Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Armed & Ready to Outsell the Competition
Oct 20 2008 // West Coast’s Interwest Insurance Services Remains Militant on Sales Top 100 Agency Profile Ranking: 12 Agency Name: InterWest Insurance Services Inc. Headquarters: Sacramento, Calif. Year Founded: 1992 Additional...
Surplus Lines Association of California Increases Stamping Fee
Oct 17 2008 // The Surplus Lines Association of California Executive Committee and the Stamping Committee has approved an increase in the stamping free from 0.125 percent to 0.225 percent, effective Jan. 1, 2009. All new policies,...
California Reminds Fire Evacuees of Additional Living Expenses Coverage
Oct 16 2008 // California Insurance Commissioner Steve Poizner is reminding residents who have been evacuated from fire zones in Southern California that they may be eligible for reimbursement for additional living expenses due to...
Confie Seguros Acquires Alamo Auto Insurance Group
Oct 16 2008 // Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired auto insurance brokerage Alamo Auto Insurance. The acquisition of San Antonio-based Alamo expands Confie...
Aon Selling Auto Insurance Broker in California to Mercury General
Oct 15 2008 // Mercury Casualty Co., the largest insurance subsidiary of Los Angeles-based Mercury General Corp., has agreed to buy Auto Insurance Specialists Inc. from Aon Corp. AIS is an independent broker and major producer of...
Public School Officials Can Be Liable for Not Responding to Harassment Claims
Oct 15 2008 // A California school district could be liable for damages for an inadequate response to peer sexual orientation harassment suffered by students on campus, the California Court of Appeal has ruled. According to Megan Donovan...
AIR Describes Hurricane Norbert’s Passage over Baja California, Mexico
Oct 13 2008 // AIR Worldwide’s latest bulletin on Pacific Ocean Hurricane Norbert traces the storm’s passage over the southern Baja Peninsula, the Gulf of California, and its eventual landfall on the west coast of Mexico....
California Agents Alliance Offers Errors & Omissions Program
Oct 10 2008 // The Alliance of Insurance Agents & Brokers is offering a new errors and omissions program for its members. The program offers rates as low as $1,500 per year, broad coverage and various options through the American...
Hurricane Norbert Threatens Baja California
Oct 9 2008 // The most recent bulletin from Miami’s National Hurricane Center warns that Hurricane Norbert is now threatening “the Southern Baja California peninsula.” Maximum sustained winds are near 135 mph (215...
Drug Stayed on Hospital Shelves Despite Recall
Oct 8 2008 // Nearly 100 pharmacists and the hospitals they work for face fines for failing to remove a blood thinner from their shelves after a federal recall last winter, a California state agency said. The recalled drug heparin was...
Ironshore Specialty Insurance Becomes Surplus Lines Insurer in California
Oct 6 2008 // The California Department of Insurance has added Ironshore Specialty Insurance Co. (ISIC) to its List of Eligible Surplus Lines Insurers (LESLI listing). ISIC will provide specialty commercial insurance coverages on an...
California Governor Signs Agent-Broker Bill
Oct 6 2008 // California Gov. Arnold Schwarzenegger has signed Assembly Bill 2956, clarifying the duties of an agent versus those of a broker. The bill, Insurance Brokers and Agents of the West explained, establishes four situations in...
Non-Compete Agreements: Are They Enforceable?
Oct 6 2008 // Non-Competition Agreements in the Wake of Edwards v. Arthur Anderson In Edwards v. Arthur Anderson LLP (2008) 44 Cal. 4th 937, the California Supreme Court addressed the scope of the statutory ban on non-competition...
Business Moves
Oct 6 2008 // Arthur J. Gallagher & Co., California Insurance Center Arthur J. Gallagher & Co. acquired California Insurance Center Inc. of Lafayette, Calif. Terms of the transaction were not disclosed. Founded in 1929,...
People
Oct 6 2008 // Erie Insurance Group named Terrence W. Cavanaugh president and CEO, and an elected member of the firm’s board of directors. Cavanaugh joins Erie from Chubb Corp. where he most recently was senior vice president and...
Calif. Insurance Commissioner Considers 2010 Bid
Oct 6 2008 // California Insurance Commissioner Steve Poizner took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed papers with the Secretary of State’s office to form an exploratory...
ID Theft Insurance: Oasis or Mirage?
Oct 6 2008 // Is It Worth Recommending to Valued Agency Clients? A client concerned about identity theft might consider moving to the Dakotas. It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and...
California State Fund Names Five Management Appointments
Oct 2 2008 // California’s State Compensation Insurance Fund announced five executive appointments – chief operating officer, general counsel, chief risk officer, chief financial officer and chief information officer. The...
California Governor Vetoes Workers’ Comp Legislation
Oct 2 2008 // California Gov. Arnold Schwarzenegger has vetoed three bills he said would have interfered with the state’s workers’ compensation system. SB 1115 Permanent Disability Apportionment would have prohibited...
California Agents Alliance Launches George Joseph Educational Foundation
Oct 1 2008 // The Alliance of Insurance Agents and Brokers has created the George Joseph Educational Foundation to support insurance training for association members, provide educational scholarships for the next generation of insurance...
