Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
American Agents Alliance Welcomes Nigohosian as New Executive Director
Nov 29 2004 // The American Agents Alliance Board of Governors announced the selection of Ken Nigohosian as the association’s new executive director. Nigohosian was chosen from among a pool of the insurance industry’s best...
Lockyer Subpoenas Safeco Corp.
Nov 24 2004 // California Attorney General Bill Lockyer subpoenaed Seattle-based property/casualty insurer Safeco Corp. in connection with his investigation into bid rigging and price fixing in the insurance industry, according to...
Paletta Joins Heffernan Insurance Brokers as Producer
Nov 23 2004 // Heffernan Insurance Brokers announced the appointment of Marc Paletta as a producer in its Walnut Creek office. He will focus on employee benefits business development for mid-sized businesses in and around the Bay...
Average Cost of Household Water Damage Still Climbing Despite Drop in Claims
Nov 23 2004 // It may be sunny outside, but water continues to cause nearly a half-billion dollars of insured damage inside California homes each year. A continuing study by the Insurance Information Network of California (IINC) found...
ANTHEM, WELLPOINT GET MERGER APPROVAL FROM CDI:
Nov 22 2004 // Anthem Inc. and WellPoint Health Networks Inc. announced that John Garamendi, Commissioner of the California Department of Insurance (CDI), has granted his approval for their pending merger. In July of this year, the...
Calif. Commissioner Files Suit Against ULR and Insurers
Nov 18 2004 // Commissioner John Garamendi on Thursday announced a major lawsuit against Universal Life Resources of San Diego and four major insurers accused of hiding millions of dollars in secret commissions. During a news conference...
California Pair Sentenced for Workers’ Comp Fraud
Nov 17 2004 // An Inyokern, Calif. couple who reportedly bilked the workers’ compensation system out of more than $76,000 in a disability scheme was sentenced to prison Nov. 16 on the charges and ordered to pay $102,706 in...
ADR, Fiserv FSC Announce Integrated Motor Vehicle Record Reports in California and Arizona
Nov 17 2004 // American Driving Records (ADR), a wholly-owned subsidiary of First Advantage Corporation and Fiserv FSC Inc. announced the launch of a new software interface that will allow California and Arizona insurance agents to order...
Garamendi Recommends 2.2 Percent Reduction in Workers’ Comp Pure Premium Rates
Nov 17 2004 // California Insurance Commissioner John Garamendi called for a 2.2 percent reduction pure premium rates for workers’ compensation insurance in a Nov. 17 conference call to the media. “My current advice to the...
CRM Offers New Workers’ Comp Program for California Health Care Workers
Nov 16 2004 // In an effort to help alleviate the shortage of affordable workers’ compensation insurance for California’s sizable health care industry workforce, Compensation Risk Managers (CRM) has begun offering coverage to...
Brown & Riding Opens Office in Woodland Hills
Nov 15 2004 // Brown & Riding Insurance Services announced the opening of new offices in Woodland Hills, California, the firm’s third office location. The new office, located in the San Fernando Valley northwest of downtown...
Calif. CPCU Chapter Volunteers Feed the Hungry
Nov 15 2004 // On Oct. 16, 12 volunteers from the Los Angeles and El Camino CPCU Chapters, some accompanied by family members, met at the Los Angeles Regional Foodbank to make Senior Food Packages and to separate donated food items for...
California Leads the Nation in Auto Theft Rates for 2003
Nov 15 2004 // The National Insurance Crime Bureau (NICB) reported that for calendar year 2003, car thieves were most active in California. Six of the nation’s ten hottest spots for vehicle theft rates are in California, while the...
Two Southeast States Could Reconsider Anthem/WellPoint Merger
Nov 11 2004 // Georgia and West Virginia are two southeast states that could reconsider their earlier approval of the Anthem Inc./WellPoint merger, after California’s $265 million concessions package in California. Seven other...
AIA: CAAA Lawsuit will Undermine Workers’ Compensation Reforms
Nov 11 2004 // The American Insurance Association (AIA) issued the statement below in response to the lawsuit filed by the California Applicant Attorneys Association (CAAA) challenging the regulations regarding Medical Provider Networks...
Calif. Senator to Hold Hearing for Wildfire Victims to Voice Issues with Industry
Nov 10 2004 // Community Assisting Recovery, CARe, a nationally recognized non-profit disaster recovery assistance organization, announces that survivors of the 2003 California wildfires and their more fortunate neighbors will be able to...
Anthem and WellPoint Announce Merger Approval by CDI
Nov 9 2004 // Anthem Inc. and WellPoint Health Networks Inc. announced that John Garamendi, Commissioner of the California Department of Insurance (CDI), has granted his approval for their pending merger. In July of this year, the...
Looking at the Med-Mal Crisis from Both Sides
Nov 8 2004 // Insurance Journal National Editor Andrea Ortega-Wells recently moderated a “Take Two” debate discussing the hot topic of medical malpractice, and what, if any, reforms are needed. The debate features Paula...
RemedyTemp to Appeal Workers' Comp Case Appeals Court Ruling
Nov 8 2004 // The California Insurance Guarantee Association (CIGA), will not be held responsible for covering workers’ comp claims filed by 500 of the staffing agency’s employees who were insured by insolvent carrier...
Legislative watchdogs put a fresh spin on traditional lobbying techniques
Nov 8 2004 // Lobbying has been around for as long as any single profession has been around, but it has changed. It isn’t what it used to be,” said John Norwood, managing partner of Norwood & Mattoch, one of...
