Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Low-Income Car Insurance Pilot Program Launches Tomorrow
Jun 30 2000 // A plan geared to reduce the number of uninsured motorists in Los Angeles and San Francisco will begin Saturday, with civic leaders nationwide watching closely to see if it might work in their communities. The program,...
Calif. Commissioner Quackenbush Resigns; Attorney General to Continue
Jun 29 2000 // California Insurance Commissioner Chuck Quackenbush resigned Wednesday after months of accusations that he used millions of dollars from an earthquake fund established by his office to further his political career. He was...
Zurich U.S. Announces Changes to Surplus Line Brokerage in California
Jun 28 2000 // Zurich E&S Insurance Brokerage Inc. replaced Glendale Specialty Risk Insurance Services Inc. as its wholesale surplus lines brokerage facility in California. The change went into effect on June 15. The office will...
Calif. Earthquake Authority to Fund Research Project
Jun 27 2000 // The Governing Board of the California Earthquake Authority gave its approval to a $300,000 research project aimed at providing new guidelines for the earthquake insurance claim process, as well as improving repairs to...
AB 481 To Go Before Calif. Senate Ins. Committee
Jun 27 2000 // Assembly Bill 481, scheduled to be heard before the Senate Insurance Committee on June 28, would require the Commissioner to include a restitution to policyholders in every settlement with the Department where the...
Free CE Credit Courses Can Benefit Both Wholesalers & Producers
Jun 26 2000 // Some California wholesalers have discovered a new marketing tool: offering continuing education seminars to their producers. While many such seminars have traditionally been in rented spaces in hotels, banquet rooms and...
INSURING THE UNINSURED
Jun 26 2000 // California legislators hope to reduce the number of uninsured motorists in Los Angeles and San Francisco by offering low-income residents a streamlined auto insurance policy at a discounted price. The pilot program,...
Calif. Judge Reconsiders Confidentiality Breach
Jun 23 2000 // A California Superior Court judge decided Wednesday to reconsider arguments in the Department of Insurance’s case to protect confidential market conduct exams released last year by the Senate. Sacramento Superior...
Calif. Judge Orders Quake Insurance Foundation Shut
Jun 22 2000 // A California judge has frozen the assets of the California Research and Assistance Fund until lawsuits on its disposition are resolved. Affirming an earlier tentative ruling, Sacramento Superior Judge John Lewis granted...
Calif. Assembly Judiciary Committee Considers Quake Bill
Jun 21 2000 // June 21, 2000 9:15 a.m. CDT The California Assembly Judiciary Committee was scheduled to hear SB 1899 yesterday. The bill, sponsored by Senator John Burton, D-San Francisco, would reopen (for one year from the enactment of...
People’s Veto Receives Approval to Attempt to Oust Quackenbush
Jun 20 2000 // A group accusing California Insurance Commissioner Chuck Quackenbush of misspending earthquake settlement money posted recall petitions Monday on the Internet seeking to force the commissioner from office. The group,...
Little Quakes Shaking Southern California
Jun 16 2000 // Imperial County, Calif., residents felt more than three dozen earthquakes on June 14, with magnitudes ranging up to 4.3. The first quake hit about seven miles northeast of El Centro with a preliminary magnitude of 4.2. It...
Colonial Now Offers Southern Californians Opportunity to Shop for Auto Policies Online
Jun 15 2000 // Colonial Services Insurance Agency recently launched its web site, www.insurance4california.com, giving Southern California residents the chance to shop for—as well as purchase—automobile insurance policies...
Quackenbush Sued by Calif. Residents
Jun 15 2000 // Two Los Angeles resident have filed suit against California Insurance Commissioner Chuck Quackenbush, asking for the repayment of $13 million they claim the commissioner misappropriated in settlements with insurance...
Quake Authority Looks to Develop a Five-Year Strategic Plan
Jun 12 2000 // After the Northridge earthquake rumbled through California on Jan. 17, 1994, destroying or damaging more than 200,000 homes, injuring 12,000 people and killing 60, and damaging or leaving uninhabitable 114,000 buildings,...
BEST WARY OF CALIF. W/C: A.M.
Jun 12 2000 // Best Co.’s year-end review of carriers with concentrated exposure to the volatile California workers’ comp market culminated in the downgrades of State Compensation Insurance Fund of California, Zenith National...
Quake Bills Could Create Shaky Ground for Insurers
Jun 12 2000 // On May 24, the California Senate passed SB 1899 despite opposition from industry groups. The bill, sponsored by Senator John Burton (D-San Francisco), has been referred to the Assembly Judiciary Committee for further...
Natural Disaster Reform Legislation Reaches a Turning Point
Jun 12 2000 // Nobody likes to lose their shirt, least of all insurers. So it’s no surprise that, following the huge losses caused by natural disasters in the past few years, insurers have bolted from the homeowners market, leaving...
Calif. Senate Insurance Committee Withdraws Subpoena
Jun 9 2000 // The Association of California Insurance Companies (ACIC) and the National Association of Independent Insurers (NAII) announced that the Senate Insurance Committee had agreed to withdraw a subpoena issued to Insurance...
Bankers Enters California Homeowners Market
Jun 8 2000 // Florida-based Bankers Insurance Company was recently approved to write homeowners policies in California. Doing business in the Golden State is nothing new for Bankers. As the country’s second largest flood carrier...
