California News

LOW KNOWS BEST

Newly inaugurated Insurance Commissioner Harry Low announced plans to reorganize the California Department of Insurance (CDI). Low, who has been...

High Roller In Today’s ECONOMY

The insurance industry contributes almost $200 billion to the United States’ gross national product each year, approximately 2.4 percent of...

CALIF. FIGHTS DISASTER INSURANCE

Despite efforts by the Federal Emergency Management Agency (FEMA) and U.S. Senators Christopher Bond of Missouri and James Inhofe of...

SLAVE INSURANCE PROBES LAUNCHED

A new California law passed this session has given Insurance Commissioner Harry Low the authority to ask all insurers in...

LAW FOR GENOCIDE VICTIMS, HEIRS

Gov. Gray Davis signed legislation that will permit Armernian genocide victims and their heirs to file suits in California against...

Nation in a World of Hurt

On Sept. 22, investigators from the CDI Investigation Bureau served search warrants and a cease and desist order (C&D) on...

Commerce Insurance Affirmed

The “BBBpi” FSR on Massachusetts-based Commerce Insurance Co. was affirmed by Standard & Poor’s (S&P). The rating action takes into...