Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
A.M. Best Assigns Rating to NIAC and Affiliated Companies
Jul 26 2001 // A.M. Best Co. assigned an “A-” (Excellent) financial strength rating to Nonprofits’ Insurance Alliance of California (NIAC) and “B++” (Very Good) ratings to Alliance of Nonprofits for...
Calif. Correctional Officer Arrested on Two Counts of Workers’ Comp Fraud
Jul 24 2001 // A California Department of Corrections Correctional Officer surrendered to a Riverside Court last week on two felony charges of workers’ compensation insurance fraud. The suspect allegedly failed to notify his...
AIA Urges Cal-OSHA to Quash Effort to Alter Ergonomics Rule
Jul 23 2001 // The American Insurance Association (AIA) urges the California Occupational Safety and Health Standards Board (Board) to reject a petition by the American Federation of Labor and Congress of International Organizations...
Calif. Commissioner Announces Appointment of CAARP Advisory Committee Member
Jul 23 2001 // California Insurance Commissioner Harry W. Low announced the appointment of Franklin Stephenson to the California Automobile Assigned Risk Plan (CAARP) Advisory Committee. The appointment is a one-and-a-half-year term that...
Insurers Throw a Lifeline to Reality TV Producers
Jul 23 2001 // Reality television markets itself as extreme, but by pushing the limits of safety, it also pushes the limits of liability. In order to prevent financial losses, reality television producers are turning to insurers to make...
AIG Comments on California Appeals Court Ruling
Jul 20 2001 // A California Court of Appeal has ruled that a suit against CIGNA Corp. and its former subsidiary, Insurance Company of North America (INA) — charging both companies with illegal conduct and fraud — could...
Study Reports Continuing Rise in Calif. Workers’ Comp Claims Costs
Jul 19 2001 // A new study by the Workers Compensation Research Institute (WCRI) indicates California workers’ comp claim costs increased at a double-digit rate, growing by 11 percent between 1997 and 1998 (as of 1999 experience)....
Calif. Assembly Banking Committee Approves Controversial Financial Privacy Legislation
Jul 19 2001 // According to the American Insurance Association (AIA), despite continued opposition from the financial services industry, the California Assembly Banking Committee approved the state’s most controversial financial...
Insuring The Children Awarded $10,000 from The Hartford
Jul 17 2001 // Insuring the Children (ITC), the insurance industry’s initiative to end child abuse and neglect, has received a $10,000 commitment from The Southern California Regional Office of The Hartford Financial Services Group...
Calderon Announces Candidacy for California Insurance Commissioner
Jul 16 2001 // Thomas M. Calderon, the chair of the Assembly Committee on Insurance, announced his candidacy for California Insurance Commissioner. Calderon’s press office said he has distinguished himself as a reformer of the...
CDI Hearings Explore Problems in Calif. Low-Cost Auto
Jul 16 2001 // Marking the first anniversary of implementation of California’s low-cost auto insurance program, the state’s Department of Insurance (CDI) held informal hearings on why the results of the program have been less...
Calif. Assembly Insurance Committee Kills Data Collection Legislation
Jul 16 2001 // Following intense opposition by the insurance industry, the American Insurance Association (AIA) reported that the California Assembly Insurance Committee defeated legislation that would have disclosed insurers’...
California Workers’ Comp Carriers See
Jul 16 2001 // Trying to operate in a shaky market, a pair of California workers’ compensation carriers have seen their ratings drop from “A” to “A-” following review by analysts at A.M. Best. Both...
California Not Quite Ready to ‘Cell’ Out
Jul 12 2001 // California’s Senate Transportation Committee rejected a bill on July 10 that would have mandated a Highway Patrol study on the link between cellular phone use and bad driving. The bill, which was authored by...
AIA Applauds Court Decision Reaffirming Workers’ Comp System as Exclusive Remedy in Calif.
Jul 12 2001 // According to the American Insurance Association (AIA), late last week, the California State Supreme Court unanimously ruled that businesses hiring contractors to perform work are not liable if an employee of the contractor...
Calif. Jury Rules in Favor of Farmers Adjusters
Jul 12 2001 // A jury has awarded a record-setting claim for overtime for a class of Farmers Insurance Adjusters in the final amount of $90,009,208 for overtime pay in a class action suit in Oakland. More than 2,000 adjusters working for...
California Earthquake Authority Releases Project Consulting Team Report
Jul 11 2001 // A new report completed by Tillinghast-Towers Perrin presents the current state of the California Earthquake Authority (CEA) in a positive light. The “CEA Project Consulting Team Report,” was commissioned by the...
Calif. Financial Privacy Bill Revived
Jul 11 2001 // The American Insurance Association (AIA) reported that the California State Assembly has granted a rule waiver to allow the Assembly Banking Committee to reconsider a critical financial privacy measure, SB 773, by Jackie...
NAII Says Calif. Bill Would Hinder Fraud-Fighting Tactics
Jul 10 2001 // The National Association of Independent Insurers (NAII) announced that the California Assembly Insurance Committee on July 11 will hold a hearing to debate legislation that would impede insurer efforts to investigate...
NAII Presents Insurers’ Views at Hearing on Improving Calif. Low Cost Auto Program
Jul 9 2001 // Efforts to reduce the number of uninsured drivers in California should not center on the price of automobile insurance. Instead, California insurance officials and lawmakers should allow insurers to provide the type of...
