Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Insurers’ Homeowner Profits Drowning in Water Damage Claims
Jun 6 2002 // Rising household water damage claims have cost California insurers billions of dollars and are constricting the homeowners insurance market, according to a study done by the Insurance Information Network of California. The...
NAII Says Calif. Senate Passage of Auto Bills
Jun 4 2002 // Three automobile insurance bills that the National Association of Independent Insurers (NAII) says would drive up the cost of insurance, increase the number of underinsured motorists, and threaten a company’s...
Palm Springs, Calif. Man Gets 5 Years for Auto Fraud
Jun 4 2002 // The California Department of Insurance (CDI) announced the sentencing of a Palm Springs man after pleading guilty to one count of insurance fraud. James Keith Simpson was sentenced to five years in state prison by the...
Calif. Senate Approves Bill Requiring Cross-Subsidy for Inner-City Auto Drivers
May 31 2002 // The California Senate approved a bill that would expand eligibility for the current low-cost automobile insurance program to middle-income drivers, a measure that will force insurers to increase premiums for non-urban...
Trio of Calif. Residents Arrested in Claims Payment Scheme
May 31 2002 // The California Department of Insurance (CDI) arrested three northern California residents on multiple counts ranging from insurance fraud to embezzlement and grand theft. Patricia Anne Okuniewicz, 40, of San Jose...
AIA Finds Flaws with Investment Reporting Bill
May 31 2002 // A measure approved by the California State Senate is based on a flawed premise and will discourage charitable giving by insurance companies, says the American Insurance Association (AIA). “This bill is based on the...
Alliance Disagrees with Revised CA Privacy Regulations
May 29 2002 // The Alliance of American Insurers is expressing disappointment with revised privacy regulations from the California Department of Insurance. “The California Department has ignored ample legal and public policy...
Caliber One Exiting E&S Lines; Calif., Texas Were Top 2 States of Business
May 27 2002 // Saying the move will allow the company to devote all of its financial resources and managerial attention to its best performing businesses, PMA Capital has decided to withdraw from the excess and surplus (E&S) lines...
Camps Can Be Overnight Success For Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
Caliber One Exiting E&S Lines; Calif., Texas Were Top 2 States of Business
May 27 2002 // Saying the move will allow the company to devote all of its financial resources and managerial attention to its best performing businesses, PMA Capital has decided to withdraw from the excess and surplus (E&S) lines...
Camps Can Be Overnight Success for Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
Camps Can Be Overnight Success for Experienced Insurers
May 27 2002 // By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on...
NAII Says Calif. Mold Legislation Is Wrong
May 24 2002 // California state senators advanced legislation May 23 that would forbid insurance companies from restricting mold coverage in property and liability policies. In a 21-11 vote, the California Senate passed Senate Bill 1763,...
Calif. DMV Hit with Insurers’ Lawsuit
May 24 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
May 23 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
May 22 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...
Ventura Co., Calif. Man Arrested on Workers’ Comp Fraud
May 16 2002 // Following an investigation by the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division, Todd Owen Balcom was arrested at his residence in Port Hueneme pursuant to an arrest warrant...
Bogus Calif. Agent Arrested on Grand Theft Charges
May 15 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Investigations Bureau arrested Scott D. Veitch, 35, vice president of Golf Marketing World Wide LLC. Veitch, who is not...
Modesto, Calif. Man Surrenders on Fraud Charges
May 14 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested a Modesto man on two counts of insurance fraud. If convicted, Jose Munoz could face up to five...
AAI Labels Calif. Workers’ Comp Rating Bill ‘Regulatory Overkill’
May 13 2002 // A bill working its way through the California Assembly that would give the insurance commissioner greater authority over workers compensation rates is contrary to the state’s open competition rating law and will only...
