Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Insurers Divest Nearly $400M in Iran-Related Assets
Jul 2 2010 // California Insurance Commissioner Steve Poizner announced that his focus on reducing the exposure of California policyholders to risky Iran-related investments resulted in insurers selling nearly one-fifth of the assets...
Auto Club of Southern Calif. Files to Offer Pay-As-You-Drive Insurance
Jun 30 2010 // The Automobile Club of Southern California has submitted an application to the state Department of Insurance to offer an insurance program that rewards California drivers who voluntarily drive fewer miles with lower auto...
California Launches Disaster Corps
Jun 28 2010 // California Gov. Arnold Schwarzenegger has launched the first-in-the-nation Disaster Corps to professionalize, standardize and coordinate trained disaster volunteers statewide. Disaster Corps volunteers will be registered...
California Violent Crime Rate Falls for Third Consecutive Year
Jun 28 2010 // California’s violent crime rate has declined 6.6 percent in the past year, according to the California Department of Justice’s annual crime report for 2009, recently released by Attorney General Edmund G. Brown...
EPIC Adds Hilbrant as Producer in Orange, Calif.
Jun 24 2010 // EPIC (Edgewood Partners Insurance Center), a retail property/casualty and employee benefits insurance brokerage, has added Jim Hilbrant as a producer in its Orange, Calif., office. His responsibilities will include the...
Calif. Temporary Disability Workers’ Comp Claim Costs Down 6.1%
Jun 22 2010 // Temporary disability outcomes in California’s $8 billion workers’ compensation system have continued to improve since the enactment of 2004 reform legislation, new research from the California Workers’...
Latin Agent Groups Growing, Starting Up, Going ‘Mainstream’
Jun 21 2010 // Florida Group Stresses Educational Offerings, Serving Non-Latin Agents Following the success of agents in Florida and California, a group of New York insurance agents has launched a new trade group for Latin insurance...
Voters Select Whitman Over Calif. Commissioner Poizner, Reject Prop. 17
Jun 21 2010 // Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance...
Court Denies Damages to Uninsured in Hot Coffee Lawsuit
Jun 21 2010 // An uninsured motorist is not entitled to recover non-economic damages for negligence, a California Court of Appeal ruled. According to Teckla Chude v. Jack in the Box Inc., Teckla Chude went through a drive through at Jack...
California Warns Against Vehicle Warranty Co.
Jun 18 2010 // California Insurance Commissioner Steve Poizner has filed a cease and desist order against two California men and several corporations for allegedly operating unlicensed insurance companies and using deceptive and illegal...
Calif. Lawmaker Edges Ahead in Insurance Commissioner Contest
Jun 18 2010 // A California lawmaker is leading the close contest to become the GOP’s nominee for California Insurance Commissioner, but the outcome is still far from certain. Assemblyman Mike Villines of Clovis was winning as of...
California Seeks Workers’ Comp Claims E-Filers
Jun 16 2010 // California’s Division of Workers’ Compensation (DWC) is seeking more participants for its e-forms trial, which allows filers to electronically submit forms and documents directly into its Electronic...
Court Rules in Favor of Calif. State Compensation Workers
Jun 15 2010 // About 7,900 employees of California’s State Compensation Insurance Fund are entitled to back pay after a state appeals court ruled in their favor over furloughs. The First District Court of Appeal in San Francisco...
Voters Select Whitman Over Calif. Commissioner Poizner, Reject Prop. 17
Jun 9 2010 // Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance...
California Workers’ Comp Premium Down Nearly 10%
Jun 8 2010 // California workers’ compensation total direct written premium (DWP) fell nearly 10 percent last year, dropping to a nine-year low of $6.9 billion, according to market share data from the National Association of...
Drop in Calif. Weekly Wage Means No Change in Some Workers’ Comp Benefits
Jun 7 2010 // There will be no change in minimum and maximum temporary total disability (TTD) and permanent total disability (PTD) rates for 2011 work injuries, or in several other workers’ compensation benefits that are tied to...
Business Moves
Jun 7 2010 // Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance...
California Workers’ Compensation Insurance Market More Lucrative
Jun 7 2010 // Prices are improving in the California workers’ compensation insurance market – at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President...
Calif. Agents Could Face New CE Requirements
Jun 7 2010 // Agents, Insurer Groups Discuss Homeowners Replacement Cost Regulations California insurance agents and producers may face new continuing education requirements on estimating replacement value on homeowners insurance. The...
What Agencies Should Do When Key Employees Leave
Jun 7 2010 // Protecting Trade Secrets, Confidential Agency Information Critical, Attorney Hirshfeld Says The insurance industry is a highly competitive market, even when it comes to its work force. There’s a shortage of highly...
