Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Workers’ Comp Hearing Reaches Consensus: There is a Problem, Now What’
Feb 20 2001 // On Feb. 14, lawmakers, insurers, employers and others gathered in Sacramento to discuss the troubled state of California’s workers’ compensation market. The Assembly Insurance Committee Hearing on...
Alliance Files Amicus Brief in
Feb 20 2001 // The Alliance of American Insurers, based in Downers Grove, Ill., along with several other insurance groups, filed an amicus curiae brief Feb. 15 with the California Court of Appeal in Basich v. Allstate Insurance Co. The...
Carriers Battle Alleged Taxicab Market Fraud
Feb 19 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
NAFTA Panel: U.S. in Violation of Treaty
Feb 19 2001 // On Feb. 6, a North American Free Trade Agreement arbitration panel upheld an interim ruling opening the United States border to Mexican trucks. Many in the insurance industry say they will cautiously review the changes the...
CDI Searches California Agencies In Effort to Uncover Possible Fraud
Feb 16 2001 // Search warrants were executed at more than 10 locations in California in the past two weeks, according to the California Department of Insurance Criminal Investigations Branch. Investigators were hunting for evidence of...
Series of Hearings on Key Insurance Issues Kicks Off Today
Feb 14 2001 // A workers’ compensation hearing begins at 9 a.m. this morning in the California State Capitol in Sacramento. This is the first of three hearings set by Assemblyman Thomas Calderon, D-Montebello, to increase public...
Carriers Battle Alleged Taxicab Market Fraud
Feb 12 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
2001 IBA West Officers Installed by Commissioner Low at Annual Luncheon
Feb 12 2001 // On Jan. 24, IBA West Outgoing President John Johnson of San Leandro-based McDermott-Costa Inc. welcomed a roomful of approximately 200 attendees to the 2001 Installation of Officers held at the Hotel Nikko in San...
NAFTA Ruling Expected to Allow U.S. Access to Mexican Trucks
Feb 12 2001 // A North American Free Trade Agreement arbitration panel is expected to uphold an interim ruling from November allowing Mexican trucks to operate in the United States. Many in the insurance industry say they will cautiously...
Holocaust Effort Gets Judicial Support, No Enforcement Yet
Feb 9 2001 // On Feb. 7, the 9th U.S. Circuit Court of Appeals in Sacramento backed a California law forcing insurers to disclose policies sold in Europe before World War II. The law, which was adopted by the Legislature in 1999 but...
CNA Names Stonehouse To Lead California Agency Market Division
Feb 8 2001 // CNA Financial Corp. has hired Stephen G. Stonehouse as president of the California Operations for Agency Markets. Stonehouse will lead the zone operation for California, and the Commercial Insurance branches in the state...
Good, Bad Vibes from Industry Leaders
Feb 5 2001 // If you weren’t able to attend the recent Property/Casualty Joint Industry Forum in New York City, we can sum up CEO attitudes about the New Year in this way: The market is hardening, although not fast enough; losses...
United Valley Expands Into Northern California
Feb 2 2001 // Armed with an aggressive growth strategy, United Valley Insurance Services Inc., headquartered in Fresno, is expanding beyond its Central Valley base and into Northern California. Seven of its nine new affiliates are...
Framing Company Heads Accused of Insurance Fraud
Jan 31 2001 // Three construction company owners from Arizona and a California attorney have been accused of insurance fraud and employment tax evasion by California insurance officials. Jay Neal Wright, 48, his son, Jay Neal Wright II,...
NORTHRIDGE ANNIVERSARY
Jan 29 2001 // On Jan. 17, exactly seven years ago to the day, America experienced its most costly insurance disaster as the Northridge earthquake rumbled through California, killing 60 people and destroying or damaging thousands of...
Online CE Courses are Changing the Ways Agents Get Educated
Jan 29 2001 // Sadly, this is the mindset of many agents when it comes to continuing education. Every agent knows the important role that continuing education (CE) plays in keeping up with the industry’s ever-changing business...
Ex-Quackenbush Deputy Makes Plea Agreement in CDI Probe
Jan 29 2001 // George Elliot Grays, a former senior aide to erstwhile California Insurance Commissioner Chuck Quackenbush, pled guilty on Jan. 16 to federal charges of two counts of mail fraud and one count of conspiracy to commit money...
Assessing the Signs and Strategies for Hitting the Niche Target
Jan 29 2001 // To specialize or not to specialize, that is the question. The answer is, given the right set of circumstances—absolutely. Finding the proper alchemy is the challenge, and part of that is realizing that a good idea alone...
Good, Bad Vibes from Industry Leaders
Jan 29 2001 // If you weren’t able to attend the recent Property/Casualty Joint Industry Forum in New York City, we can sum up CEO attitudes about the New Year in this way: The market is hardening, although not fast enough; losses...
The Hartford Pilots New Internet Quote System in California
Jan 24 2001 // The Hartford Financial Services Group began piloting its new interactive quote system for personal auto with four agencies in California last month. The web-based system allows participating insurance agencies to obtain an...
