Articles by Sam Sorich

California Legislature not Hesitant to Act on Insurance Issues

Dysfunctional. Inefficient, Ineffective. Slow. Partisan. Irrelevant. These are terms that regularly appear on editorial pages and political blogs to describe the California Legislature. It is true that when the Legislature ended its 2012 session, major problems confronting California were still …

Iran Investment Bill Well-Intentioned, But Unconstitutional

In a May 7 speech during her visit to India, Secretary of State Hillary Clinton said that the principal threat to the world is a nuclear-armed Iran because Iran is a state sponsor of terrorism. It is understandable that California …

California Legislature Takes Action on Workers’ Comp, Punitive Damages

The Legislature ended its 2005-2006 session last week, passing bills affecting workers’ compensation, State Compensation Insurance Fund and punitive damages, among other issues. The governor has until midnight Sept. 30 to act on the bills approved in the waning days …

California Legislative Round Up

The following is the Association of California Insurance Company’s weekly update on legislative action taken on insurance-related bills last week and the measures scheduled for consideration this week. Bills heard last week: Senate Judiciary Committee – June 14 AB 446 …

California Legislative Round Up

The following is an update on some of the key property/casualty insurance-related bills pending in the California Assembly and Senate. Measures that garner approval will be considered next in the second house. Measures that were not approved by the deadline …

New Calif. Governor Faces Full Plate of Industry Issues

Despite the uncertainty over who will be the next governor of California, the state’s next CEO will have to deal with groundbreaking insurance legislation that will be crafted, debated and implemented over the next several months and into 2004. Implementation …