Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. approves Geico rate reduction
Sep 3 2007 // The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for...
Insurers oppose proposed Calif. workers’ comp deductible
Sep 3 2007 // Some California insurers are asking the Legislature to reconsider a proposal that they say will dramatically boost workers’ compensation temporary disability payments to injured workers. The American Insurance...
People and Places
Sep 3 2007 // Cary Schneider, senior vice president of the Insurance Information Institute, was elected executive vice president by the organization’s board of directors. Schneider assumes responsibilities for directing the...
Calif. court rules workers’ comp costs can be tallied in incentive plans
Sep 3 2007 // The California Supreme Court has ruled that incentive compensation plans, calculated on profits, can subtract out costs for workers’ compensation costs from profits, even if it discourages employees from reporting...
Fraud Roundup
Sep 3 2007 // Calif. brothers arrested for fraud Two brothers in Woodland Hills, Calif., have been arrested and charged with felony insurance fraud, conspiracy and perjury. According to the California Department of Insurance, Masood D....
Calif. State Fund names Frank new president
Sep 3 2007 // The California State Compensation Insurance Fund has selected Janet Frank to be its new president. Frank, currently executive vice president of North American Field Operations for CNA Financial, is scheduled to begin...
Nation’s workers’ comp benefits, costs down
Sep 3 2007 // U.S. workers’ compensation payments for medical care and cash benefits for workers disabled by workplace injuries or diseases declined in 2005, according to a study by the National Academy of Social Insurance (NASI)....
Strongwood Launches Program for Calif. Apartment Association
Aug 31 2007 // Monterey, Calif.-based Strongwood Insurance Holdings Corp, in partnership with the California Apartment Association (CAA), has developed an insurance program for CAA’s 20,000 members The CAA Value Insurance Plan is...
New Safety Measures Tested by California Spinach Contamination
Aug 31 2007 // Tough new food safety precautions and produce-tracking systems implemented last year after a fatal E. coli outbreak were put to the test when spinach from a Salinas Valley produce company came up positive for salmonella...
Lawrence Named Underwriting Manager for Calif. State Fund
Aug 30 2007 // Diane Lawrence has been promoted to underwriting manager for California’s State Compensation Insurance Fund. Lawrence began her State Fund career as a marketing consultant at the organization’s San Francisco...
Calif. Considering Expanding Low-Cost Auto Program Statewide
Aug 30 2007 // California Insurance Commissioner Steve Poizner has announced plans to complete his expansion of the California Low Cost Automobile Insurance Program (CLCA) to the entire state. Commissioner Poizner is working to make the...
Calif. High Court Rules Discovery Does Not Apply to Reinsurance Documents
Aug 29 2007 // The California Supreme Court has ruled that a statute authorizing limited discovery of a defendant’s insurance coverage does not include authorization to look into reinsurance agreements as part of facilitating a...
California Department of Insurance Seeks General Counsel
Aug 27 2007 // The California Department of Insurance is seeking a new general counsel of its Legal Branch. The general counsel will serve as the principal legal advisor to the Insurance Commissioner while providing leadership and...
Calif. Commissioner To Host Town Hall Meeting for Angora Fire Victims
Aug 24 2007 // California Insurance Commissioner Steve Poizner will be hosting a town hall meeting with residents, insurers and local officials in South Lake Tahoe, Calif., this evening, to assess the needs and concerns of victims of the...
Drops in Calif. Spending Lowers Nation’s Workers’ Comp Benefits, Costs
Aug 22 2007 // U.S. workers’ compensation payments for medical care and cash benefits for workers disabled by workplace injuries or diseases declined in 2005, according to a study by the National Academy of Social Insurance (NASI)....
Crews Subduing Mont. Wildfire; Calif. Fire Shows No Signs of Slowing
Aug 22 2007 // A wildfire that destroyed two homes was no longer threatening a residential area Tuesday and authorities were ready to let evacuees return, a fire chief said. Residents had been ordered to leave the Emerald Hills...
Calif. Brothers Arrested for Fraud
Aug 20 2007 // Two brothers in Woodland Hills, Calif., have been arrested and charged with felony insurance fraud, conspiracy and perjury. According to the California Department of Insurance, Masood D. Pymanee, 32, and Mahboob D....
Calif. Low Cost Auto Program Expanded to 11 Counties
Aug 17 2007 // California Insurance Commissioner Steve Poizner has expanded the California Low Cost Automobile Insurance program to Amador, Butte, Calaveras, El Dorado, Humboldt, Placer, San Benito, Shasta, Sutter, Tuolumne and Yuba...
Calif. Suspects Arrested for $20,000 in Auto Insurance Fraud
Aug 16 2007 // An investigation by the California Department of Insurance (CDI) Fraud Division and four additional state law enforcement groups has led to the arrest of multiple alleged automobile insurance fraud perpetrators. Four...
Bunke Named VP Underwriter of Colemont – Southern California
Aug 16 2007 // Colemont Insurance Brokers has promoted Tom Bunke to vice president – underwriter of Colemont – Southern California. Bunke joined Colemont in March 2001. He began his career with the G.J. Sullivan Co. and...
