Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
S&P Removes State Fund from Credit Watch
Aug 8 2000 // Standard & Poor’s (S&P) removed State Compensation Insurance Fund (SCIF), California’s largest workers’ comp carrier, from “Credit Watch” status and reaffirmed the company’s A...
Davis Appoints California Insurance Commissioner
Aug 7 2000 // On July 31, California Gov. Gray Davis appointed retired Court of Appeal Justice Harry Low to replace former Insurance Commissioner Chuck Quackenbush who resigned from office last month. The 69-year-old Democrat served as...
Are Calif. Agents Giving Low-Cost Auto the Cold Shoulder’
Aug 7 2000 // California’s low-cost auto insurance program is off and running, but a major question has already come up regarding those agents who are certified to write business for the program-how willing are they to actively...
Calif. Nonprofits Charitable Risk Pool Plans National Expansion
Aug 7 2000 // For more than a decade, National Insurance Alliance of California (NIAC) has borne the unique distinction of being a nonprofit organization which insures other nonprofit groups in the state of California. Now, thanks to a...
Davis Appoints California Insurance Commissioner
Aug 7 2000 // On July 31, California Gov. Gray Davis appointed retired Court of Appeal Justice Harry Low to replace former Insurance Commissioner Chuck Quackenbush who resigned from office last month. The 69-year-old Democrat served as...
Legislators Called on to Enact Calif. Ins. Policyholder Bill of Rights
Aug 4 2000 // Representatives of California’s leading consumer protection organizations and a representative of the Northridge earthquake victims’ association, Community Assisting Recovery (CARe), challenged legislators...
State Farm Cuts Auto Rates in California
Aug 4 2000 // Further evidence that the personal auto market is far from making a complete turn: State Farm, California’s largest insurer of passenger cars, will drop rates in the state an average of 5.0 percent, effective Sept....
Auto Parts Distributor Files Lawsuit, Declares Replacement Parts Ruling Invalid In California
Aug 2 2000 // Collision Parts Network, a Fresno auto parts distributor, filed a lawsuit asking a California Supreme Court to declare the 1999 Illinois court decision that resulted in insurers suspending their use of competitive...
California Insurance Commissioner Appointed
Aug 1 2000 // California Gov. Gray Davis appointed on Monday retired Court of Appeal Justice Harry Low to replace former Insurance Commissioner Chuck Quackenbush who resigned from office last month. Low, 69, served as a judge in the San...
Mercury General Releases Second Quarter Results, President to Step Down
Jul 31 2000 // Mercury General Corp. has reported net operating earnings for the second quarter of 2000 were $25.6 million, or $.47 per diluted share, compared with $33.9 million, or $.62 per diluted share in 1999. For the full six...
Calif. Company Offers Coverage For Online Auction Purchases
Jul 28 2000 // WebTradeInsure recently began offering E-marketplace Internet fraud protection insurance for online auction purchases. In doing so, the La Jolla, Calif.-based company has achieved the distinction of founding a new niche in...
‘I’m Sorry’ Bill Signed Into Calif. Law
Jul 27 2000 // California Governor Gray Davis signed a new bill into law on July 24 that says apologies or “benevolent gestures of sympathy” cannot be used or interpreted as admissions of guilt or liability in California...
Calif. Surplus Line Association First Half Figures Down
Jul 20 2000 // The Surplus Line Association of California (SLA) reported that during the first six month of 2000, it had processed $812,9953,889, a figure representing an almost 1.2 percent decrease from the $822,740,064 processed during...
Kemper to Take Control of Superior National
Jul 19 2000 // The negotiations are still in the works, but the fact is that Kemper Insurance Companies has won the right to take over Superior National Insurance Co. On May 3, the California Department of Insurance (CDI) issued a...
Cracks in the Plaster: Construction Defect Litigation
Jul 19 2000 // “You put up these buildings. Even though no one has noticed anything wrong, no one has been injured, nothing has been damaged; by virtue of the fact that you put them up, there must be defects in them. Therefore we...
Former Calif. Commissioner Joins WCC Online Corporate
Jul 19 2000 // Former California insurance commissioner, John Garamendi, was recently elected to the WCC Online corporate Board of Directors. Through its WorkComp.Com operating subsidiary, WCC Online Inc., is developing an...
Acting Calif. Commissioner Announces Closing of Legal Actions
Jul 18 2000 // Acting California Insurance Commissioner Clark Kelso announced the decision to close an investigation by the California Highway Patrol (CHP) into unauthorized disclosures by Department of Insurance employees of...
Feds Join Investigation of Calif. Insurance Department
Jul 12 2000 // Federal authorities have joined California state officials in their investigation of corruption in the state’s department of insurance. The Los Angeles Times reports that the federal involvement gives prosecutors...
NAII Looks to Reverse Court Ruling, Files Friend of the Court Brief
Jul 11 2000 // The National Association of Independent Insurers (NAII) filed a friend of the court brief on June 28 asking for a reversal of a California Superior Court ruling related to the case of Lugo v. Allstate Insurance Company....
Calif. Commissioner Quackenbush Resigns; Probes Continue
Jul 10 2000 // California Insurance Commissioner Chuck Quackenbush resigned June 28 after months of accusations that he used millions of dollars from an earthquake fund established by his office to further his political career. He was to...
