California Gov. Arnold Schwarzenegger and legislative leaders have agreed to a 2008-09 budget that concludes a very difficult budget negotiation process, addressing the state’s $15.2 billion budget shortfall with a combination of cuts and increased revenues. With the passing of …
California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed papers with the secretary of state’s office to form an …
The American Insurance Association says three measures on the way to California Gov. Arnold Schwarzenegger’s desk should be vetoed because they will increase employers’ costs for workers’ compensation, weaken the utilization review process and bring uncertainty back to the system. …
This year’s California legislative session has been a relatively positive one for property/casualty insurers and their customers, according to the Association of California Insurance Companies. Legislators generally seem satisfied that the property/casualty markets are responding to consumers’ needs and expectations. …
With Democratic and Republican legislators unable to agree on a budget since California’s fiscal year began on July 1, 2008, many state services — as well as insurance bills — are at a standstill. Gov. Arnold Schwarzenegger has threatened not …
Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the past two months alone and up to $13 million a day. With the worst …
Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the last six weeks alone and up to $13 million a day. With the worst …
Two of California’s biggest health insurers have agreed to collectively pay $13 million and reinstate more than 2,000 insurance policies to settle claims with the state that they illegally dropped policyholders from coverage. Anthem Blue Cross, a unit of Indianapolis-based …
Firefighters scrambled Wednesday, June 25, 2008, to tame a lightning-sparked wildfire in the Los Padres National Forest that already burned 16 homes and is moving closer to the scenic community of Big Sur, where it threatens another 500 residences. The …
Following nearly 8,000 lightning strikes that set more than 800 wildfires across Northern California, a meterologist is predicting much worse conditions throughout the rest of the fire season. “This doesn’t bode well for the fire season,” said Ken Clark, a …
