Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
AIA Applauds Defeat of Financial Privacy Legislation in California
Jun 29 2001 // According to the American Insurance Association (AIA), following a second lengthy hearing, the Assembly Banking Committee recently voted to kill a bill that would have interrupted the California information economy. The...
TurboCoverage, CVR Agree on Insurance Platform
Jun 28 2001 // TurboCoverage, a web-based auto insurance service for auto dealerships, has formed a partnership with Computerized Vehicle Registration (CVR), a provider of electronic vehicle registration, to market the TurboCoverage...
Mencarelli Named President, COO of USI Northern Calif.
Jun 28 2001 // R. Scott Daugherty, chairman and CEO of USI Northern California, announced that Kevin Mencarelli had been promoted to president and COO of USI Northern California. Mencarelli joined USI Northern California in November 1998...
Agents Say Consumers Have More Attractive Auto Options
Jun 28 2001 // Agents and brokers will weigh in this week on California’s new low-cost auto insurance program at hearings held by the California Department of Insurance (CDI), reporting that they have been swamped by calls from...
A.M. Best Drops Ratings on Pair of Calif. Workers’ Comp Carriers
Jun 27 2001 // A.M. Best dropped the financial strength ratings on two California workers’ comp carriers–Encino-based Republic Indemnity Insurance Pool and Woodland Hills-based Zenith National Insurance Group– from...
ICAT Managers Names Hank Perry California Regional Vice President
Jun 26 2001 // International Catastrophe Insurance Managers LLC, a leading provider of commercial catastrophe insurance, recently announced the appointment of Hank Perry as regional vice president for California. Based in Orange County,...
NAII Says Calif. Bill Moves Uninsured Motorist Coverage in Wrong Direction
Jun 25 2001 // According to the National Association of Independent Insurers (NAII), a bill advanced by California legislators on June 20 would expand uninsured motorist insurance coverage to include willful criminal acts —...
Umberg Announces Committee for Calif. Insurance Commissioner
Jun 25 2001 // Former Democratic Assemblyman and Federal Prosecutor Tom Umberg announced the formation of a campaign committee for California State Insurance Commissioner. Umberg represented Orange County in the Assembly from 1990 to...
Earthquake Awareness: Not Just a California Thing Anymore
Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...
Banning Major Earthquakes-A Savvy, Market-Saving Move
Jun 25 2001 // Apparently, we’ve licked that quake insurance problem. Faced with the devastation (property and market) wrought by the Northridge Earthquake and the realization by insurers that the loss models they had carefully...
CALIF. FAIR PLAN STRETCHES
Jun 25 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...
PAULA, GNU Begin Process Toward Eventual Consolidation
Jun 25 2001 // Pasadena, Calif.-based PAULA Financial (PAULA) and the managing general agency Great Northern Underwriters (GNU) of Portland, Ore., recently entered into a partnership, the first step of which entails the incorporation of...
Auto Club Says Calif. Teen Driving Law Could Prevent Nearly 100,000 Crashes in Next Decade
Jun 22 2001 // According to the Automobile Club of California California’s Graduated Driver Licensing Law (GDL), one of the toughest teen driving laws in the nation, will have a major impact on the number one killer of teens...
New Lawsuit Against Crédit Lyonnais – French Gov’t. Responds
Jun 21 2001 // California Attorney General Bill Lockyer’s lawsuit against Crédit Lyonnais (CL) and a number of other defendants, filed Tuesday in San Francisco, is the latest legal action involving the French bank and its...
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...
