Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Mercury Insurance Chairman: Independent Agents Will Always Have Future
Feb 5 2009 // Despite the seemingly difficult times independent insurance agents may be facing today, they will always have a future, according to George Joseph, chairman and founder of Mercury Insurance, considered one of the most...
Western Insurance Agent/Broker Association Installs New Officers
Feb 4 2009 // Insurance Brokers and Agents of the West (IBA West) CEO Clark Payan recently installed the associations new officers and directors. Following will serve in 2009. President Richard E. Dinger of Crescenta Valley Insurance,...
Union General Offers Market for Day Care Centers in California
Feb 2 2009 // Available to California agents, Union General Insurance of Concord, Calif., has an “A+” rated carrier offering coverage for all types of day care operations, including sick care, drop-in care, and latch key...
Armitage Awarded Insurance Broker/Agent Association’s Ramsden/Sullivan Award
Feb 2 2009 // The Ramsden/Sullivan Memorial Award, Insurance Brokers and Agents of the West’s most prestigious award, was presented to James T. Armitage at the 2009 IBA West Annual Meeting & Installation Luncheon in Glendale,...
California Reduces Licensing Fee for Insurance Agents, Brokers, Adjusters
Jan 28 2009 // California Insurance Commissioner Steve Poizner announced a number of fee reductions resulting in $10.3 million in annual savings, including a 6 percent fee reduction for more than 300,000 licensed insurance agents,...
California Insurance Wholesalers Honor Sullivan Group’s Haldeman
Jan 28 2009 // The California Insurance Wholesalers Association has awarded Hank Haldeman its receipient of the 2008 Industry Achievement Award. The award was given in appreciation of Haldeman’s outstanding dedication and hard work...
Study: Southern California Could be Overdue for Earthquake
Jan 28 2009 // Southern California could be overdue for a powerful earthquake along the notorious San Andreas fault line, according to a new study. New research to be published and carried out by scientists at the University of...
Lobbyist, Committee Consultant Joins California Insurance Association Staff
Jan 26 2009 // Mark Sektnan, a veteran Sacramento, Calif., lobbyist and committee consultant, joined The Association of California Insurance Companies’ (ACIC) staff as vice president with primary responsibility for advocacy of...
California Appeals Court Reverses Pollution Liability Decision
Jan 25 2009 // The 4th District of the California Court of Appeals has reversed a lower court decision in a pollution liability case, State of California v. Continental Insurance Co. et al. The decision is likely to influence courts...
Duty to Defend Greater than Duty to Indemnify
Jan 25 2009 // A Subcontractor’s Contractual Obligation to Defend Exists Regardless of Negligence A July 2008 decision on a piece of litigation in the California Supreme Court affirmed the duty to defend concept as being greater...
California AG Sues Operators and Pilot for San Francisco Bay Oil Spill
Jan 22 2009 // California Attorney General Edmund G. Brown Jr. has filed a lawsuit on behalf of the California Department of Fish and Game Office of Spill Prevention and Response, State Lands Commission and State Water Boards against the...
California Insurance Commissioner Seeks Disability Changes
Jan 21 2009 // For the second time in two months, Insurance Commissioner Steve Poizner is being accused by his predecessor, Lt. Gov. John Garamendi, of proposing regulation changes that will weaken consumer protections. The latest...
Schwarzenegger Makes Three Workers’ Comp Insurance Appointments
Jan 21 2009 // California Gov. Arnold Schwarzenegger announced three workers’ compensation insurance-related appointments: Greg Aghazarian, Daniel Curtin and Steven Rank. Aghazarian, 44, of Stockton, has been appointed to the...
New York’s NIF Group Acquires California’s HDR
Jan 16 2009 // Manhasset, New York-based specialty insurance firm NIF Group has acquired HDR Insurance Services of Sacramento, California. HDR specializes in providing innovative programs for independent agents. HDR will continue to...
California Insurance Department Cuts Operating Budget 10%
Jan 14 2009 // California Insurance Commissioner Steve Poizner announced he will permanently reduce the size of the Department of Insurance’s discretionary budget by 10 percent. “When I took office, CDI had a multi-million...
Markel Acquires California’s Child Welfare Insurance Services
Jan 14 2009 // Markel Insurance Co. has acquired the property and casualty insurance renewal rights of Child Welfare Insurance Services effective Dec. 31, 2008. Rhonda Sciortino, founder and chief executive officer of Child Welfare...
California Wildfires May Take Longer to Settle
Jan 11 2009 // Industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires that burned Southern California in mid-November will range from $600 million to $800 million, as of estimates gathered in early...
New California Licensing Laws Take Effect
Jan 11 2009 // The California Department of Insurance is reminding producers of new licensing laws that took effect Jan. 1, 2009, as a result of the passage of Assembly Bill 2044. Several changes resulted from the bill, including many...
Actual Cash Value Versus Replacement Cost Value
Jan 11 2009 // Navigating the Valuation Quagmire As the saying goes, the devil is in the details. And insurance agents would be wise to explain the differences between actual cash value (ACV) and replacement cost value (RCV) to...
Surplus Line Association of California Stamping Office Celebrates 70 Years
Jan 11 2009 // The Surplus Line Association of California’s Stamping Office is celebrating its 70th anniversary. On Dec. 1, 1938, then California Insurance Commissioner Rex B. Goodcell and Assistant Commissioner Harold B. Haas...
