Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Managed Care Tension Builds in Calif.
Jun 1 2000 // The California Medical Association (CMA) filed a lawsuit on May 25 in U.S. District Court in San Francisco against three leading health plans in the state. The suit accuses Health Net, Blue Cross of California and...
A.M. Best Completes Year-End Review Of Calif. Workers’ Comp Carriers
May 30 2000 // A.M. Best Co.’s year-end review of insurance carriers with concentrated exposure to the volatile California workers’ comp market culminated in the downgrades of three large carriers in this market over the past...
Quackenbush Alleges ‘Political Ambush’ Faces Holocaust Questions
May 29 2000 // The beleaguered California Insurance Commissioner Chuck Quackenbush is the victim of a vicious smear campaign, his newly hired defense attorney is contending. At the May 23 Senate Insurance Committee Oversight hearing,...
COURT RULES FOR ACE
May 29 2000 // The Superior Court of the State of California recently made a ruling favorable to ACE Ltd. in a lawsuit brought about by subsidiaries of AIG and Chubb. The lawsuit focused on a restructuring plan implemented in 1996 by INA...
A Hard Sell for the CDI
May 29 2000 // Although the California Department of Insurance (CDI) is still tied up in the defense of its Insurance Commissioner, the sale of Superior National Insurance Co. remains a high priority item on the department’s...
Moratoriums Add Up in Calif.’s Nonstandard Market
May 29 2000 // Could it be that the California nonstandard auto market is hardening? Looking back to the beginning of the year, many companies lowered their personal auto rates in California in an effort to gain market share, but...
SCHOOL RULES FOR THE NEW MILLENNIUM: School Districts Face New Risks from the Playground to the Clas
May 29 2000 // With the new millennium comes a complex array of challenges to America’s public schools. Among them are the need to improve academic performance, reduce overcrowded classrooms, meet the needs of a growing number of...
WCIRB Reports Final Summary of 1999 Year-End Results for California
May 26 2000 // On May 25, the Workers’ Compensation Insurance Rating Bureau (WCIRB) released its final summary of year-end statewide results, updating a preliminary summary released April 7, 2000. The WCIRB continues to report...
Quackenbush Refuses to Testify; Retains Attorney
May 24 2000 // California Insurance Commissioner Chuck Quackenbush refused to testify before a legislative committee Tuesday upon the advice of his attorney, saying he would not walk into a “political ambush.” “I have...
Court Rules in Favor of ACE in Calif. Lawsuit
May 23 2000 // The Superior Court of the State of California recently made a ruling favorable to ACE Ltd. in a lawsuit brought against that company by subsidiaries of AIG and Chubb. The lawsuit focused on a restructuring plan implemented...
Calif. Watchdog Bill on Hold
May 19 2000 // Assembly Bill 1738, the bill to form a consumer “watchdog” association for the insurance industry, didn’t get too far in the California Senate Appropriations Committee this week. The bill was placed in...
Calif. Commissioner Quackenbush Charged With Holocaust Deal
May 17 2000 // Fresh charges were thrown at California’s legally embattled insurance commissioner Tuesday, when a state representative accused him of entering “possibly illegal” deals with Holocaust-era insurers. In a...
Fireman’s Fund Chooses CompPartners HCO
May 17 2000 // Fireman’s Fund insurance Co. (FFIC) selected CompPartners, an Irvine-based workers’ comp health care organization (HCO), to provide HCO services in California. Joseph Wells, vice president of workers’...
NAII Protests Calif. Earthquake Bill
May 17 2000 // A new earthquake bill would invite an avalanche of claims, the National Association of Independent Insurers (NAII) said yesterday. Senate Bill 1899 lifts the statute of limitations that would otherwise bar plaintiffs from...
S&P QUEASY ON CA. W/C
May 15 2000 // Standard & Poor’s (S&P) has placed its ratings on several insurance companies with significant exposure to the California workers’ comp market on CreditWatch with negative implications. These rating...
Quackenbush Investigation Far From Over
May 15 2000 // It began back in March, when lawmakers demanded that California Insurance Commissioner Chuck Quackenbush appear at an April 27 hearing and produce confidential reports his office prepared on the handling of Northridge...
AB 2733 Targets Road Rage in California
May 10 2000 // AB 2733, passed out of the Assembly Transportation Committee yesterday, would create new penalties for brandishing a firearm or other deadly weapon while driving a vehicle. The bill also proposes to include driver’s...
Hilb, Rogal and Hamilton Outlines This Year’s Acquisitions
May 10 2000 // Hilb, Rogal and Hamilton Co. has completed three fold-in acquisitions, expanding the company’s operations in southern California, Dallas and Orlando. In Newport Beach, Calif., Hilb, Rogal and Hamilton subsidiary...
S&P Places Workers’ Comp Insurers on WatchNeg
May 10 2000 // Standard & Poor’s has placed its ratings on several insurance companies with significant exposure to the California workers”comp market on CreditWatch with negative implications. These rating actions,...
AB 2639 To Be Heard May 10 in Calif. Assembly Insurance Committee
May 9 2000 // AB 2639 (Calderon) will be heard on May 10. The bill was originally scheduled for hearing on April 12, but was pulled from the calendar after last-minute opposition from the California Department of Insurance (CDI) and the...
