Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Industry Says Good-bye to Familiar Faces
Dec 15 2003 // The insurance industry lost a number of familiar faces in 2003. Some were company presidents and CEOs; some may not have been as well known but were still instrumental in shaping the industry and its future. Insurance...
Industry Says Good-bye to Familiar Faces
Dec 15 2003 // The insurance industry lost a number of familiar faces in 2003. Some were company presidents and CEOs; some may not have been as well known but were still instrumental in shaping the industry and its future. Insurance...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
Calif. Chiropractors, Med Clinic Owner Charged with Fraud
Dec 12 2003 // Two Southern California chiropractors and a medical clinic owner were arrested on charges of workers’ compensation fraud following two investigations by the California Department of Insurance (CDI) Fraud...
Horace Mann Estimates Impact of Calif. Wildfires; Lowers 2003 Earnings Estimate
Dec 9 2003 // Illinois-based Horace Mann Educators Corporation estimates its policyholder claims from wildfires in Southern California will total approximately $12.5 million pretax. Reflecting anticipated recoveries from the...
IBHS Congress Hears of Impact from Disasters, Mold, Recent Hard Market
Dec 9 2003 // Disasters, both natural and man-made, as well as mold, construction defect and a recent hard market have impacted the U.S. economy and the insurance industry as a whole, according to a leading property/casualty...
Calif. SLA Stamping Office Celebrates 65th Anniversary
Dec 9 2003 // Ted Pierce, executive director of the Surplus Line Association of California (SLA) announced that Dec. 1, 2003 marks the 65th anniversary of the organization’s stamping office. On this date in 1938, California...
Calif. Duo Sentenced to Federal Prison in Fraud Scheme
Dec 8 2003 // 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...
McGraw Appointed to Board of Employers Direct
Dec 5 2003 // Michael McGraw, president and CEO of The McGraw Group of Affiliated Companies, has been named a director of Employers Direct Insurance Company. Employers Direct is the first new workers’ compensation insurance...
Armstrong/Robitaille Insurance to Acquire Knight Insurance Agency
Dec 4 2003 // UBOC Insurance Inc., a wholly-owned subsidiary of Union Bank of California, N.A., announced that Armstrong/Robitaille Insurance Services has signed a definitive agreement to acquire Knight Insurance Agency....
Keenan & Assoc. Advisory Board Formed to Help Guide Public Sector Strategy Initiatives
Dec 4 2003 // Torrance, Calif.-based Keenan & Associates, the largest privately held brokerage firm in California, announced the appointment of Alain C. Enthoven, Ph.D., to the company’s newly formed Advisory Board of thought...
Calif. State Fund Files For Rate Decrease
Dec 4 2003 // State Compensation Insurance Fund – California’s largest workers’ compensation insurance carrier – has filed for an average 2.9 percent rate decrease effective Jan. 1 2004. The decrease is within...
Calif. Commissioner Announces Substantial Reductions in Workers’ Comp Insurers’ Rate Filings
Dec 4 2003 // Insurance Commissioner John Garamendi announced that workers’ compensation pure premium rates filed by insurers to date are below current rates by an average 3.6 percent, a “clear sign” that the historic...
Calif. State Fund Files For Rate Decrease
Dec 3 2003 // State Compensation Insurance Fund – California’s largest workers’ compensation insurance carrier – has filed for an average 2.9 percent rate decrease effective Jan. 1 2004. The decrease is within...
AIA Says Calif. Workers’ Comp Reforms Need More Work
Dec 2 2003 // Recently passed workers’ compensation reforms should reduce costs for California employers, but “now is the time to finish the job and completely fix what has become the most expensive, dysfunctional...
9 Programs That May Just Fit the Bill
Dec 1 2003 // The December 2002 Insurance Journal “program directory” issue highlighted eight programs that the editorial staff considered to be unique, interesting or tough to find. This year we’ve added one more to...
9 Programs That May Just Fit the Bill
Dec 1 2003 // The December 2002 Insurance Journal “program directory” issue highlighted eight programs that the editorial staff considered to be unique, interesting or tough to find. This year we’ve added one more to...
Appeals Court Orders Ford to Pay $23.7 million
Nov 28 2003 // A California appeals court has ordered Ford Motor Co. to pay $23.7 million in damages after the U.S. Supreme Court dismissed a $290 million award in the same case. According to Ford, the original $290 million award to the...
California Wildfire Claims Reach 12,700
Nov 28 2003 // According to recent reports, insurers have received more than 12,700 claims relating to the California wildfires. Losses from the fires that ravaged Southern California in October are now estimated to approach close to...
Former Calif. Agent Sentenced to Six Years
Nov 26 2003 // David Alfred Tetley, 50, a former insurance agent, was sentenced to six years in state prison and ordered to pay restitution to victims after pleading guilty to six felony counts of Financial Elder Abuse and Grand...
