Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Agent Pleads No Contest to Felony Counts
Nov 26 2001 // A Stockton insurance agent pled no contest to four felony counts earlier this month in the San Joaquin Superior Court. Kim Lorene Lawrence, 40, made the plea after being charged with 33 felony counts consisting of...
CA Supreme Court Reaffirms: 7 Years After Northridge, Insurers Can Be Sued
Nov 26 2001 // The California Supreme Court recently upheld the new law that insurance companies can be sued for their failure to cover damage that their adjusters mistakenly overlooked, even when the legal deadlines for such lawsuits...
Calif. State Fund Placed on CreditWatch
Nov 20 2001 // Standard & Poor’s yesterday placed its ratings on California State Compensation Insurance Fund on CreditWatch with negative implications. The counterparty credit and financial strength ratings on the fund are...
UnionBanCal to Acquire Armstrong/Robitaille
Nov 20 2001 // UnionBanCal Corporation announced that its Union Bank of California, N.A. subsidiary signed a definitive agreement to purchase Fullerton, Calif.-based Armstrong/Robitaille Business and Insurance Services, a regional...
Former Insurance Head Chosen for California State Automobile Association
Nov 20 2001 // The California State Automobile Association, second largest affiliate of the 44 million-member AAA federation, announced that James R. Pouliot has been named president and CEO. Pouliot, former president and COO of the...
NAII Encourages Calif. Supreme Court to Protect Insurers’ Competitive Edge
Nov 19 2001 // Two conflicting California appellate court decisions have insurers questioning whether the community service statements they must file are subject to public disclosure rules under the California Public Records Act. At...
NAAA Concludes Board Meeting at AIAT
Nov 13 2001 // The National Auto Agents Alliance (NAAA) held its third Board Meeting of the year in Arlington, Texas, on Nov. 2. For the fourth consecutive year, the meeting was held in conjunction with the Automobile Insurance Agents of...
PAULA Financial Nets Profit, Names New CEO
Nov 12 2001 // California-based PAULA Financial announced net income of $0.20 per share for the third quarter of 2001 compared to a net loss of ($0.26) per share for the 2000 period. Year to date the Company reported net income of $0.27...
CALIF. W/C RATE HIKE APPROVED
Nov 12 2001 // Insurance Commissioner Harry W. Low approved an increase of 10.2 percent in California’s advisory pure premium rate for workers’ compensation insurance. The rate increase was recommended by the Workers’...
IICF Honors Those ‘Bridging’ the Gap between Industry and Community
Nov 12 2001 // Of the many occasions the insurance industry has been called upon to come together as a whole, this past year was especially impressive for the way in which its members made contributions of both money and time to those in...
Bannister Tosses Name in Ring for California Commissioner Post
Nov 8 2001 // Wes Bannister has filed his name in the race to become the likely Republican nominee for the post of California Insurance Commissioner. Current Commissioner Harry Low has noted that he does not plan to run for the office...
California Supreme Court Rules Companies Can Be Sued
Nov 7 2001 // The California Supreme Court ruled on Nov. 5 that insurance companies may be sued in their failure to cover damage that their adjusters mistakenly overlooked, even if the legal deadlines for such lawsuits have...
Calderon Submits Paperwork in Run for California Commissioner
Nov 7 2001 // Assemblyman Thomas M. Calderon, chair of the Assembly Committee on Insurance, submitted Declaration of Intent paperwork to the Secretary of State’s office Nov. 2, formalizing his candidacy for California’s...
Calif.-Based Western Security Surplus Insurance Brokers Expands Operation
Nov 6 2001 // The Orange County/San Diego branch of Western Security Surplus Insurance Brokers Inc. has moved to larger facilities in Los Alamitos. Becky Hill, vice president and branch manager of the new offices, commented that the new...
Brown & Brown Makes Moves in Washington, California
Nov 5 2001 // Brown & Brown Inc. and Raleigh, Schwarz & Powell Inc. as well as Golden Gate Holdings Inc., based respectively in Tacoma, Wash., and Novato, Calif. announced the finalization of their previously announced merger...
Large-Scale California Auto Insurance Fraud
Oct 31 2001 // The Organized Auto Fraud Interdiction Task Force announced Oct. 25 the execution of search warrants on nine locations and the arrests of five individuals allegedly involved in a large-scale auto insurance fraud ring. The...
Calif. Commissioner Gives Approval to Advisory Pure Premium Rate
Oct 30 2001 // Insurance Commissioner Harry W. Low announced the approval of California’s advisory pure premium rate for workers’ compensation insurance, approving an increase of 10.2 percent in the advisory pure premium...
CIGA Bill Gets Approval in Calif. Legislative Session, SB 71 Falls Short
Oct 29 2001 // As the California Legislature wound up its 2001 session in mid-September, two workers’ compensation-related bills awaited their fate on the desk of Governor Gray Davis. AB 1183: CIGA Premium Surcharge In the case of...
IBN AFFILIATES WITH NAAA
Oct 29 2001 // The National Auto Agents Alliance accepted an application for affiliation from the Independent Broker Network. IBN is a 12-year-old organization headquartered in San Jose, Calif. IBN brings more than 380 California members...
Number of Calif. Workplace Deaths on the Decrease
Oct 26 2001 // The downward trend continued last year: the number of California workers killed on the job was the lowest since 1992 when the Department of Industrial Relations’ Division of Labor Statistics and Research (DLSR)...
