Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
SLA of Calif. Elects 2003 Officers
Feb 3 2003 // The Surplus Line Association of California (SLA) elected new officers for 2003 at their Annual Meeting held in Northern California on Jan. 14 and Southern California on Jan. 16, 2003. The members present elected Katie...
Ariz. DOI Makes Arrests in Ariz./Calif. Auto Fraud Scheme
Jan 31 2003 // The Arizona Department of Insurance Fraud Unit assisted the Phoenix Police Department’s Fugitive Apprehension and Investigations Detail in arresting Juan Reyes Marrufo, 35, Maricela Armenta, 34, and Cristina...
AAI Urges Calif. Legislative Panel Not to ‘Reinvent Wheel’ on Privacy
Jan 30 2003 // Further burdening insurers with onerous state-specific privacy requirements will only hurt the California insurance market with no corresponding benefit to consumers, a representative of the Alliance of American Insurers...
Risk Retention Groups Owning Up to Success
Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...
CDI Approves Terrorism Risk Insurance Act Endorsement
Jan 27 2003 // On Jan. 14, 2003, the WCIRB advised its members that several forms had been filed with the California Department of Insurance (CDI) related to the Terrorism Risk Insurance Act which became effective on Nov. 26, 2002. The...
Tarzana, Calif. Broker Pleads No Contest
Jan 27 2003 // Alfred Galoustian, 34, of Tarzana, Calif., pled no contest to two felony counts of grand theft. Galoustian was sentenced to 30 days in County Jail, 240 hours of community service, three years of summary probation, and...
Workers’ Comp: System Having Negative Impact on Calif.
Jan 27 2003 // If you are a commercial insurance broker in California, you know first-hand the frustration and concern of your customers when you offer quotes for workers’ compensation coverage. Average employers with good claims...
S&P’s Revises Western Growers Ins. Co. Rtgs to ‘R’
Jan 24 2003 // Standard & Poor’s Ratings Services said that it revised its counterparty credit and financial strength ratings on Western Growers Insurance Co. to ‘R’ from ‘CCCpi’. “The ratings...
Caliber Files Lawsuit Over State Regulators
Jan 24 2003 // In a lawsuit filed in the Los Angeles Superior Court recently, Irvine-based Caliber Collision Centers asked the court to compel the Bureau of Automotive Repair to stop engaging in a regulatory practice that is...
WCIRB Releases Summary of Terrorism Loss Cost Estimates for 11 States & D.C.
Jan 23 2003 // The California Workers’ Compensation Insurance Rating Bureau (WCIRB) has prepared and released a summary of loss cost estimates for 11 states and the District of Columbia that were published by the NCCI based on the...
WCIRB Releases Summary of Terrorism Loss Cost Estimates for 11 States & D.C.
Jan 22 2003 // The California Workers’ Compensation Insurance Rating Bureau (WCIRB) has prepared and released a summary of loss cost estimates for eleven states and the District of Columbia that were published by the NCCI based on...
Zenith Announces 4th Q Increase in Loss Reserves
Jan 21 2003 // Zenith National Insurance Corp. reported that its actuaries have completed a review of the loss and loss adjustment expense reserves of our insurance companies at Dec. 31, 2002 and have determined that it is necessary to...
Calif. WCIRB To Study Terrorism Costs
Jan 20 2003 // The Calif. Workers’ Compensation Insurance Rating Bureau (WCIRB) Governing Committee authorized the WCIRB to pursue developing estimates of potential terrorism losses for California. The estimates will be based upon...
Calif. Judge Overturns State Farm Trade Secrets Ruling
Jan 20 2003 // A Mendocino Country Superior Court judge has overruled the jury verdict in the case of two former State Farm agents vs. State Farm Mutual Automobile Insurance Company (IJ West, Sept. 2, 2002). Richard Pyorre and John Wier,...
Calif. DMV Revokes Allstate’s Electronic Access to Confidential Driver Records; Garamendi Supports Decision
Jan 17 2003 // The California Department of Motor Vehicles has revoked Allstate Insurance Company’s electronic access to confidential driver license and vehicle registration information, because the company reportedly failed to...
Calif. WCIRB To Study Terrorism Costs
Jan 17 2003 // The Calif. Workers’ Compensation Insurance Rating Bureau (WCIRB) Governing Committee authorized the WCIRB to pursue developing estimates of potential terrorism losses for California. The estimates will be based upon...
Doctors Pen Letter to Pres. Bush Regarding Med-Mal Crisis
Jan 16 2003 // Following remarks by President Bush, Thursday in Scranton, Pa., where he addressed the medical malpractice insurance crisis sweeping the nation, a letter was forwarded to the White House from a group of doctors. January...
Calif. Commissioner Appeals Northridge Earthquake Settlement Decision
Jan 14 2003 // Citing his responsibility to seek every legal remedy on behalf of California consumers and Northridge earthquake victims, California Insurance Commissioner John Garamendi filed to appeal court decisions upholding...
Calif. Pair Arrested on Felony Ins Fraud
Jan 13 2003 // Two Stanislaus County men were arrested on felony insurance fraud charges following an investigation by the California Department of Insurance, Criminal Investigations Branch’s Fraud Division. Robert L. Pritchett,...
PIFC Elects 2003 Board Chairman and Officers
Jan 13 2003 // Dan Dunmoyer, president of the Personal Insurance Federation of California (PIFC), announced that Daniel E. Kinney, California vice president-operations for State Farm Insurance Companies, will continue serving as the...
