California News

ROOM FOR EXPRESSION

The California Department of Insurance (CDI) insists the goal of a proposed emergency regulation is to make sure that insurers...

UTAH LEGISLATURE PASSES W/C BILL

The Utah State Legislature has passed HB 59, allowing subsidiaries of the state workers’ compensation fund to sell insurance to...

AMWEST RESTRUCTURES BANK DEBT

Calabasas-based Amwest Insurance Group has reached an agreement with Union Bank of California, N.A. to restructure its outstanding $13,633,077 term...

Plight of Quackenbush Whistle-Blower

A new measure, AB 363, was introduced by California Assemblyman Darrell Steinberg, D-Sacramento, in an attempt to bring about reforms...

NAAA FIRES BACK AT ALLIANCE

Following the American Agents Alliance’s recent announcement that the organization was disaffiliating from the National Auto Agents Alliance, NAAA Past...

FFIC Downgraded

Following sharp reserve strengthening on the California contractors business of First Financial Insurance Co. (FFIC), its financial strength rating (FSR)...

In Over His Head

Johnny Brocktune Lew of Stockton, Calif., was sentenced to seven years and four months in state prison for plotting an...

Not a Real Team Player

California Insurance Commissioner Harry Low revoked the license of former insurance agent Raymond Michael Graney, who did business as Team...