Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Workers’ Comp Rate Regulation Bill Fails Passage
Jun 30 2005 // The California Assembly Insurance Committee said June 29 now is not the time for rate regulation and it was too early to judge the impact of the historic workers’ compensation reforms (SB 899) on rates, reported the...
AIA: Insurers Lowering Rates, Price Controls Damage California Workers’ Comp System
Jun 29 2005 // California’s workers’ compensation insurers have been filing historic rate decreases with the Department of Insurance, demonstrating that the 2003-2004 reforms are working, according to the American Insurance...
AIG Private Client Group Launches Mobile Wildfire Protection Unit for Calif. Policyholders
Jun 28 2005 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the creation and deployment of its Wildfire Protection Unit, the first mobile...
Yates & Assoc. Adds New Admitted Transportation Carrier
Jun 27 2005 // Yates’ commercial transportation department has just added a new Admitted carrier to its line up and the carrier is hungry for new business from California agents according to Barbara Parker-Hatch, executive vice...
Firefighters Gain Against Southern California Wildfires
Jun 27 2005 // The worst danger from California’s first major wildfires of the season seemed to have subsided Friday, but officials said the blazes should serve as a reminder of what’s to come in the region, where heavy...
Allstate Will Repay California Policyholders $30M
Jun 27 2005 // Allstate Insurance Company will pay $30 million to California auto and homeowner policyholders that were overcharged, according to the Los Angeles Times. Approximately 250,000 customers will receive refunds, while the...
Liberty Mutual Expands Home Replacement Cost Coverage for Calif. Catastrophe Victims
Jun 24 2005 // When this year’s wildfires rage across California, will a home insurance policy be enough to pay to repair or rebuild a damaged house? Maybe … but maybe not. Yet some California homeowners are less concerned...
Arizona Wildfire Grows; Firefighters Gaining on California Blaze That Destroyed 6 Homes
Jun 23 2005 // A number of multimillion-dollar homes were in danger of falling Thursday in Arizona as firefighters for another day did battle with a wildfire that was threatening an area some 20 miles from Phoenix. Officials said some...
Olson Joins Bliss & Glennon, Palm Desert Area
Jun 22 2005 // Robert P. Abramson, president of Bliss & Glennon Inc. announced the hiring of Robert Olson as a broker in the Palm Desert area. Bob Olson adds over 20 years of experience in the excess and surplus lines...
Wildfires Threaten Several Western States; Number of Homes Damaged
Jun 22 2005 // Hot temperatures and gusty winds aided several wildfires burning in a Southern California desert community and a national forest in neighboring Arizona on Wednesday, damaging a number of homes and threatening many more as...
CAS Attendees Hear of Positive Trends from California Workers’ Comp Reforms
Jun 21 2005 // Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society (CAS)...
ACIC Opposes Credit Bill: Urges Regulation Not Elimination
Jun 21 2005 // The Association of California Insurance Companies (ACIC) is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The bill, SB 603 by Sen...
WIAA Fights Back Against Calif. Commissioner’s Proposed Regulations
Jun 21 2005 // The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust...
Former Framers Owners Sentenced
Jun 20 2005 // Investigators announced that Jay Neal Wright, a former Bay Area businessman and owner of Highland Framers of Northern California Inc., was formally sentenced in Alameda County Superior Court to three years in state prison...
ACIC SUPPORTS CALIF. GRADUATED DRIVER’S LICENSE BILL:
Jun 20 2005 // Legislation supported by the Association of California Insurance Companies to extend restrictions placed on graduated drivers licenses won the approval of the Senate Transportation and Housing Committee. The bill, AB 1474...
California Legislative Round Up
Jun 20 2005 // The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures...
WIAA Fights Back Against Calif. Commissioner’s Proposed Regulations
Jun 20 2005 // The Western Insurance Agents Association has released a brochure on behalf of its member agents detailing its campaign to stop California Insurance Commissioner John Garamendi’s alleged excessive and unjust...
Insurers Decrease Calif. Workers’ Comp Rates as Reforms Take Effect
Jun 20 2005 // Many workers’ compensation insurers doing business in California are decreasing their rates, evidence that the major reforms enacted last year are taking effect. Insurance Commissioner John Garamendi recently...
Two Homeowners Bills Move to California Assembly
Jun 20 2005 // The California State Senate recently passed SB 2 and SB 518, two homeowners bills that are now in the Assembly Insurance Committee. Both bills passed 23-15 in the Senate. SB 2, authored by Senator Jackie Speier...
News Briefs
Jun 20 2005 // WASH. CLIENTS ELIGIBLE FOR $14M FROM MARSH: More than 15,000 Washington businesses, associations, individuals and other organizations reportedly qualify for nearly $14 million in restitution offered by the nation’s...
