Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
1,000 Firefighters Stretched to Limit Battling burning acres in Nevada
Jun 29 2006 // More than 1,000 firefighters were battling a series of lightning-sparked fires that had burned more than 79,000 acres across northern Nevada by Tuesday, putting just about every available piece of equipment and firefighter...
Swett & Crawford Adds Staff Nationwide
Jun 28 2006 // Swett & Crawford has added four new brokers to offices in California, New York, Arizona and Idaho. Tae Yoon joins the Woodland Hills office as a property and casualty broker. He has been with American Excess &...
Pending Bills Undermine Calif. Workers Comp Reforms, Insurers Say
Jun 28 2006 // Three measures awaiting approval by a key state Senate committee would undermine recent reforms that have improved California’s workers compensation system, according to Sam Sorich, president of the Association of...
Twenty Arrested in Los Angeles for Alleged Insurance Fraud
Jun 23 2006 // California Insurance Commissioner John Garamendi announced the early morning arrests of 20 suspects involved in a staged auto collision ring dubbed “Operation Freeway Squat.” The bust targeted a major auto...
Michelman & Robinson Opens San Francisco Office
Jun 23 2006 // Michelman & Robinson LLP will be opening a San Francisco office on July 1 to complement its Los Angeles and Orange County offices. “The overwhelming demand for our services in Northern California has compelled...
California’s Mandatory Investment Reporting Unnecessary, Insurers Say
Jun 22 2006 // Legislation, sponsored by California Insurance Commissioner John Garamendi is unnecessary, will increase costs and will further complicate data collection, said the American Insurance Association (AIA). AB 925, authored by...
California State Fund Raised $50,000 for Community Programs in Past Decade
Jun 22 2006 // California’s State Compensation Insurance Fund’s Santa Rosa District Office employees have raised nearly $50,000 during the past decade for various charities including $3,000 at the recent 25th annual...
California Family Business-Owners Arrested on Fraud
Jun 21 2006 // Californians Clyde and Jackie Sewell, both 52, owners of North Pointe Enterprises Inc., and their daughter, Toni Studer, 30, were arrested at their place of business. The Sewells, who are residents of Elverta, Calif., were...
California Earthquake Insurance Rates Decreasing
Jun 20 2006 // California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent, said Nancy Kinkaid, CEA spokeswoman. Approximately 85 percent of CEA...
California commissioner recommends 16.4 percent workers’ comp rate cut
Jun 19 2006 // California Insurance Commissioner John Garamendi has recommended a 16.4 percent decrease in the workers’ compensation pure premium rate. The decrease would be applicable to new and renewal policies as of the first...
Ratings review
Jun 19 2006 // Safeco Outlook Positive Standard & Poor’s Ratings Services affirmed its “A+” counterpart credit and financial strength ratings on the Safeco Intercompany Pool members. S&P also affirmed its...
Allstate dropping most earthquake coverage nationwide
Jun 19 2006 // Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in...
Business Moves
Jun 19 2006 // HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage...
California State Compensation Insurance Fund files average 10 percent premium decrease
Jun 19 2006 // California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with...
News Currents
Jun 19 2006 // California considering new mileage verification rules Insurance brokers and agents could be required to verify odometer readings for new and renewal automobile insurance policies under amendments the California Department...
Modesto, Calif. ranked car theft capital of the nation
Jun 19 2006 // The rural Stanislaus County community that’s grabbed unwanted headlines as home of convicted killer Scott Peterson and former U.S. Rep. Gary Condit now has another unflattering distinction: The nation’s car...
Ratings review
Jun 19 2006 // Safeco Outlook Positive Standard & Poor’s Ratings Services affirmed its “A+” counterpart credit and financial strength ratings on the Safeco Intercompany Pool members. S&P also affirmed its...
News Currents
Jun 19 2006 // California commissioner recommends 16.4 percent workers’ comp rate cut California Insurance Commissioner John Garamendi has recommended a 16.4 percent decrease in the workers’ compensation pure premium rate....
News Currents
Jun 19 2006 // California Election Results: Wins for Angelides, Garamendi, Bustamante California State Treasurer Phil Angelides defeated Controller Steve Westly in a bitter primary election battle to be the Democratic Party’s...
California Insurance Wholesalers Urged to Get Active, Pursue Legislation
Jun 16 2006 // In conjunction with the Annual Meeting of the California Insurance Wholesalers Association held June 8 – 9 in Napa, Calif., outgoing President Mark Maucere urged the members of CIWA to get active to protect their...
