Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Pair of Calif. Transportation Services Do Away with Earthquake Policies
Jun 18 2002 // Both Caltrain and the Valley Transportation Authority have decided that their respective earthquake insurance policies were getting a little too hefty for their wallets. Therefore, both have terminated policies in order to...
Calif. Commissioner Candidates Outline
Jun 14 2002 // Mendoza Garamendi Covering topics ranging from the State Fund to mold, California Insurance Commissioner candidates Gary Mendoza (R) and John Garamendi (D) outlined their visions of what they look to accomplish if they...
CDI Updates Agent/Broker License
Jun 13 2002 // The California Department of Insurance recently announced that they have updated the look for licenses issued to insurance agents and brokers doing business in California. The design was based on feedback the CDI received...
Yuba City, Calif. Woman Surrenders on Fraud Charges
Jun 13 2002 // A Yuba City, Calif., woman surrendered herself to authorities last week in Sacramento County as a result of an investigation by the California Department of Insurance, Criminal Investigations Branch’s Fraud...
Calif. Auto Body Shop Owner Sentenced for Fraud
Jun 12 2002 // An investigation by the California Bureau of Automotive Repair (BAR), the Kings County District Attorney’s Insurance Fraud Unit, and the California Department of Insurance (CDI) Criminal Investigations Branch’s...
ICAT Managers Appoints Brennan to Launch Calif. Middle Market Business Unit
Jun 11 2002 // International Catastrophe Insurance Managers, LLC. (ICAT) has launched its Middle Market Business Unit in California. John Brennan will lead the department’s objectives to underwrite accounts with values of $10...
Fresno, Calif. Man Arrested for Auto Fraud
Jun 11 2002 // Chandeep Singh Purewal surrendered in Fresno County (Calif.) Superior Court last week and was arraigned on two counts of auto insurance fraud. If convicted, Purewal could face up to five years in state prison and/or a...
IBA West Responds To Commissioner, Protects Role of Broker in Workers’ Comp.
Jun 10 2002 // IBA WEST has responded to a letter sent to the State Compensation Insurance Fund (SCIF) by California Insurance Commissioner Harry Low in the week saying the insurance regulator’s actions could send the state’s...
Superior Access Unveils Wholesaler Comparative Auto and Home Insurance Quoting
Jun 10 2002 // California-based Superior Access Insurance Services Inc. has unveiled a new online comparative quoting and application feature for 5,300 of its 8,000 appointed agents writing home and auto insurance in...
Insurers & Contractors Trying to Nail DownProper Coverage
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location. The real question is whether it will stay that way or whether...
NBIS Contracts Program to Build Upon
Jun 10 2002 // From mold to construction defects, contractors and those who insure them can run into a mound of claims when building. One company who has stepped in to construct a program for contractors is Nevada-based National Builders...
WCIRB Studies WC Claim Frequency Decline
Jun 10 2002 // Workers’ compensation non-cumulative indemnity claim frequency declined at an annual rate of 6 percent in the 1990’s, according to a study released by the Workers’ Compensation Insurance Rating Bureau of...
CALIF. DMV HIT WITH INSURERS’ LAWSUIT
Jun 10 2002 // California’s Department of Motor Vehicles (DMV) was hit with a lawsuit May 22 by a number of insurance associations wishing to halt a fee hike that would reportedly double the price for motor vehicle reports. Filed...
CALIF. COMMISSIONER APPROVES PURE PREMIUM RATE INCREASE
Jun 10 2002 // California Insurance Commissioner Harry Low recently approved a 10.1 percent average increase in workers’ compensation pure premium rates. The increase, which was proposed by the Workers’ Compensation Insurance...
CALIF. WORKERS’ COMP TRENDS INCREASE
Jun 10 2002 // A study by the Washington-based National Academy of Social Insurance revealed that California’s workers’ compensation benefits have increased 13.9 percent to $8.9 billion in 2002, signaling the end of a decline...
Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Insurers & Contractors Trying to Nail Down Proper Coverage
Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...
AIA and NAII Oppose California’s SB 1763
Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...
Calif. Commissioner Sends Warning to State Fund
Jun 7 2002 // In an unprecedented move, California Insurance Commissioner Harry Low has disclosed a letter to the public that he sent to the president of the California State Compensation Insurance Fund. The letter, dated May 29, and...
AIA Says Calif. Assembly Internet Measure is flawed
Jun 7 2002 // A measure approved by the California State Assembly has put Internet privacy on center stage, but won’t solve the real problem of identity theft, according to the American Insurance Association (AIA). “A...
