Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Wells Fargo Insurance Adds Boring As Sales Executive in Southern California
Sep 30 2008 // Wells Fargo Insurance Services Inc. has added Alan Boring as a senior vice president and sales executive in the Southern California region. Boring will specialize in upper middle market and large risk management accounts,...
California Offers Protections for Seniors
Sep 30 2008 // California Gov. Arnold Schwarzenegger has signed AB 2150 by Assemblymember Patty Berg that helps protect consumers by preventing the financial abuse of seniors. AB 2150 provides that insurance agents and brokers may not...
California Department of Insurance Recognized for Information Technology Improvement
Sep 29 2008 // The National Association of Chief Information Officers (NASCIO) has awarded the California Department of Insurance third place in the 2008 Recognition Awards for Outstanding Achievement in the Field of Information...
Consumer Groups Urge California to Approve Auto Repair Fraud Legislation
Sep 29 2008 // The Center for Auto Safety, Consumer Action and Consumers Union are united in urging California Gov. Arnold Schwarzenegger to sign Assembly Bill AB 2825, designed to protect motorists from auto body repair fraud. The...
California Workers’ Comp Insurance Rating Bureau Reports Q2 Results
Sep 26 2008 // The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its summary of the second quarter insurer results, which ended June 30, 2008. The report lists the following...
California Approves Legislation To Transform Workers’ Comp Insurer
Sep 26 2008 // Calif. Gov. Arnold Schwarzenegger has signed legislation to help transform the Golden State’s workers’ compensation insurer, the State Compensation Insurance Fund. Assembly Bill 1874 and Senate Bill 1145 are an...
California Can Issue Fines for Insurance Code Violations
Sep 26 2008 // California Gov. Arnold Schwarzenegger has signed a bill establishing a citation program for minor violations of the Insurance Code. Assembly Bill 2044 by Assemblyman Michael Duvall, R-Yorba Linda, “creates a new way...
California Governor Signs Agent-Broker Bill
Sep 26 2008 // With a Tuesday, Sept. 30, 2008, deadline to sign or veto bills fast approaching in Califorrnia, Gov. Arnold Schwarzenegger has taken action on several bills this week. Perhaps most notable to insurance agents is AB 2956,...
California Bans Texting While Driving
Sep 25 2008 // California Gov. Arnold Schwarzenegger reinforced his commitment to keeping California’s roads safe by signing legislation that prohibits drivers from using text messaging devices while operating a motor...
Confie Seguros Acquires West Coast Auto Insurance Services
Sep 24 2008 // Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired auto insurance brokerage West Coast Auto Insurance Services. The acquisition broadens Confie Seguros’ presence...
California Commissioner Proposes Pay-As-You-Drive Regulations
Sep 22 2008 // California Insurance Commissioner Steve Poizner has proposed regulations that would make a green auto insurance option available for California consumers. If implemented, pay-as-you-drive auto insurance would allow...
Reporting Requirements
Sep 22 2008 // A Review of Reporting Changes in Licensee’s Background Information Many licensees or applicants are unaware of the continuing requirement to notify the California Department of Insurance (DOI) of changes in the...
People
Sep 22 2008 // Swiss Re appointed Walter A. Bell chairman of Swiss Re America Holding Corp. He will provide supervisory governance of the Americas businesses and also will oversee and direct regulatory and public affairs for all of Swiss...
Appeals Court Throws out $241 Million Award in Executive Life Suit
Sep 22 2008 // An appeals court tossed out a $241 million award won by California in a lawsuit over the takeover of failed insurer Executive Life by French investors. The 9th U.S. Circuit Court of Appeals overturned the award by a lower...
Business Moves
Sep 22 2008 // Armstrong/Robitaille/Riegle,Balance Insurance Agency Orange, Calif.-based Armstrong/Robitaille/ Riegle Business and Insurance Solutions has acquired Balance Insurance Agency of Irvine, Calif. Balance Insurance Agency was...
California Workers’ Comp Division Strengthens Judges’ Ethics Rules
Sep 22 2008 // California’s Division of Workers’ Compensation has adopted revised ethics regulations governing workers’ compensation judges. According to the DWC, the rules and regulations “are designed to enforce...
Funeral Held for Insurance Agent, California Bans Train Operators from Texting
Sep 19 2008 // The first memorial service for a victim of the Sept. 12, 2008, Metrolink train collision was held in Simi Valley, Calif. Howard Pompel, 69, an insurance agent and father of three from Moorpark, Calif., was among the 25...
California Commissioner Issues Statement on AIG
Sep 19 2008 // Responding to the federal government’s bail-out of AIG, California Insurance Commissioner Steve Poizner issued the following statement, noting the two dozen companies under the AIG corporate umbrella that are...
Calif. Insurance Commissioner Considers 2010 Bid
Sep 18 2008 // California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed...
Insurers Seek Veto of California Workers’ Comp Bills
Sep 17 2008 // The American Insurance Association says three measures on the way to California Gov. Arnold Schwarzenegger’s desk should be vetoed because they will increase employers’ costs for workers’ compensation,...
