Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Gov. Brown Vetoes, Signs Workers’ Comp Bills
Oct 11 2011 // California Gov. Brown on Friday vetoed three bills insurers said would have raised workers’ compensation costs. According to the American Insurance Association (AIA), the vetoed bills “would have unwound a key...
California ShakeOut Registers 8 Million-plus
Oct 7 2011 // The Great California ShakeOut earthquake drill has amassed over over 8 million participants, according to its organizers. The event, set for Oct. 20 at 10:20 a.m., has surpassed the 2010 record of 7.9 million registrants,...
California Rep Introduces Earthquake Insurance Affordability Act in House
Oct 7 2011 // California’s U.S. Rep. John Campbell (R-48), who today introduced H.R.3125 – companion legislation to S.637 introduced by U.S. Sen. Dianne Feinstein earlier this year. Both bills would strengthen the...
California Fights Regulation with Regulation
Oct 7 2011 // In an odd twist, California business groups applauded Governor Jerry Brown for signing legislation Thursday to create a new layer of government regulation they say will lessen the burdens imposed by future regulations. The...
California’s State Fund to Lay Off Up to 1,800 Workers
Oct 6 2011 // A restructuring at the government-controlled State Compensation Insurance Fund to be implemented in 2012 will result in a reduction in force that will eliminate between 1,500 and 1,800 positions, according to an internal...
Northern California Insurance Fraud Ring Busted
Oct 5 2011 // Multiple suspects in an insurance fraud ring have been arrested as a result of indictments handed down by a Contra Costa County Grand Jury, it was announced on Wednesday. The arrests are a result of a two-year...
California D.A.s Get $23M in Grants to Battle Auto Insurance Fraud
Oct 4 2011 // Maria Ramirez’ job heading the battle against automobile fraud in the state’s most populous county is tough enough. But her division is “operating on fumes” amid a rise in that type of crime and...
Four More Years for California’s COIN
Oct 4 2011 // It’ll be four more years for California’s COIN tax credit program. California Gov. Jerry Brown has signed legislation to extend the sunset date on the California Organized Investment Network’s program,...
California’s ‘New’ MGA Yates: Having Fun, Going National
Oct 3 2011 // Hiring, Acquisitions, Scottish Flair On Tap for Yates, Says New CEO Thomson Thirty-three year-old Scotsman Paul Thomson was on the last leg of his “five-year plan” to get into the insurance business in the U.S....
California Homeowners’ Suit Against Builders Revived
Oct 3 2011 // A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure. The...
California City Taking Steps to Keep Its Insurance
Oct 3 2011 // La Puente, Calif. may be on the road to keeping its insurance, according to a statewide insurance authority. The Southern California city was recently told that it could lose its insurance if city officials and staff...
Business Moves
Oct 3 2011 // McLarens, Washington Oregon Claim Service McLarens Young International has acquired Washington Oregon Claim Service, a middle market claims adjusting firm in the Pacific Northwest. The acquisition is Atlanta-based...
California Earthquake Authority Inks Risk Deal Sans Reinsurance
Sep 30 2011 // The California Earthquake Authority (CEA) has completed what it called a “first-of-its-kind transaction,” taking reinsurance out of the equation and opening “a more direct path” to transfer...
Aon Hires Two SVPs to Meet Southern California Growth
Sep 29 2011 // Judy Bamberger has been named senior vice president of business development for Los Angeles office of Aon Risk Solutions, a risk management business of publicly traded Chicago-based Aon Corp. Yohei Miyamoto has been named...
California’s Align Financial, Excellere Form Non-standard Auto Insurer
Sep 28 2011 // San Diego, Calif.-based Align Financial Group LLC has partnered with private equity firm Excellere Partners, of Denver, to form Personable Holdings Inc., an independent, non-standard auto insurance provider. Personable...
Jones Explains New California Workers’ Comp Calculations at Public Hearing
Sep 28 2011 // California Insurance Commissioner Dave Jones explained during a public hearing in Sacramento on Tuesday why the Workers Compensation Insurance Rating Bureau is restructuring how the state’s workers’...
Robinson Joins Iroquois as Regional Manager of California
Sep 28 2011 // San Jose-resident Staci Robinson has joined Iroquois Southwest as a regional manager for California. Robinson has more than 14 years of insurance experience, having worked as a territory manager with a major carrier after...
US Quake Project Aimed to ID Future Hotspots
Sep 27 2011 // Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where magnitude-4.9 quakes or stronger will occur in seismically active California over a five-year...
CSE Insurance Group’s Pay-As-You-Go Program Approved in California
Sep 26 2011 // CSE Insurance Group, a provider of insurance for civil service employees and consumers, has been approved to offer its new SAVE Program from the California Department of Insurance. CSE Insurance customers will be able to...
Insurance Journal Names Jergler West Editor
Sep 23 2011 // Wells Publishing Inc. has named Don Jergler as its new West editor for its flagship Insurance Journal online and print property/casualty insurance publications. Jergler, based in California, will cover the western states...
