Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Crash for Cash Ringleader Arrested
Nov 25 2005 // California Insurance Commissioner John Garamendi on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 auto collisions over the past 18 months, bilking...
Executive Life Judge has Final Ruling; Confirms Some $900M in Total Verdicts, Settlements
Nov 23 2005 // California Insurance Commissioner John Garamendi on Tuesday praised a Los Angeles Federal judge’s ruling that the Artemis company, reportedly a main conspirator in the fraudulent purchase of the Executive Life...
Choice of Medical Care Provider Affects Costs, Outcomes for Injured Workers
Nov 23 2005 // The choice of medical care providers to treat injured workers by either workers or their employer not only impacts medical costs but also a variety of outcomes for injured workers, according to a new study by the Workers...
Insurers, Nonprofits Offer Low-Income Loans to Health Clinics
Nov 22 2005 // Impact Community Capital, a consortium of major insurance companies, and NCB Development Corp. (NCBDC) have teamed to offer as much as $50 million in low-interest loans to community health clinics that have difficulty...
Dwelling Fire–California
Nov 21 2005 // Nuts & Bolts: The Foremost Insurance Co., Grand Rapids, Mich., has introduced a dwelling fire program in California. The program is designed for individuals with lower-valued homes, “fixer-uppers,”...
Excess/Umbrella–California Contractors
Nov 21 2005 // Nuts & Bolts: SIU LLC is offering a new excess/umbrella market for contractors available in California. Dollars: Deductibles are $10,000; minimum premiums are $1,500; and the policy limits are $5...
Western States Pay Average Auto Premiums, NAIC Reports
Nov 21 2005 // Drivers in most of the 13 states that comprise the Western region enjoy about average auto insurance premiums, according to the most recent study produced by the National Association of Insurance Commis-sioners (NAIC). In...
Calif. Commissioner Calls for 15.3 Percent Workers’ Comp Rate Decrease
Nov 21 2005 // California Insurance Commissioner John Garamendi has recommended a 15.3 percent decrease in the state’s workers’ compensation pure premium rates by winter. In announcing the move, the Commis-sioner also...
Case Law Watch
Nov 21 2005 // Eaton v. Continental Casualty Co. (California Court of Appeals, 2nd District, Sept. 15, 2005) Ruling: The court held that the insured’s suit against an excess insurer was not barred by the four-year statute of...
California Commissioner Drops Broker Regulations
Nov 21 2005 // California Insurance Commis-sioner John Garamendi has announced that he will halt efforts to adopt new regulations imposing fiduciary duties and mandatory disclosure regulations on insurance agents and brokers. “We...
Calif. Fraud Ring Lands Three in Jail
Nov 21 2005 // Three suspects have been arrested following an 11-month investigation by the California Department of Insurance of an auto insurance fraud ring that targeted car rental and insurance companies for fraudulent automobile...
Actions and Proceedings
Nov 20 2005 // Eaton v. Continental Casualty Co. (California Court of Appeals, 2nd District, Sept. 15, 2005) Ruling: The court held that the insured’s suit against an excess insurer was not barred by the four-year statute of...
Calif. Fraud Ring Lands Three in Jail
Nov 20 2005 // Three suspects have been arrested following an 11-month investigation by the California Department of Insurance of an auto insurance fraud ring that targeted car rental and insurance companies for fraudulent automobile...
Western States Pay Average Auto Premiums, NAIC Reports
Nov 20 2005 // Drivers in most of the 13 states that comprise the Western region enjoy about average auto insurance premiums, according to the most recent study produced by the National Association of Insurance Commis-sioners (NAIC). In...
California Commissioner Drops Broker Regulations
Nov 20 2005 // California Insurance Commis-sioner John Garamendi has announced that he will halt efforts to adopt new regulations imposing fiduciary duties and mandatory disclosure regulations on insurance agents and brokers. “We...
Business Moves
Nov 20 2005 // Indemnity Excess & Surplus Agency Expands Online Services Indemnity Excess & Surplus Agency has expanded its online quoting offerings to include six popular lines of business. Now IES-appointed producers have...
News Briefs
Nov 20 2005 // California Governor’s Measures Defeated in Special Election California’s special election battle, the costliest campaign in the state’s history, roared to a close in November, much to the chagrin of Gov....
Calif. Commissioner Calls for 15.3 Percent Workers’ Comp Rate Decrease
Nov 20 2005 // California Insurance Commissioner John Garamendi has recommended a 15.3 percent decrease in the state’s workers’ compensation pure premium rates by winter. In announcing the move, the Commis-sioner also...
New Markets
Nov 20 2005 // Dwelling Fire-California Nuts & Bolts: The Foremost Insurance Co., Grand Rapids, Mich., has introduced a dwelling fire program in California. The program is designed for individuals with lower-valued homes,...
Calif. Commissioner Announces Team in Bid for Lieutenant Governor
Nov 18 2005 // California Insurance Commissioner and Democratic candidate for Lieutenant Governor John Garamendi has announced his 2006 campaign team, which includes key participants in the successful campaign to defeat Gov. Arnold...
