Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
Access General To Hold DirecNET Training Seminars in Southern California
Oct 12 2000 // Access General recently announced it will be holding training sessions in Southern California for its DirecNET program. The seminars will take place during the week of Nov. 6. Invitations will be sent to its “Premier...
Southern Calif. Agent Scam Ring Investigated
Oct 9 2000 // A network of insurance agents is under investigation for allegedly taking more than $1 million from 200 Southern California senior citizens, according to a Los Angeles Times report. The alleged scam involved the sale of...
Anchor General Chooses to Outsource IDP for Bureau Reporting
Oct 5 2000 // San Diego-based Anchor General Insurance Agency Inc. signed a two-year contract with Insurance Data Processing Inc. (IDP) of Wyncote, Pa., to perform ISO bureau reporting services and to assist with California-specific SAP...
Slave Insurance Probes Launched in California
Oct 5 2000 // A new California law passed this session and signed last weekend, has given California Insurance Commissioner Harry Low the authority to ask all insurers in the state to produce details of slave policies issued in the...
Governor Signs Quake Legislation, Associations Voice Disappointment
Oct 3 2000 // As crunch time approached for acting on legislation, SB 1899, considered one of several high-profile insurance measures of this year’s legislative session, received California Gov. Gray Davis’ signature. Both...
Brown & Brown Acquires Calabasas Agency
Oct 3 2000 // J. Hyatt Brown, chairman, president and CEO of Brown & Brown,Inc. and Vincent Lee Lopez, Principal of DSD Insurance Agency, of Calabasas, California, today announced the acquisition of DSD Insurance Agency by Brown...
Calif. Workers’ Comp Medical Costs Soar to a Record High
Oct 2 2000 // California workers’ compensation medical costs soared to a record $3.6 billion last year, an increase of more than $1.5 billion since 1994, according to the California Workers’ Compensation Institute’s...
Mold Claims Create a New Frontier in Constuction Defect Litigation
Oct 2 2000 // Mold. An extremely common organism, it’s found in veritably every home and building. Now it’s at the center of what could become one of the fastest growing areas of both construction defect litigation and toxic...
Calif. Sits on Epicenter of National Quake Survey
Oct 2 2000 // According to the first national survey of earthquake risks, 75 percent of all losses are expected to occur in California. But quakes are not a problem for just the Golden State, as the study shows that other areas of the...
