Consider the Crisis
Insurance is no doubt used in times of crisis — to recover from such events as a house fire, when a driver is in an accident, or a business suffers a loss, for example. But recently, California Gov. Arnold Schwarzenegger …
California Governor Proposes Selling Some State Workers’ Comp Insurer Assets
California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the governor, confirmed. In his 2009-10 May Revision General Fund Proposals, …
California Efforts To Reduce Prison Budget Would Hurt Fraud Fighting
California Gov. Arnold Schwarzenegger has proposed downgrading insurance crimes in California from felonies to misdemeanors to help reduce the prison budget — a move that insurance and fraud experts say would have dire consequences. In his 2009-10 May Revision General …
Potential Sale of California Workers’ Comp Insurer Assets Creates Concerns
California Insurance Commissioner Steve Poizner said he is “troubled by the details of the proposal” to sell some assets of the state’s workers’ compensation insurance, State Compensation Insurance Fund (SCIF). Gov. Arnold Schwarzenegger in his 2009-10 May Revision General Fund …
California Governor Proposes Selling Some State Workers’ Comp Insurer Assets
California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the governor, confirmed. In his 2009-10 May Revision General Fund Proposals, …
The Dentists Insurance Co. Names Richardson CEO
Sacramento, Calif.-based The Dentists Insurance Co. (TDIC) and TDIC Insurance Solutions have hired Jim Richardson as president and CEO. Richardson has more than 20 years of management, administrative, public policy and insurance experience. Since January 2007, he served as chief …
Winds Fan Santa Barbara Wildfire During Wildfire Awareness Week
A wildfire that began on May 5 in Santa Barbara County, Calif. — during Wildfire Awareness Week May 3-9 — continued to burn as of press time, having burned 8,733 acres and destroyed 77 residences as of May 10, 2009, …
Santa Barbara Fire 65% Contained
A wildfire that began on May 5 in Santa Barbara County, Calif. continues to burn, having burned 8,733 acres and destroyed 77 residences as of this morning, May 11, 2009, according to the National Interagency Coordination Center. Sixty outbuildings were …
Santa Barbara Wildfire Increase 448%, Insurers Ready for Calls
A wildfire that began on May 5 in Santa Barbara County, Calif., continues to burn, increasing 448 percent from 500 acres burned yesterday to 2,739 acres burned and at least 20 homes destroyed as of this morning, according to the …
Wildfire Burns in Santa Barbara County During Wildfire Awareness Week
A wildfire that began on May 5 in Santa Barbara County, Calif., continues to burn. The County of Santa Barbara declared a local emergency due to the fire and Gov. Arnold Schwarzenegger declared a state of emergency, meanwhile reminding Californianas …
