. 29 at the...
Seibels Bruce Group Discloses Order from Ariz. Dept. of Insurance
Aug 28 2002 // The Seibels Bruce Group Inc. announced that it received a Consent Order issued yesterday from the Arizona Department of Insurance (AZDOI) suspending the certificate of authority held by its subsidiary, Consolidated...
Calif. Legislature Approves Workers’ Comp Bills
Aug 23 2002 // The California Legislature is considering a package of three measures that will improve the delivery of workers’ compensation benefits in the state, according to the American Insurance Association (AIA). One measure...
PIFC, NAII Oppose CDI Proposal on Rate Regulations
Aug 21 2002 // The Personal Insurance Federation of California (PIFC) and the National Association of Independent Insurers (NAII) say they are opposed to a proposal by the California Department of Insurance (CDI) to change the current...
AIA Says Last-Minute Effort to Fix SB 773 Will Hurt Consumers
Aug 21 2002 // California State Senator Jackie Speier’s (D) latest attempt to overhaul operations of the financial services industry will backfire and consumers will pay the price, according to the American Insurance Association...
Mendoza Captures Endorsements from 22 of 32 Chapters of MAPA
Aug 21 2002 // Gary Mendoza, Republican Nominee for California Insurance Commissioner, captured the endorsement of 22 of the 32 Chapters of the Mexican-American Political Association, Aug. 17 at MAPA’s 43rd Endorsement...
Calif. Pizza Owners Arrested for Alleged Workers’ Comp Fraud, Tax Evasion
Aug 20 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division and the California Franchise Tax Board (FTB) announced the arrests of Benito Storniolo, 44, Laura...
