Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Kelso Issues Cease & Desist Order to Winters Group
Sep 18 2000 // A Cease & Desist Order, issued by acting California Insurance Commissioner J. Clark Kelso, was served Aug. 30 on the Winters, Calif.-based Puget’s Sound Agricultural Society Ltd. (aka: Jesus Christ...
Governor Davis Signs California Agent Licensing Bill
Sep 18 2000 // On Sept. 5, California Governor Gray Davis signed into law AB 393, the state’s new agent licensing law. Sponsored by Assemblymember Jack Scott (D-Altadena), AB 393 requires anyone transacting insurance to meet...
Calif. Labor Dept. Reports Decrease in Workplace Fatalities
Sep 14 2000 // Good news for workers, employers and insurers alike: the number of workers killed on the job in California in 1999 was at the lowest level since 1992. These findings and others were recently published in the annual report...
CDI Adds Earthquake Link to Website
Sep 11 2000 // The California Department of Insurance (CDI) recently added a new link to its website, www.insurance.ca.gov, to help people affected by the Youngville/Napa earthquake. The advisory provides links to the California Office...
Gov. Gray Signs Calif. Agent Licensing Bill
Sep 11 2000 // California Gov. Gray Davis has signed into law an agent licensing bill. AB 393, California’s new agent licensing law, will require that all persons transacting insurance will be licensed by the state, protecting...
Calif. Legislature Approves Measure to Increase Workers’ Comp Benefits
Sep 7 2000 // Although it could see a likely veto at the hands of Governor Gray Davis, a workers’ compensation measure aimed at raising temporary and permanent disability rates for workers injured on the job was approved by the...
The General Begins Offering Online Quoting, Purchasing in California
Sep 5 2000 // A new Internet-based service, created by The General Automobile Insurance Services Inc., is enabling consumers in California to obtain quotes and purchase nonstandard automobile insurance online. The new online service has...
Storm Chasers: ICAT Covers Catastrophes from Coast to Coast
Sep 4 2000 // Like the tornado chasers in the movie “Twister,” International Catastrophe Insurance Managers LLC (ICAT) keeps pushing into new territory where others hang back. ICAT, which currently underwrites catastrophe...
Calif. Construction Defects Committee Hammers Away on Proposed Bill
Aug 29 2000 // The California Legislature’s Construction Defects Conference Committee met twice last week in Sacramento in an attempt to reach an agreement concerning limiting costs and delays resulting from construction defect...
Calif. Agent Groups Ask Governor to Sign AB 393; NAII Asks for Veto
Aug 29 2000 // The Independent Insurance Agents and Brokers Legislative Counsel (ABL), with the backing of eight trade associations representing the great majority of California’s nearly 300,000 licensed insurance agents and...
Legislature Unanimously Confirms Low’s Nomination as Calif. Ins. Commissioner
Aug 28 2000 // On Aug. 24, the full Assembly approved retired Court of Appeal Justice Harry Low’s appointment by Governor Gray Davis to replace former Insurance Commissioner Chuck Quackenbush who resigned from office, effective...
Calif. Bill Extends Quake Claims; Heads to Governor’s Desk
Aug 28 2000 // A bill that could give thousands of Northridge earthquake victims another chance to file damage claims is on its way to Calif. Gov. Gray Davis. The bill, approved 21-7 Friday by the state’s Senate, was prompted by...
Quake Claims Bill Continues to Shake Up Industry Groups
Aug 23 2000 // On Monday, the California Assembly passed SB 1899, a bill that lifts for one year the expired statute of limitations on damage claims from the 1994 Northridge Earthquake. Both the National Association of Independent...
NON-OEM RULING QUESTIONED
Aug 21 2000 // Collision Parts Network, a Fresno auto parts distributor, filed a lawsuit asking the California Supreme Court to declare the 1999 Illinois court decision that resulted in insurers suspending their use of competitive...
State Fund Removed from Credit Watch
Aug 21 2000 // California’s largest workers’ comp carrier, State Compensation Insurance Fund (SCIF), was removed from Credit Watch status by Standard & Poor’s (S&P), which also reaffirmed the company’s...
Bill Places New Requirements on Insurance Websites
Aug 18 2000 // Calif. Governor Gray Davis signed a bill last week requiring certain information to be posted on websites for all insurance producers and companies transacting insurance with California residents. Specifically, AB 2251...
Calif. Insurers Unveil Affordable Housing Investment
Aug 16 2000 // IMPACT Community Capital, comprised of a group of California’s leading insurance companies, unveiled a first-of-its-kind pooled investment in affordable housing for communities throughout that state. In addition, it...
IBA West and State Fund Offer New Group Workers’ Comp Program
Aug 16 2000 // IBAgroupcomp is a new California group workers’ compensation insurance plan developed by IBA West and the State Compensation Insurance Fund. Designed to reduce the net cost of workers’ compensation insurance...
CDI Whistle-Blower Goes Back to Work
Aug 15 2000 // Cindy Ossias, the attorney in the California Department of Insurance (CDI) who disclosed several preliminary market conduct examinations to the Legislature, will not lose her job at the Department. Acting Insurance...
Kuhn Joins The St. Paul as Calif.’s Regional President
Aug 10 2000 // The St. Paul Companies announced that David Kuhn joined the company as regional vice president for California. He will be based in the Brea office to oversee operations in the Golden State. Prior to joining The St. Paul,...
