Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Industry Associations Object to CDI Legal Opinion on Fiduciary Duties
Oct 17 2005 // The California Department of Insurance (DOI) recently released a legal opinion on insurance fiduciary duties that industry associations say is over-reaching and will adversely affect their members. In its opinion, the...
WCIRB Survey Indicates California Workers’ Comp Reform is Working
Oct 17 2005 // State workers’ compensation claims and disability costs have dropped significantly since California’s workers’ compensation system was overhauled in 2003 and 2004, according to the Workers’...
News Briefs
Oct 17 2005 // California Judge throws out $700 million jury award in Executive Life Suit A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming...
Auto-Liability
Oct 17 2005 // USAA Casualty Insurance Co. v. Anglum, et al. (Colorado, Sept. 12, 2005) Ruling: The court held that an USAA auto policy unambiguously permitted the insurer to charge an adjusted premium for a newly acquired vehicle from...
CAR Launches Program to Address Liability Inusrance Omissions
Oct 14 2005 // The California Association of Realtors (C.A.R.), Los Angeles, has launched its Strategic Defense Program, which will create a panel of real estate defense attorneys charged with improving the litigation climate and...
Integro Appoints Principal in San Francisco Office
Oct 14 2005 // Integro today announced that Larry A. Reback has been appointed principal, Claims for the company’s San Francisco office. He joins Integro from Marsh, where he served as senior vice president, Risk Consulting...
California Supreme Court Upholds Insurance Commissioner’s Authority
Oct 14 2005 // The California Supreme Court ordered to “de-publish” a Court of Appeal ruling — AIA vs. Garamendi — often touted by insurance companies as limiting the regulatory authority of the Insurance...
California and Arizona Agents Finally Have a Choice. Softech Announces its MVR Integration with the FSC Rater.
Oct 13 2005 // Softech International announces the launch of a new web-based MVR interface within the FSC Insurance Solutions comparative rater. This interface will allow insurance agents to order motor vehicle reports without having to...
Carl Warren Named California/Western States ESOP Company of the Year
Oct 13 2005 // Third-party claims administrator Carl Warren & Co., Orange County, Calif., has been named as California/Western Chapter 2006 Employee Stock Ownership Plan (ESOP) Company of the Year, during the Annual...
Calif. Workers’ Comp Head Moving to New Position
Oct 12 2005 // Andrea Hoch, who has served as director of the California’s workers’ compensation program since 2004, has been named by Gov. Arnold Schwarzenegger as his legal affairs secretary. Hoch, whose tenure as head of...
Judge Throws Out $700 Million Jury Award in Executive Life Suit
Oct 7 2005 // A federal judge has thrown out a $700 million (euro586 million) award for punitive damages won by the state of California in a lawsuit stemming from the takeover of failed insurer Executive Life by French investors. U.S....
Schwarzenegger Signs Highway Safety Bills, Receives Praise
Oct 6 2005 // The Association of California Insurance Companies (ACIC) has commended Gov. Arnold Schwarzenegger for signing into law two bills designed to improve highway safety. The bills are AB 1325, which addresses motor vehicle...
WIAA Response to CDI Advisory Letter on Disclosure
Oct 5 2005 // Our Lawyers Are Reviewing Your Legal Opinion. We Disagree With It. We’re Glad There’s New Found Industry-wide Agreement on Disclosure Rancho Cordova…The issue of full dollar disclosure has been the most...
Calif. Commissioner Reports Distribution of $386M to Policyholders Involving Bankrupt Insurers
Oct 5 2005 // California Insurance Commissioner John Garamendi announced Wednesday that $386 million has been distributed this year to policyholders and claimants of insolvent (bankrupt) insurers liquidated through the state’s...
Hurricane Katrina: The Legal Saga Begins
Oct 3 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...
People & Places
Oct 3 2005 // Leslie Mallonee Seattle-based Physicians Insurance A Mutual Company has announced that Leslie Mallonee has been named senior vice president and chief information officer. Mallonee’s history in information technology...
California May Lower Quake Insurance Rates in Wake of Katrina
Oct 3 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
California Heating Up, Could Face More Blackouts
Oct 3 2005 // More frequent and intense heat waves that are expected in California during the next 100 years could overburden the state’s electric utility grid and cause rolling blackouts, according to a study by the U.S....
Hurricane Katrina: The Legal Saga Begins
Oct 3 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...
Calif. May Lower Quake Insurance Rates in Wake of Katrina
Oct 3 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
