Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Commissioner Questions Workers’ Comp Increase
Oct 7 2009 // California Insurance Commissioner Steve Poizner is indicating that he may not support the state Workers’ Compensation Insurance Rating Bureau’s (WCIRB) request to increase the Workers Compensation Cost Claims...
California’s Woodruff-Sawyer Buys Western D&O from Carpenter Moore
Oct 6 2009 // California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company. The Western region direct practice, based in...
California Workers’ Comp Group Expands to Country Clubs
Oct 6 2009 // Spurred by new member growth in September, the California Restaurant Mutual Benefit Corporation (CRMBC) has eclipsed the $1.3 billion covered payroll mark. California’s largest self-insured group (SIG) says it now...
Cooler Temperatures Aid California Fire Crews
Oct 6 2009 // Cooling temperatures and higher humidity on Monday gave firefighters some welcome relief as they waged an ongoing assault against a wildfire that had burned to the edges of a popular resort town in the San Gabriel...
California Environmental Extremist Arrested for 2006 Arson
Oct 5 2009 // Three years after the discovery of a failed incendiary device at a suburban Pasadena real estate construction site, FBI agents have used DNA analysis to arrest a man in Texas in a case they believe may involve...
Fire in Southern California Destroys Three Residences
Oct 5 2009 // A fire driven by winds of more than 40 mph destroyed three homes and threatened dozens of others in a rugged warren of mountains and canyons northeast of San Bernardino on Saturday. As a huge wall of flames chewed through...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Oct 5 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Oct 5 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
Poizner Urges No Iranian Investments by Insurers
Oct 5 2009 // Just days ahead of Iranian President Mahmoud Ahmadinejad’s recent address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to...
Health Rates Rose Fast in West
Oct 5 2009 // Family health care premiums rose an estimated three to five times faster than earnings for workers in Western states from 2000 through 2009, according to a report issued by the consumer health organization Families USA. In...
California Fires Renew Push for National Arson Registry
Oct 5 2009 // The deadly fire at Angeles National Forest is renewing a push from California lawmakers for a national registry of convicted arsonists. Democratic Sens. Barbara Boxer and Dianne Feinstein have filed legislation that would...
California Firm Seeks Dismissal of $70 Million in Workers’ Comp Charges
Oct 5 2009 // As part an agreement to resolve criminal charges, Premier Medical Management Systems Inc. of Los Angeles is asking a California Workers’ Compensation Appeals Board judge to dismiss an estimated $70 million of medical...
Declarations
Oct 5 2009 // Real Stuff “When the bubble burst, however, those risky mortgages defaulted in record numbers and investors were left holding worthless securities, unable to sell them. Subsequently, the agencies downgraded the...
Not Business As Usual: AIG to Hold Low Cost Conference for Financial Advisers
Oct 2 2009 // American International Group Inc. is again hosting some of the top U.S. financial advisers and says that this time, the gathering at a California resort will cost it just $30,000. The insurer, sharply criticized for...
Earthquake Shakes Central California
Oct 2 2009 // A series of earthquakes _ the largest a magnitude-5.1 _ have rattled the Lone Pine area of the eastern Sierra in Central California. The largest struck about 18 miles southeast of the town of Lone Pine along the east shore...
Investigated California Medical Firm Forgoes $70M Workers Comp Claims
Oct 1 2009 // A Southern California medical management company accused of fraudulent workers’ compensation-related billing has dismissed $70 million worth of filed claims, the largest workers’ compensation mass dismissal of...
California Workers’ Comp CEO Frank Praised at Departure
Oct 1 2009 // The news that Janet D. Frank was leaving her position as CEO of California’s State Compensation Insurance Fund occurred during a meeting of the board of directors of the California Workers’ Compensation...
California’s Golden Bear Insurance Hires Smith as Vice President
Oct 1 2009 // Golden Bear Insurance Co. welcomes Todd Smith as vice president of its newly opened property underwriting office in the Flatiron Building located in San Francisco’s financial district. Prior to assuming his new...
California Agent Pleads to Investment Scam
Oct 1 2009 // A Southern California insurance salesman accused of blowing investors’ money on sports cars, a mistress and real estate has pleaded guilty to federal fraud and money-laundering charges. James R. Halstead entered the...
ClearSide General Agency Opens for Automobile Business in California
Oct 1 2009 // A new managing general agency named ClearSide General has opened in California, specializing in personal lines automobile programs. The new agency was started with the aim of servicing “the needs of the broker...
