Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
CIWA Endorses Civil Justice Association of California’s Ballot Initiative
Apr 2 2004 // The California Insurance Wholesalers Association (CIWA), an industry group of wholesale insurance brokerage operations, has endorsed the Civil Justice Association of California’s Ballot Initiative to Reform...
Insurex, Frontier General Launch New Calif. Workers’ Comp Product with ACE Casualty Risk
Apr 1 2004 // San Diego-based insurance brokerage Insurex Inc. and Oakland, Calif.-based Frontier General announced the release of a new workers’ compensation product in California with ACE Casualty Risk, a division of ACE USA....
Dozens Arrested for Auto Body Insurance Fraud in Northern California
Apr 1 2004 // A multi-agency enforcement unit conducted a sweep April 1 that has to date resulted in the arrests of 27 suspects following a year-long undercover investigation into auto body insurance fraud. Warrants were issued by the...
PAULA Financial Reports Net Income for Fiscal 2003
Mar 31 2004 // PAULA Financial reported net income for the fourth quarter of 2003 of $0.08 per share compared to $0.03 per shares for the 2002 period. Total revenue for the fourth quarter of 2003 was $5.2 million compared to $4.0 million...
California Governor Optimistic About Reaching Deal on Workers’ Comp
Mar 31 2004 // Governor Schwarzenegger is optimistic about reaching a deal with lawmakers soon on reforming the state’s workers’ comp system, according to Reuters. The governor and legislators have been in talks for days, but...
Nine “Insider Insurance” Conspirators Arrested in California
Mar 30 2004 // State Insurance Commissioner John Garamendi announced the arrests of nine suspects today by the California Urban Auto Fraud Task Force for embezzlement, conspiracy and tax evasion in connection with an...
Former N.Y. Arena Football Star Arrested on Workers’ Compensation Fraud in Calif.
Mar 30 2004 // Superintendent of Insurance Gregory V. Serio announced that Chris Perry, a former star on the Buffalo Destroyers arena football team, has been arrested in California on grand theft charges.Perry, who began collecting New...
New Appointments at Calif.-based ABD
Mar 29 2004 // Redwood City, Calif.-based ABD Insurance and Financial Services announced several new appointments. Sam Jones will become president, Property/Casualty. Jones assumes responsibility for the company’s entire...
Norwood & Assoc. Adds Capitol Veterans
Mar 26 2004 // The Sacramento-based lobbying firm of Norwood & Associates announced that Michael Mattoch and Peter Conlin have joined the firm. Mattoch, formerly chief consultant and counsel to the California Assembly Insurance...
Western Growers Endorses Workers’ Comp Initiative
Mar 25 2004 // Western Growers’ board of directors last week unanimously voted to endorse the Workers’ Compensation Reform and Accountability Act, the proposed workers’ compensation initiative. The Act targets fraud and...
Workers’ Comp Provider CRM Expands into Calif. with Three New Programs
Mar 25 2004 // To respond to the growing needs in California for affordable workers’ compensation insurance, Compensation Risk Managers (CRM) has begun offering coverage through three new programs, available through independent...
ESIS Appoints Burkhardt Assistant VP for So. Calif.
Mar 24 2004 // ESIS Inc., the risk management services arm of ACE USA, announced the appointment of Edward Burkhardt as Assistant Vice President, Client Services. Burkhardt will be based in Los Angeles and will have overall...
Calif. Commissioner Issues Workers’ Comp Rate Proposal
Mar 23 2004 // Calif. Insurance Commissioner John Garamendi made the following statement regarding his issuance of a rate proposal to ensure that workers’ compensation reform savings are passed on to employers: “During the...
Workers in Mass., Pa. Fare Better After Injuries Than In Other States
Mar 22 2004 // Injured workers located in Massachusetts and Pennsylvania report more satisfactory outcomes than their counter parts in Texas, according to a study by the Workers’ Compensation Research Institute (WCRI). The study,...
Employers Direct Contracts with No. Cal. Builders Assoc.
Mar 22 2004 // Employers Direct Insurance Company (EDIC) has contracted with the Home Builders Association of Northern California (HBANC) to provide workers’ compensation insurance coverage to selected members. EDIC works directly...
Calif. Governor Wants Workers’ Comp Fix in a Week
Mar 22 2004 // Gov. Arnold Schwarzenegger warned state legislators that unless they reach a deal next week to repair California’s costly workers’ compensation system, he’ll bypass them and go to voters to fix the...
Revised Workers’ Comp Estimates Misconstrued by Senator, Commissioner
Mar 22 2004 // California Senator Richard Alarcón (D-San Fernando Valley) came down on the insurance industry March 10, demanding that workers’ compensation insurers cut their premium rates immediately to reflect revised industry...
NAMIC First to Join PIFC as Associate Member
Mar 22 2004 // The National Association of Mutual Insurance Companies (NAMIC) recently joined the Personal Insurance Federation of California (PIFC) as an associate member. According to Jerry Davies, PIFC communications director, NAMIC...
Applicant Attorneys Desperate to Maintain Job Killing Work Comp System
Mar 22 2004 // Applicant attorneys, labor and industrial physicians are attempting to divert attention from the real cost drivers in California’s workers’ compensation system. Despite overwhelming evidence from the Insurance...
Workers’ Comp Reform: Legislative Deal or Ballot Initiative’
Mar 22 2004 // California Governor Arnold Schwarz-enegger said in a March 11 press conference that he might be willing to compromise with legislators on workers’ comp reforms after some key industry figures were revised, according...
