Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
ACIC’s Fuller Comments on Workers’ Comp Reform
Feb 12 2004 // Jeffrey Fuller, executive vice president and general counsel for the Association of California Insurance Companies, released the following statement in regarding workers’ compensation reform: In 2003, the legislature...
California StoneGate and Heffernan Insurance Brokers to Merge
Feb 11 2004 // On Jan. 15, 2004, Tom Hebson, vice president and CFO of California StoneGate Insurance Services and F. Mike Heffernan, president of Heffernan Insurance Brokers, signed a letter of intent for a proposed merger between the...
Group Urges Calif., N.Y. Regulators to Probe Broker Practices
Feb 11 2004 // A conservative legal group has called for insurance regulators and attorneys general in California and New York to investigate conflicts of interest they say are caused by placement service agreements (PSAs) and the...
CDI Awards Experior Examination Development Contract
Feb 9 2004 // Experior Assessments, LLC announced that the California Department of Insurance (CDI) has awarded Experior a multi-year contract for the development of California’s insurance licensing examinations. “We are...
U.S. Senate Majority Leader Optimistic as 2004 Unfolds
Feb 9 2004 // He came to Washington, D.C., with a background steeped in medicine. U.S. Senate Majority Leader and Tennessee Republican Bill Frist has known first-hand the impact of the nation’s medical malpractice crisis and how...
Spotlight on Colorado
Feb 9 2004 // I recently had the opportunity to interview Colorado Commissioner Doug Dean to discuss the most prominent issues facing the Colorado insurance market. While Colorado may not be the hotbed of insurance maladies (like, say,...
Manning Riddell Named Defendant in Lawsuit
Feb 9 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). See the Jan. 24 and Jan. 26 stories on...
CWCI STUDY EXAMINES EVIDENCE-BASED MEDICINE IN WORKERS’ COMP:
Feb 9 2004 // The California Workers’ Compensation Institute has issued a new study examining the development and history of evidence-based medicine (EBM) as a tool for assuring appropriate, quality medical care, and its potential...
Faked Death Gets Fraud Conviction
Feb 9 2004 // Nev. Attorney General Brian Sandoval announced that District Judge Donald M. Mosley sentenced Purificacion Lobitos, age 56, to a maximum term of 32 months with a minimum term of 12 months in the Nevada Department of...
Calif. Duo Sentenced to Federal Prison
Feb 9 2004 // Two Southland men were sentenced to federal prison for their convictions on charges related to a scheme in which one embezzled money from his employer and funneled it to members of his softball team. Angel Uribe, 33, of...
California Workers’ Comp Costs Per Claim Continue Rapid Growth
Feb 9 2004 // California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge,...
For Workers’ Comp Writers, 2004 May Be as Good as It’s Going to Get
Feb 9 2004 // After years of depressed pricing and a soft workers’ compensation market, prices are on the rise in many parts of the country, a trend analysts predict will continue through at least this year and probably next. The...
Three Years Later, Industry Puts Toxic Mold into Perspective
Feb 9 2004 // Whatever became of mold? Only three years ago, newspaper headlines, fueled by overzealous trial attorneys and misguided scientific information, trumpeted mold as “the next asbestos.” Since then, however, mold...
IBA West Membership Approves 2004 Resolutions
Feb 5 2004 // Members of the Independent Brokers and Agents of the West approved eight resolutions at the recent 2004 Installation of Officers and Directors and Annual Meeting in Los Angeles. Three of the eight resolutions address the...
Calif. Business Entities Unite Behind Single Ballot Measure to Overhaul Workers’ Comp
Feb 4 2004 // Key business organizations from across the state have joined forces to support a single ballot measure on the issue — the Workers’ Compensation Reform and Accountability Act. The Small Business Action Committee...
Keenan Appoints Molly Joel Coy to Advisory Board
Feb 3 2004 // Keenan, the largest privately held brokerage firm in California, announced the appointment of Molly Joel Coye, MD, MPH, to its Advisory Board. Dr. Coye served as the Director of the California Department of Health Services...
Calif. Commissioner Announces Settlement on Behalf of Survivors of Victims of Armenian Holocaust
Jan 28 2004 // California Insurance Commissioner John Garamendi announced a settlement in long running litigation between descendants of the victims of the Armenian Genocide and the New York Life Insurance Company. “During the late...
NAMIC REPORT DETAILS STATE TORT REFORM EFFORTS:
Jan 26 2004 // A report detailing state legislative efforts to reform the U.S. civil justice system was recently released by the National Association of Mutual Insurance Companies (NAMIC). The report, part of a NAMIC series regarding...
Natural Disasters More Severe and More Costly
Jan 26 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
New Trade Association Gives Voice to Calif. Insurers
Jan 26 2004 // A new California trade association has been formed to represent the needs of the state’s domestic insurers. The Pacific Association of Domestic Insurance Cos. (PADIC) began operations Jan. 1. Formed by several small-...
