Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
SPECIAL REPORT: First Flood
Jan 22 2006 // Just like traffic, higher gasoline prices and high housing costs, Californians have come to expect certain things living in the Golden State. Most recently, it has been the rainy season, which many insurance agents and...
New Markets
Jan 22 2006 // New Markets Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third-party liability. Policies can be written monoline or as part of the directors’ and...
News Currents
Jan 22 2006 // Low-Cost Auto Insurance Expands to Six Calif. Counties Anew California law will allow low-income residents in Alameda, Fresno, Orange, Riverside, San Bernardino and San Diego counties, to purchase driver’s insurance...
California insurance carriers spent the last part of December jumping through hoops to comply with the California Depart
Jan 22 2006 // Portable persistency discounts helped to encourage competitively priced products that promote comparison shopping. Amid the confusion surrounding the elimination of portable persistency discounts in California, we may have...
Former Credit Lyonnais Chairman Offers Guilty Plea
Jan 20 2006 // A former chairman and chief executive officer of Credit Lyonnais pleaded guilty Thursday afternoon to two felony charges of causing Credit Lyonnais to make false statements to the Federal Reserve Bank. Jean Peyrelevade,...
Calif. Commissioner Reminds Consumers to Update Disaster Plans on Northridge Earthquake Anniversary
Jan 17 2006 // Calif. Insurance Commissioner John Garamendi on Monday urged Californians to prepare for future emergencies, noting that the devastating Northridge earthquake, which struck twelve years ago today, left many unprepared...
7 Suspects Arrested in Calif. Workers’ Comp Fraud
Jan 16 2006 // Seven suspects in California’s San Joaquin Valley region have been arrested for workers’ compensation fraud that cost insurers $900,000, and duped the state out of some $676,000 in payroll taxes, according to...
Calif. Court Says Broker Owes Duty of Care to Third Party
Jan 16 2006 // California’s Second District Court of Appeals has decided that an insurance broker owed a legal duty of care to a third-party after an insurer refused to pay claims under an express policy exclusion. The case,...
Travelers Improves Homeowners Program in California
Jan 13 2006 // Travelers personal lines, a member of St. Paul Travelers, has improved its homeowners insurance program in California, including enhancingcoverage for identity theft and new credits and deductible options. Travelers’...
Cambridge General’s Market Reduces Apartments Rate
Jan 13 2006 // California based Cambridge General Agency is offering a market that is rolling back rates on apartments in California. According to the company, if the policy is written on a package basis it may qualify for additional...
Calif. Commissioner, FEMA Warn Residents to Prepare for Next Flood
Jan 13 2006 // Urging residents to make disaster preparedness and insurance readiness a top priority, California Insurance Commissioner John Garamendi and FEMA officials cautioned Sacramento County residents, Friday, to take proactive...
Calif. Commissioner Urges Homeowners to Prepare for Next Flood
Jan 12 2006 // California Insurance Commissioner John Garamendi cautioned Los Angels residents on Wednesday to take strong, proactive steps to prepare for the next inevitable disaster by looking at flood insurance and updating their home...
Calif. State Fund Hosting Office Ergonomics Workshop
Jan 12 2006 // California’s State Compensation Insurance Fund is hosting a free workplace safety “Office Ergonomics” workshop at its San Jose district office on Jan. 12-13. The workshop is designed to help employers...
Roofer To Pay Calif. State Fund $117,000 in Workers’ Comp Fraud Case
Jan 10 2006 // A San Joaquin County, Calif., Superior Court Judge has ordered Lodi resident Joseph C. Campbell, 39, to pay $117,000 in restitution to California’s State Compensation Insurance Fund, as a result of his conviction on...
Calif. State Fund and Humboldt Builders’ Exchange Offer Loss Prevention Seminar
Jan 10 2006 // California’s State Compensation Insurance Fund and Humboldt Builders’ Exchange Inc. is hosting a Business Loss Prevention seminar free to employers, brokers and the general public. The seminar is designed to...
Calif. Firm to Pay $2 Million to Settle Insurance Probe
Jan 10 2006 // An insurance industry consulting firm has agreed to pay $2 million in restitution after taking payments from MetLife Inc., Prudential Financial Inc. and UnumProvident Corp. to steer customers to those companies, New York...
Association of Calif. Insurance Companies Opposes Weakening Motorycle Helmet Law
Jan 9 2006 // New legislation, SB 969 has been introduced by Sen. Denise Ducheny, D-San Diego, to permit motorcyclists 18 years and older to ride without helmets if they can show proof of having medical insurance. The bill is scheduled...
IRC: Insurance Fraud, Buildup Add Some $400M to Calif. Auto Injury Claims
Jan 5 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims puts a hefty price tag on the cost of claim abuse in California. In 2002, between $319 million and $432 million in bodily injury liability...
Sloan Mason Offering New Market for Calif. Residential Tract Contractors
Jan 3 2006 // California-based Sloan Mason reported access to a new A- VIII carrier, which will provide competitive GL and wrap-up coverage for residential contractors in California. These contractors can perform work in new tract...
UPDATE: Winter Storm Drenches California; Streets Flooded, Homes Damaged
Jan 2 2006 // The winter’s first major storm in California hit the Golden State over the weekend with a one-two punch, leaving streets flooded and homes and businesses damaged or destroyed. As skies began to clear some in Northern...
