Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
FPIC Announces Affiliation with NAS Insurance Services of Calif.
May 9 2001 // Florida Physicians Insurance Company, Inc. (FPIC), a provider of professional liability insurance for physicians, dentists, and other healthcare providers, announced an affiliation with NAS Insurance Services, Inc. (NAS),...
Calif. State Comp Insurance Fund Rating Lowered, Off WatchNeg
May 8 2001 // Standard & Poor’s (S&P) removed from CreditWatch and lowered its counterparty credit and financial strength ratings on the California State Compensation Insurance Fund from “A” to...
Calif. Jockey Arrested for Insurance Fraud
May 8 2001 // Investigators for the California Department of Insurance (CDI) Investigators arrested a Santa Ana, Calif. resident Carlos Cristo, 31, on charges of insurance fraud. Cristo, arrested at his residence pursuant to an arrest...
Garamendi Plans to Recapture Calif. Commissioner Post
May 7 2001 // John Garamendi, who became California’s first elected insurance commissioner a little more than a decade ago, recently announced that he wants his former job back when it comes up for election next year. Meantime,...
Esurance Partners with California Coast
May 1 2001 // Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance, and California Coast Credit Union, one of San Diego’s largest credit unions, announced a partnership to provide its...
CDI RECEIVES CONSERVATION ORDER FOR ALISTAR
Apr 29 2001 // The California Department of Insurance (CDI) applied for and was granted a Conservation Order April 11 in Fresno County Superior Court for Alistar Insurance Company. The CDI has been working with the company in the past...
AIA FILES APPEAL WITH CALIF BOE ON TAX
Apr 29 2001 // The American Insurance Association (AIA), American International Companies and Liberty Mutual Insurance Company have filed an appeal with the California Board of Equalization (BOE), the state’s highest tax policy...
CALIF. COMMITTEE APPROVES LOW-COST AUTO LEGISLATION
Apr 29 2001 // A California insurance committee has approved legislation that would indefinitely extend the state’s experimental low cost auto insurance program and could drive up the number of underinsured motorists, according to...
Philadelphia Resident Caught in Auto Fraud Scheme
Apr 29 2001 // The CDI announced the arrest of John Martin by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued in Orange Superior County Superior Court in response to two felony charges filed by the...
Garamendi Looks to Regain Insurance Post
Apr 28 2001 // The second time might actually be the charm for California’s first elected Insurance Commissioner John Garamendi. Garamendi, who served as Commissioner from 1990-’94 before leaving the post to make a bid for...
IIAA Names New Executive V.P. and General Counsel
Apr 25 2001 // Independent Insurance Agents of America President William F. Hofmann III announced Debra L. Perkins as the new executive vice president and general counsel of IIAA. Perkins, former IIAA senior vice president and a general...
CDI Sinks Plans for Unlicensed Marine Agencies
Apr 23 2001 // Four entities and three individuals have run aground of the law when it comes to selling marine policies in the State of California. The California Department of Insurance (CDI) issued a Cease and Desist Order on March 30...
Anxiety Over Foot-and-Mouth Creates Upswing in Coverage Inquiries
Apr 23 2001 // Parts of Europe continue to be ravaged by two devastating livestock diseases: foot-and-mouth disease (FMD), or hoof-and-mouth; and bovine spongiform encephalopathy (BSE), also known as “mad cow” disease. In the...
Anxiety Over Foot-and-Mouth Creates Upswing in Coverage Inquiries
Apr 20 2001 // Parts of Europe continue to be ravaged by two devastating livestock diseases: foot-and-mouth disease (FMD), or hoof-and-mouth; and bovine spongiform encephalopathy (BSE), also known as “mad cow” disease. In the...
Opposition to Assembly Bill 21
Apr 18 2001 // {The California Assembly Banking and Finance Committee held a hearing regarding Assembly Bill 21 on Monday, April 16, 2001. Assembly Bill 21 is a privacy bill, which would establish a general “opt-out” rule for...
CDI Revokes Insurance License of San Diego Agent
Apr 12 2001 // California Insurance Commissioner Harry W. Low issued an Order of Summary Revocation dated April 5, 2001, revoking the insurance license of Allen Prasky. The revocation becomes effective May 5, 2001. On March 14, 2001, in...
InsuranceNoodle Hires Account Manager for Southwest Region
Apr 11 2001 // Allison Granata has recently joined InsuranceNoodle as the senior account manager for the company’s Southwest region, which includes Southern California, Arizona and Nevada. Granata will be responsible for...
S&P Lowers PAULA Insurance Co FSR to ‘CCCpi’
Apr 11 2001 // Standard & Poor’s lowered its financial strength rating on PAULA Insurance Co. to triple-‘Cpi’ from single-‘Bpi’. The rating action reflects the company’s deteriorating surplus,...
AAA California Affiliate Enters Financial
Apr 10 2001 // In an effort to increase the value of its membership, AAA of Northern California will now provide a wide array of financial services to its four million members. These new benefits include: new auto loans; used auto loans;...
San Francisco Viatical Broker Indicted for Fraud
Apr 9 2001 // California Insurance Commissioner Harry W. Low announced the filing of felony charges against a San Francisco area viatical broker. The charges are the result of an ongoing joint investigation by the California Department...
