Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Insurers Agree to Voluntary Sanctions Against Iranian Government
May 14 2010 // California Insurance Commissioner Steve Poizner announced that 1,010 insurance companies — more than 75 percent of insurers licensed to do business in California — have agreed to forgo future investments in 50...
Lawmakers See Expanded Role for Calif. Insurance Commissioner
May 14 2010 // Two state lawmakers are the leading candidates for the Democratic nomination for California insurance commissioner, the statewide office responsible for regulating insurers at a time of great change and heightened scrutiny...
Calif. Commissioner Poizner Gains Ground in Race for Governor
May 13 2010 // California Insurance Commissioner Steve Poizner is gaining ground on his Republican opponent Meg Whitman in the primary race for state governor. With one month until votes are counted, SurveyUSA’s latest tracking...
Study: Calif. Workers’ Comp Claimants Getting Care They Want
May 12 2010 // Division of Workers’ Compensation releases latest study on access to medical care in California’s workers’ compensation system Injured workers are getting the care they need, according to a recent study...
Network Physician Use Increases in California Workers’ Comp Claims
May 11 2010 // Tthe percentage of medical services to injured workers delivered by network physicians jumped sharply immediately after Medical Provider Networks (MPNs) were introduced into the workers’ compensation system in 2005,...
Calif. Insurance Guarantee Association Could Issue Bonds to 2013
May 10 2010 // The California Senate has passed a bill to extend extend from Jan. 1, 2011, to Jan. 1, 2013, the sunset date on the authority of the California Insurance Guarantee Association (CIGA) to issue revenue bonds to pay...
Calif. To Examine Validity of Anthem’s Claims-Related Data
May 7 2010 // The California Department of Insurance (CDI) had begun an effort to assess the validity of the claims data used by Anthem Blue Cross to justify future rate filings. “As Anthem readies its new rate filing, I have...
CRC Employees in California, Illinois, Pennsylvania Resign
May 6 2010 // CRC Insurance Services Inc. (CRC) – the largest wholesale insurance broker in the United States – released a memo to its customers stating that a number of CRC employees in Illinois, California and Pennsylvania...
Louisiana Lawmakers Shelve Bill on Saints’ Workers’ Comp Issue
May 5 2010 // The Louisiana Legislature won’t be meddling any further this session in a workers’ compensation dispute between NFL players and the New Orleans Saints. The Saints had been pushing a bill to lessen its...
Court Says CalPERS May Pursue Lawsuit Against Rating Agencies
May 5 2010 // The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high”...
Calif. State Fund Revises Rate Plan; Better-Performing Accounts to Benefit
May 5 2010 // California’s State Compensation Insurance Fund announced it will not be filing a mid-year rate increase. Instead, the workers’ compensation insurance provider said it will revise its rating plan to provide...
Foremost Insurance Updates Dwelling Fire Program in California
May 4 2010 // Foremost Insurance Group has updated its dwelling fire program in California. Foremost is targeting standard and preferred landlord customers with new, larger discounts. It also lowered rates on vacant homes by an average...
Conservator Appointed to Manage Contractor’s Access Program of Calif.
May 4 2010 // California’s Department of Industrial Relations (DIR) has appointed Bickmore Risk Services and Consulting as conservator for the Contractor’s Access Program of California (CAP), which is a self-insured group...
California Earthquake Fault Activity Map Shows 50 Additional Fault Lines
May 3 2010 // California geology officials have released an updated state seismic activity map that they hope will improve earthquake preparedness and construction decisions.The map, which had not been updated since 1994, includes more...
Calif. Finds Error in Anthem Blue Cross Rate Filing, Rate Filing Withdrawn
Apr 30 2010 // The California Department of Insurance announced it has uncovered substantial errors in Anthem Blue Cross’ January rate filing, causing the company to withdraw the filing. In January, the company filed for a rate...
California Contractors Self-Insured Group Closes
Apr 30 2010 // The California Office of Self-Insured Plans is revoking the certificate of the Contractors Access Program of California (CAP), a self-insured group of contractors, as requested by the group. According to OSIP spokeswoman...
IOA Insurance Services Adds 7 Producers in California
Apr 30 2010 // Florida based Insurance Office of America has added seven new producers. Barry Nordstrom and David Mohn join IOA’s San Diego operation. Nordstrom and his team specialize in the insurance and risk management needs of...
Calif. Workers’ Comp Premiums Not Affected By Rating Formula Changes
Apr 29 2010 // A recent report by the Workers Compensation Insurance Rating Bureau of California indicates that total statewide pur premium generated after application of 2010 workers’ compensation experience modifications has not...
Employers Direct Relaunched as PacificComp to Work With Independent Agents
Apr 28 2010 // Agoura Hills, Calif.-based Pacific Compensation Insurance Co. (PacificComp), formerly Employers Direct Insurance Co., has relaunched its business with a new name and transformation from a direct writer of workers’...
California Wants to Impose Insurance Surcharge to Develop Emergency Fund
Apr 27 2010 // The California Senate Banking, Finance and Insurance Committee has passed a bill that, among other things, would impose a surcharge of 4.8 percent on commercial and residential fire and multiperil insurance policies to...
