Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Insurance Regulators Hosting National Catastrophe Insurance Program Summit
Nov 14 2005 // State insurance regulators, industry representatives, catastrophe experts and consumer representatives are convening in San Francisco on Tuesday for a two-day summit in to help devise a national catastrophe insurance...
PAULA Financial Unveils Q3 Numbers; Declares Quarterly Cash Dividend
Nov 14 2005 // California-based PAULA Financial has reported net income for the third quarter of 2005 of $218,000 or $0.03 per share compared to $142,000 or $0.02 per share for the 2004 period. For the nine months ended Sept. 30, 2005,...
California Commissioner Calls for 15.3 Percent Workers’ Comp Rate Decrease
Nov 11 2005 // California Insurance Commissioner John Garamendi has recommended a 15.3 percent decrease in the state’s workers’ compensation pure premium rates. This is his fifth consecutive decrease, which will bring the...
Cambridge General Agency Opens Central California Office
Nov 10 2005 // Paul Janofsky, executive vice president of Cambridge General Agency, has announced the company has opened its fifth branch office in California. Cambridge General is a licensed surplus lines brokerage, managing general...
People & Places
Nov 7 2005 // Barbara Carey ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior...
CA Insurers Turn Out in Record Number to Help Nonprofits
Nov 7 2005 // An unprecedented number of California insurance industry professionals volunteered their time to charitable projects for the Insurance Industry Charitable Foundation’s recent 8th Annual Volunteer Week. The 2005...
Calif. Court Rules Illegal Immigrants Can Get Workers’ Comp
Nov 7 2005 // Illegal immigrants injured on the job are entitled to workers’ compensation benefits despite their legal status, a California state appeals court recently ruled. The 2nd District Court of Appeal ruled in a case...
California Insurance Commissioner Announces Anti-Fraud Guidelines
Nov 7 2005 // California Insurance Com-missioner John Gara-mendi has announced new Special Investigative Unit (SIU) regulations for insurance carriers licensed to conduct business in California. The regulations are a result of a...
UnumProvident Enters Settlement
Nov 7 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Depart-ment of Insurance, concluding an investigation of the subsidiaries’ disability claims...
Calif. Agent Pleads Guilty to Theft
Nov 7 2005 // A Costa Mesa Insurance agent pled guilty to three felony counts of grand theft and was forced to surrender his insurance license for life following an investigation conducted by the California Department of Insurance (CDI)...
UnumProvident Enters Settlement
Nov 6 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Depart-ment of Insurance, concluding an investigation of the subsidiaries’ disability claims...
California Insurance Commissioner Announces Anti-Fraud Guidelines
Nov 6 2005 // California Insurance Com-missioner John Gara-mendi has announced new Special Investigative Unit (SIU) regulations for insurance carriers licensed to conduct business in California. The regulations are a result of a...
To submit a People and Places announcement, e-mail ptom@insurance journal.com
Nov 6 2005 // ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president...
Calif. Court Rules Illegal Immigrants Can Get Workers’ Comp
Nov 6 2005 // Illegal immigrants injured on the job are entitled to workers’ compensation benefits despite their legal status, a California state appeals court recently ruled. The 2nd District Court of Appeal ruled in a case...
UnumProvident Enters Settlement Agreement
Nov 6 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Department of Insurance, concluding a market conduct examination and investigation of the...
News Briefs
Nov 6 2005 // California CDI Amends Proposed “Action Notice” Filing Regulations The California Department of In-surance has deleted a section of proposed regulations that would have required insurers to notify CDI when a...
CA Insurers Turn Out in Record Number to Help Nonprofits
Nov 6 2005 // An unprecedented number of California insurance industry professionals volunteered their time to charitable projects for the Insurance Industry Charitable Foundation’s recent 8th Annual Volunteer Week. The 2005...
Calif. Couple, Brothers Nabbed for Felony Auto Fraud Scam
Nov 4 2005 // A husband, his wife, and another man have been arrested on felony auto insurance fraud charges following a California Department of Insurance Fraud Division (CDI) investigation into the alleged theft of the couple’s...
California Commissioner Announces Finalization of Settlement Agreements
Nov 2 2005 // Insurance Commissioner John Garamendi has announced that agreements have been reached with two of the nation’s largest title insurers over illegal rebate activities. The deals will deliver $22.7 million to consumers...
Lawsuit Claims Disability Insurer Sought to Avoid Paying Claims
Nov 1 2005 // UnumProvident Corp., the nation’s largest disability insurer, systematically sought ways to avoid paying claims to millions of California customers, a lawsuit claims. The lawsuit filed in Superior Court by...
