Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Stockton, California Set for Bankruptcy Hearing; Bond Insurer Vows Fight
Jul 3 2012 // Lawyers for Stockton, California will appear for the first time in a Sacramento court this week to make their case for protecting the city from its creditors in bankruptcy. Stockton, a city of nearly 300,000 in...
Alternative Security Puts $6.17B Back Into Calif. Businesses
Jul 2 2012 // Department of Industrial Relations Director Christine Baker on Monday approved implementation of the 2012/2013 Alternative Security Program, freeing $6.17 billion in capital and giving self-insured California businesses...
State Fund Files First Tiered Rating Plan
Jul 2 2012 // State Compensation Insurance Fund has filed its first tiered rating plan with the California Department of Insurance. The plan, which would apply to policies renewing or incepting on or after Sept. 1, is a move to expand...
Report: Vehicle Theft Falls, California Still Dominates Top 10 List
Jul 2 2012 // The National Insurance Crime Bureau reported 2011 is on track for another consecutive year of declining vehicle thefts, but California still dominates the top 10 list for areas highest auto theft rates. Seven of the top 10...
‘One Way or Another’ Agencies See Growth in Group Health
Jul 2 2012 // “One way or another.” Is that the best way to describe a sound investment strategy nowadays? Yes. If you’re talking about the growing number of agencies investing in group health benefits...
Consumer Watchdog Failure Could Help Auto Discount Initiative
Jun 29 2012 // Santa Monica, Calif.-based Consumer Watchdog’s proposed ballot measure to require health insurance companies to get approval before raising their rates narrowly missed qualifying for November’s ballot by...
Stockton, California’s Insured Debt Proves Alluring
Jun 29 2012 // About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday. Stockton, a city of nearly...
Jones Praises Supreme Court, Calls for Health Rate Reviews
Jun 28 2012 // California Insurance Commissioner Dave Jones praised the U.S. Supreme Court’s decision on Thursday to uphold the Affordable Care Act – and he took the opportunity to state his support for health rate hike reviews...
Western Security Surplus Launches Admitted Bar, Restaurant Program in Calif.
Jun 26 2012 // Western Security Surplus Insurance Brokers has launched a bar, tavern and restaurant program in California. This is a brand new program in the California market, offering businesses products with access to an A- X rated,...
Customer Satisfaction with Auto Insurers at New High: J.D. Powers
Jun 26 2012 // Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the J.D. Power and Associates 2012 U.S. Auto Insurance Study. The satisfaction rate was driven primarily by increases...
State Fund Files First Tiered Rating Plan
Jun 21 2012 // State Compensation Insurance Fund has filed its first tiered rating plan with the California Department of Insurance. The plan, which would apply to policies renewing or incepting on or after Sept. 1, is a move to expand...
CDI Gives $32 Million to Fight Workers’ Comp Fraud
Jun 21 2012 // The California Department of Insurance will distribute $32 million in grants to district attorneys in California to support efforts to investigate and prosecute workers’ compensation insurance fraud. Every year, the...
Assembly Insurance Committee Gives Thumbs Up To Spinal Implant Bill
Jun 20 2012 // The Assembly Insurance Committee unanimously approved closing a loophole in the law that allows double billing for surgical implants in California workers’ compensation cases. Senate Bill 959, authored by Ted Lieu,...
Report: Vehicle Theft Falls, California Still Dominates Top 10 List
Jun 20 2012 // The National Insurance Crime Bureau reported 2011 is on track for another consecutive year of declining vehicle thefts, but California still dominates the top 10 list for areas highest auto theft rates. Seven of the top 10...
Southern California Jurors Award $4.5M After Teacher Molest
Jun 20 2012 // San Diego County, Calif. jurors have awarded two girls $4.5 million because they were molested by their Carlsbad elementary school teacher. The North County Times says jurors also ruled unanimously Monday that the Carlsbad...
Nuclear Plant Problems Continue at Socal Facility
Jun 19 2012 // After months of investigation, federal regulators have determined that design flaws appear to be the cause of excessive wear in tubing that carries radioactive water through California’s troubled San Onofre nuclear...
Study: Spinal Implant Loophole Costs Calif. Workers’ Comp $67M
Jun 18 2012 // Workers’ compensation medical costs in California were boosted by nearly $67.5 million in 2010 due to loophole in the law that allows double billing for surgical implants, according to a study released earlier this...
Outlook Is Cautious As Some States See Major Construction Projects
Jun 18 2012 // Apartment Communities May Be Key to Revival The overall construction industry appears to be making a recovery, albeit, a very slow one. Industry watchers say the outlook is better for big utility and public works...
Alliant Gets Favorable California Rulings in Aon Litigation
Jun 15 2012 // Newport Beach, Calif.-based Alliant Insurance Services got favorable rulings from a U.S. District Court in California in its litigation against Aon Corp. and its subsidiaries. In June 2011, Alliant joined with former Aon...
Second Member of Alleged Auto Theft Crime Family Nabbed
Jun 14 2012 // Louis Miller, 55, has been arrested on felony charges related to an organized automobile theft ring that was operating in Northern California’s Bay Area. Miller’s bail has been set at $1 million. If convicted...
