Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
NAII Urges Calif. Gov. to Veto Workers’ Comp Bill
Feb 11 2002 // To avoid further crippling California’s weakened economy, Gov. Gray Davis should veto workers’ compensation legislation that is significantly out of balance according to the National Association of Independent...
Consumer Group Criticizes Calif. Commissioner over Protection Opportunities
Feb 11 2002 // According to the San Francisco Chronicle, California Insurance Commissioner Harry Low is under fire as insurance companies and consumer groups debate a new proposal stating how personal financial information can be sold or...
NAII Says Proposed Calif. Privacy Regulations Need Modifying
Feb 11 2002 // California’s proposed privacy standard includes unauthorized, unnecessary provisions that should be amended so consumers can better understand their rights, and companies can more easily comply with the regulations...
PIFC Explains Insurers’ Role for Salvaged Vehicles
Feb 11 2002 // The California Senate Insurance Committee recently convened a hearing with member companies of the Personal Insurance Federation of California (PIFC) to discuss how auto insures are complying fully with state vehicle code...
Commercial Auto Agents: Between a Rock and a Hard Market
Feb 11 2002 // The cyclical ups and downs of the multisegmented arena referred to collectively as commercial auto are nothing new. Though the years referred to as “soft” and “hard” vary in both length and...
Consumer Organization Files Suit Against Three Auto Insurers
Feb 11 2002 // Harvey Rosenfield’s California-based Foundation for Taxpayers and Consumer Rights (FTCR) filed separate lawsuits on Jan. 9 against three major auto insurers, Geico Corp., SAFECO Corp., and the Automobile Club of...
CDI APPROVES CE COURSE
Feb 11 2002 // Infinity/Leader Insurance, a member of Great American Insurance Group, was recently approved by the California Department of Insurance to teach a four-hour CE course called “Professional Field Underwriting.”...
CDI Releases New Auto Premium Comparison Survey
Feb 7 2002 // The California Department of Insurance (CDI) announced the latest edition of the Automobile Insurance Premium Comparison Survey on its web site at www.insurance.ca.gov. The new Automobile Insurance Premium Comparison...
Calif. Legislature Approves Bill to Raise Benefits for Injured Workers
Feb 6 2002 // California legislators ushered in a measure to raise workers’ compensation benefits for injured workers through both houses Feb. 4. The bill now awaits signature by Gov. Gray Davis according to the American Insurance...
Workers’ Comp Benefits May Increase in Calif.
Feb 5 2002 // Gov. Gray Davis has reached an agreement with organized labor, trial lawyers, and Democratic lawmakers to increase benefits for injured workers, while at the same time, restricting employers’ costs for providing...
Calif. Man Surrenders on Fraud Charges
Feb 5 2002 // Michael Vannostran, 24, of San Clemente, surrendered after an arrest warrant was filed by the Orange County District Attorney’s Office charging him with two counts of insurance fraud. Vannostran surrendered at the...
Investigation Reveals Widespread Auto Fraud Continues in Calif.
Feb 4 2002 // A new investigation by the Bureau of Automotive Repair (BAR) reveals widespread billing fraud and repair defects have continued across California, according to the Los Angeles Times. The 18-month investigation spawned last...
CDI Approves Infinity/Leader’s CE Course
Jan 30 2002 // Infinity/Leader Insurance, a member of Great American Insurance Group, has recently been approved by the California Department of Insurance to teach a four-hour continuing education course called “Professional Field...
Calif. Man Arrested for Auto Insurance Fraud
Jan 30 2002 // Investigators from the Fresno Regional Office of the California Department of Insurance (CDI) Fraud Division, served a warrant for arrest on Ali Saeed Echtibi at his residence in Fresno for his alleged involvement in a...
E&S Lines Basking in the Warm Glow of a Hard Market
Jan 28 2002 // Early in 2000, insurance prices started doing something they had not done in almost 15 years. They began to increase, and they kept growing at a modest pace into the third quarter of 2001, when the events of September 11...
IBA West President Pledges to Serve Diverse Communities
Jan 28 2002 // With the installation of Joseph Hernandez as president, the West Coast’s largest regional trade association of independent agents and insurance brokers will enter a new era where the insurance industry and political...
CIWA ENDORSES CALDERON
Jan 28 2002 // The California Insurance Wholesalers Association endorsed Assemblyman Thomas Calderon in his bid to become the next Insurance Commissioner in California. Calderon has won the support of a number of groups, including: The...
Putting Parameters on Terror
Jan 28 2002 // One month ago, when the insurance industry resigned itself to the fact that there would be no immediate provision of a federal terrorism reinsurance backstop, the reactions of individual states to this reality became a...
INSURER EXITS CALIF. HOMEOWNERS
Jan 28 2002 // According to the Los Angeles Times, after a threeyear experiment, California-based 21st Century Insurance has decided to stop selling homeowners insurance in the state. Instead, 21st Century will refer customers to...
SCOR Launches Multi-Continental CAT Bond with RMS Technical Help
Jan 28 2002 // On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical analysis and parameters provided by Newark, Calif.-based Risk Management Solutions (RMS)...
