May 5, 2010
California’s State Compensation Insurance Fund announced it will not be filing a mid-year rate increase. Instead, the workers’ compensation insurance provider said it will revise its rating plan to provide underwriters greater flexibility to reward better-performing accounts. The revisions — …
April 21, 2010
Gov. Arnold Schwarzenegger has estimated the Easter earthquake caused about $91 million in damage in impoverished Imperial County. Schwarzenegger’s office sent a letter to the federal government with the preliminary estimate and asked that the quake that left two people …
March 26, 2010
Adding a wrinkle to California Gov. Arnold Schwarzenegger’s plan to furlough state workers to help shore-up the state budget deficit, a California Superior Court Judge has ordered that furlough days for certain state workers must end immediately. In February, Judge …
January 29, 2010
California Insurance Commissioner Steve Poizner said that his position has become too politicized and should return to being one that’s appointed by the governor. Poizner, who is seeking the Republican gubernatorial nomination, made the comments during a meeting of the …
January 25, 2010
California Gov. Arnold Schwarzenegger has submitted to the Legislature his proposed 2010-11 budget – calling for “greater reductions in nearly every aspect of state government than were necessary in 2009.” Among the proposed cuts is a decrease of $32.8 million …
January 24, 2010
20% Percentage of Oregonians who have earthquake insurance, according to a state Department of Consumer and Business Services survey. Jan. 26 marks the 310th anniversary of the last, great Cascadia Subduction Zone earthquake. This magnitude 9.0 earthquake was centered about …
January 14, 2010
California Gov. Arnold Schwarzenegger has declared a state of emergency in the Northern California county struck by a weekend earthquake, saying damage from the magnitude-6.5 temblor was expected to top $28 million. Saturday’s quake “disrupted utilities and caused damage to …
January 10, 2010
California Gov. Arnold Schwarzenegger has submitted to the Legislature his proposed 2010-11 budget — and called for “greater reductions in nearly every aspect of state government than were necessary in 2009.” “With our national economy still struggling to recover, California, …
January 7, 2010
Californians can expect more tax increases and cuts in state services, but it’s unlikely that a sale of some of the state workers’ compensation insurer’s assets will be used to shore-up the budget. In his State of the State 2010 …
November 1, 2009
A California assemblyman said he’ll try a third time to get strict measures on when health insurance companies can cancel policies approved into law. Gov. Arnold Schwarzenegger vetoed a bill backed by Assemblyman Hector De La Torre. The governor said …