Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Former San Diego Agent Receives Seven Year Sentence
Jun 21 2001 // The California Department of Insurance (CDI) announced that Ronald Allen Prasky, 31, owner and operator of Border Pacific Insurance Services, was sentenced in San Diego Superior Court today to seven years in state prison....
Calif. Commissioner Announces Geographic Expansion of FAIR Plan
Jun 19 2001 // California Insurance Commissioner Harry W. Low issued an order expanding the geographic areas eligible for coverage through California’s Fair Access to Insurance Requirements (FAIR) Plan. The Order expands the FAIR...
Lincoln General Speeds into Calif. Nonstandard Auto Market
Jun 18 2001 // A new insurer is taking on the nonstandard auto market in California. Lincoln General Insurance Co., a subsidiary of Kingsway Financial Services Inc., is now licensed to start selling nonstandard auto insurance in the...
Griffiths Insurance Agency, Suhr Risk Services Merge
Jun 18 2001 // Griffiths Insurance Agency and Suhr Risk Services of California Insurance Brokers have completed a merger agreement. Dating back to 1910, Griffiths Insurance Agency offers comprehensive insurance, risk management, and...
Griffiths Insurance Agency, Suhr Risk Services Merge
Jun 15 2001 // Griffiths Insurance Agency and Suhr Risk Services of California Insurance Brokers have completed a merger agreement. Established in 1910, Griffiths Insurance Agency offers comprehensive insurance, risk management, and...
Bills Threatening Confidentiality Pass California Assembly
Jun 13 2001 // Two bills that could radically restrict a court’s authority to enter orders that protect settlement agreements and sensitive discovery information from the public eye passed the California Assembly and Senate. Both...
California State Assembly Approves Premium Tax Bill
Jun 11 2001 // Legislation sponsored by the American Insurance Association (AIA) moved one step closer to becoming law when the California State Assembly voted Thursday to approve a measure continuing the 20-percent premium tax credit...
Alleged Bail Bond Fraud Gives Industry Black Eye
Jun 11 2001 // A number of agents and a colleague from Ray’s Bail Bonds in Riverside, Calif., found themselves on the other end of the bailing out process last month when more than 200 felony counts were levied against them for...
Financial Services Integration: A Question of Privacy
Jun 11 2001 // Mailboxes throughout the West have been rapidly filling with literature outlining the “Privacy Policy” of virtually every organization that has ever taken a credit application. As the Gramm-Leach-Bliley Act...
Coverages for Contractors: Only the Strong Survive as a Tough Market Gets Tougher
Jun 11 2001 // What’s the biggest problem area in the California insurance market these days?” When asked that question, most in the know would probably, without any hesitation, reply, “Workers’ comp.” But...
Misrahy Takes Helm at Fremont
Jun 11 2001 // Mary-Lou Misrahy was recently named president of Fremont Compensation Insurance Co. Misrahy, with more than two decades of corporate leadership experience, knows she has some big challenges ahead of her, but she is ready...
Argonaut Exec Michael Nolan Named President of CWCI
Jun 8 2001 // J. Michael Nolan, senior vice-president, general counsel and secretary of Argonaut Insurance Company, was named the new president of the California Workers’ Compensation Institute. The CWCI is an Oakland-based...
California State Senate Approves Bill to Ban Confidential Agreements
Jun 8 2001 // Despite strong opposition from the business community, the California State Senate narrowly approved a trial-lawyer sponsored measure that will give public access to potentially all information exchanged during the civil...
Nationwide Insurance Joins California Community Investment Consortium
Jun 7 2001 // Impact Community Capital announced that Nationwide Mutual Insurance of Columbus, Ohio, has joined its growing membership of California insurers committed to voluntary community investments. Nationwide officials said the...
NAII Calls Defeat of Privacy Bill Victory for Calif. Consumers
Jun 5 2001 // Financial privacy legislation that would have limited services to policyholders and increased costs for insurers failed to reach a majority vote Wednesday in California’s Assembly Banking & Finance Committee. At...
Financial Services Integration: A Question of Privacy
Jun 4 2001 // Mailboxes throughout the West have been rapidly filling with literature outlining the “Privacy Policy” of virtually every organization that has ever taken a credit application. As the Gramm-Leach-Bliley Act...
Calif. Assembly Banking Committee Stalls Financial Privacy Measure
Jun 1 2001 // Following a late night hearing, the California Assembly Banking Committee voted to kill a bill that would have required financial institutions to gain consent from their customers before sharing information with their...
Canada’s Kingsway To Commence Offering Non-Standard Automobile Insurance In California
May 29 2001 // Kingsway Financial Services Inc. announced that it would commence writing non-standard automobile insurance in California, through its wholly owned subsidiary, Lincoln General Insurance Company. The company received...
Fresno, Calif. Couple Charged with Insurance Fraud
May 29 2001 // California Department of Insurance (CDI) Fraud Investigators have arrested a Fresno resident on auto insurance fraud charges. Kyle Cory Bettencourt, 27, was arrested and booked into the Fresno County Jail on May 22, 2001....
Agents Must Comply with GLBA Despite Failure of California Bill
May 25 2001 // Agents and Brokers were notified recently that they are required to comply with consumer privacy portions of the Gramm-Leach-Bliley Act (GLBA) despite the failure of a bill in the California legislature. Congress enacted...
