Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Artisan Contractor
Nov 20 2000 // Class Strong Despite construction Defect Litigation, Hardening Market and Slowing economy The building boom across much of the country resulting from nearly 10 years of economic expansion has also resulted in a business...
Liability Coverage for Breaches of Contract
Nov 20 2000 // Knowledgeable people think that liability insurance is for accidents. Standardized liability insurance policies-homeowners, auto and commercial general liability-are worded so that the idea of an accident is at the heart...
Liability Coverage for Breaches of Contract
Nov 20 2000 // Knowledgeable people think that liability insurance is for accidents. Standardized liability insurance policies-homeowners, auto and commercial general liability-are worded so that the idea of an accident is at the heart...
MOLD in Buildings
Nov 20 2000 // Creates New Frontier in Construction Defect Litigation, Definition of Pollution At the center of what could become one of the fastest growing areas of both construction defect litigation and toxic tort litigation is an...
Calif. Broker Fee Regulations Set to Take Effect
Nov 16 2000 // The new California Department of Insurance broker fee regulations will go into effect on Nov. 23. The regulations require that agents use a Standard Broker Fee Disclosure Form and Standard Broker Fee Agreement when a...
Calif. Workers’ Comp Puts Damper on American Financial Group 3Q Results
Nov 14 2000 // American Financial Group Inc. (AFG) announced a $10.8-million loss ($.18 per share) for third quarter 2000. The loss includes $22.8 million, after-tax ($.39 per share), for strengthening the loss reserves of its California...
Madera County Calif. Woman Arrested for Workers’ Comp Fraud
Nov 13 2000 // A Madera County, Calif. woman was arrested last week on workers’ comp fraud charges. Jennelle Nanleen Allen, 38, was arrested by the California Department of Insurance and Madera District Attorney’s Office...
Calif. State Auto Bureau Downgraded
Nov 13 2000 // The financial strength rating (FSR) of the California State Automobile Association Inter-Insurance Bureau was downgraded from “A+” to “A” by A.M. Best. Best indicated that the downgrade reflected a...
DIR Resource Networks Seeks Improved Young Worker
Nov 10 2000 // Health and safety legislation recently signed by Calif. Gov. Gray Davis aims to provide young workers with expanded educational services and other resources to improve their workplace safety and health. A.B. 1599...
Future of Calif. Earthquake Authority Remains Hot Topic of Debate
Oct 31 2000 // Treasurer Phil Angelides has indicated recently that he has some concerns about the stability of the California Earthquake Authority. He made his fears public Oct. 26, sending out a letter to lawmakers calling for a...
Today’s AGING Workforce is Ripe with Potential for Age Discrimination Claims
Oct 30 2000 // The 1990s were a time of turbulence for businesses as employers faced corporate restructuring, seasonal layoffs and reductions in force (RIF). The changing workplace relationships brought about both an increase in age...
A Change of Attitude at the CDI: New Commissioner Asserts Calming Influence
Oct 30 2000 // It’s a sunny fall day in Sacramento and at 300 Capitol Mall, all is peaceful. Up on the 17th floor at the California Department of Insurance (CDI), the quiet murmur of voices, purring fax machines and chatter from...
Commissioner Approves California W/C Rate Increase
Oct 30 2000 // On Oct. 20, Insurance Commissioner Harry Low took a much-needed first step to improve the dire state of California’s workers’ comp market. Low approved the Workers’ Compensation Insurance Rating Bureau of...
CDI Approves Ohio Casualty’s Prop. 103 Settlement
Oct 26 2000 // The California Department of Insurance has approved a Proposition 103 settlement with Ohio Casualty Corporation, the holding company of The Ohio Casualty Insurance Company. Under the terms of the settlement, the...
Calif. Commissioner Approves 10 Percent Workers’ Comp Rate Increase
Oct 24 2000 // On Oct. 20, Insurance Commissioner Harry Low took his first step to improve the dire state of California’s workers’ comp market. Low approved the Workers’ Compensation Insurance Rating Bureau of...
A Change of Attitude at the CDI: New Commissioner Low Asserts a Calming Influence
Oct 20 2000 // It’s a sunny fall day in Sacramento and at 300 Capitol Mall, all is peaceful. Up on the 17th floor at the California Department of Insurance (CDI), the quiet murmur of voices, purring fax machines and chatter from...
State Compensation Insurance Fund Rewards Policyholders with Projected $82-Million Dividend
Oct 19 2000 // Despite the generally poor workers’ comp marketplace conditions throughout California, San Francisco-based State Compensation Insurance Fund announced projected dividends totaling $82 million for policyholders...
SLAVE INSURANCE PROBES LAUNCHED
Oct 16 2000 // A new California law passed this session has given Insurance Commissioner Harry Low the authority to ask all insurers in the state to produce details of slave policies issued in the 1850s and 1860s. Aetna Inc. and New York...
JD Power’s Auto Insurance Study Goes National, Rates Customer Satisfaction
Oct 16 2000 // After testing the waters last year with its first annual California Auto Insurance Satisfaction Study, J.D. Power & Associates decided to take to the road and make this year’s survey national in...
WCIRB Estimates 1999 Calif. Combined Ratio of 153 Percent; Says Line Deteriorating Further in 2000
Oct 13 2000 // Workers’ comp in California is continuing its slide downhill, according to a recently released report from the WCIRB. The mid-year report found that loss development on the 1998 and 1999 accident years during the...
