Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Regulatory System Analyzed
Dec 12 2001 // The California system held up by a consumer group as a model for auto insurance regulation in fact may have kept California consumers from enjoying billions of dollars in premium reductions over the past decade....
Fullerton, Calif. Man Arrested on Fraud, Perjury Charges
Dec 11 2001 // California Department of Insurance Fraud Investigators arrested a Fullerton man last week on one count of insurance fraud and two counts of perjury. Jagdish Chandra, 58, was booked into the Orange County Jail on a $10,000...
California Drivers to See Some Auto Rate Increases in the New Year
Dec 10 2001 // Auto insurers across the state are making a beeline for Sacramento with their Christmas wish list for rate hikes following several years of rate cuts for California motorists. Those insurers who were chopping rates two or...
Eautoclaims Signs Up CSAA
Dec 10 2001 // EAutoclaims, a provider to the insurance industry with online claims management solutions, announced that California State Automobile Association (CSAA), the second-largest member organization of the national AAA...
CALIF. STATE FUND LOWERED
Dec 10 2001 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on the California State Compensation Insurance Fund to “BB+” from “BBB+” and removed them from...
Angels of the Industry 2001
Dec 10 2001 // The date of Sept. 11 has been indelibly etched into the minds of virtually every American. And yet, despite the tragic events of that day and their repercussions, at least one ray of hope has shone through—that is, the...
Calif. Husband, Wife Receive Sentence
Dec 7 2001 // James Gus Sdrales, 33, was sentenced in San Diego Superior Court on Dec. 3, to one year of work furlough and five years of felony probation. The sentencing is the result of his guilty plea to two felony counts of insurance...
Calif. Industry Said to Be Prepared for Future Disasters
Dec 6 2001 // Representatives of the insurance industry testified Wednesday before the California Assembly Insurance Committee concerning insurance and reinsurance after the attack on America. They noted that the Sept. 11 attack was...
Calif. State Fund Rating Lowered to ‘BB+’
Dec 5 2001 // Standard & Poor’s lowered its counterparty credit and financial strength ratings on the California State Compensation Insurance Fund to “BB+” from “BBB+” and removed them from...
AIA Reacts to Filings of Workers’ Comp Ballot Initiatives
Dec 4 2001 // The American Insurance Association (AIA) reacted Dec. 3 to the filings of two proposed ballot initiatives that would raise workers’ compensation costs in California without including systemic reforms. “It is...
California Agent Gets 4 Years for Fraud
Nov 30 2001 // John Blanton Breland, 54, was sentenced Nov. 26 in the San Joaquin County Superior Court to four years in State prison. The sentencing is the result of a guilty plea to two felony counts of embezzlement, one count of theft...
Hull & Company Restructures Calif. Offices
Nov 29 2001 // Hull & Company, one of the nation’s largest wholesale brokers and MGAs, announced it would be implementing several action steps, including the merger of its San Diego office into its Newport Beach locale. The...
Many California Motorists to Incur Higher Rates
Nov 27 2001 // Those California drivers who have garnered tickets and accidents are likely to see a hike in their auto insurance rates in the months to come. According to the Los Angeles Times, those insurers who were chopping rates two...
California Agent Pleads No Contest to Felony Counts
Nov 26 2001 // A Stockton insurance agent pled no contest to four felony counts earlier this month in the San Joaquin Superior Court. Kim Lorene Lawrence, 40, made the plea after being charged with 33 felony counts consisting of...
CA Supreme Court Reaffirms: 7 Years After Northridge, Insurers Can Be Sued
Nov 26 2001 // The California Supreme Court recently upheld the new law that insurance companies can be sued for their failure to cover damage that their adjusters mistakenly overlooked, even when the legal deadlines for such lawsuits...
Calif. State Fund Placed on CreditWatch
Nov 20 2001 // Standard & Poor’s yesterday placed its ratings on California State Compensation Insurance Fund on CreditWatch with negative implications. The counterparty credit and financial strength ratings on the fund are...
UnionBanCal to Acquire Armstrong/Robitaille
Nov 20 2001 // UnionBanCal Corporation announced that its Union Bank of California, N.A. subsidiary signed a definitive agreement to purchase Fullerton, Calif.-based Armstrong/Robitaille Business and Insurance Services, a regional...
Former Insurance Head Chosen for California State Automobile Association
Nov 20 2001 // The California State Automobile Association, second largest affiliate of the 44 million-member AAA federation, announced that James R. Pouliot has been named president and CEO. Pouliot, former president and COO of the...
NAII Encourages Calif. Supreme Court to Protect Insurers’ Competitive Edge
Nov 19 2001 // Two conflicting California appellate court decisions have insurers questioning whether the community service statements they must file are subject to public disclosure rules under the California Public Records Act. At...
NAAA Concludes Board Meeting at AIAT
Nov 13 2001 // The National Auto Agents Alliance (NAAA) held its third Board Meeting of the year in Arlington, Texas, on Nov. 2. For the fourth consecutive year, the meeting was held in conjunction with the Automobile Insurance Agents of...
