February 7, 2011
Calif. Insurance Commissioner Dave Jones has released draft guidance for Senate Bill 1163. The new law, which went into effect on Jan. 1, 2011, requires health insurers to provide detailed information regarding proposed premium increases and to submit a certification …
February 3, 2011
California-based EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has created a national Public Entites Practice and team to deliver property and casualty risk management services, employee and executive benefits consulting and specialized risk …
February 2, 2011
A Southern California city may donate red light camera fines to local charities in an effort to convince skeptics that safety is the motive behind the cameras, not a money grab. A recent red light camera study by the Insurance …
February 2, 2011
The Farmers Insurance Exchange has agreed to pay $700 million for the naming rights to the proposed downtown Los Angeles football stadium and event center, a deal backers say is a big step towards attracting an NFL team to the …
February 1, 2011
Liens are “choking” California’s workers’ compensation system, with employers and insurers spending roughly $200 million per year on loss adjustment expense to handle medical liens claims, according to a new liens report. In the Golden State’s workers’ compensation system, a …
January 27, 2011
The Sacramento City Council has adopted a city ordinance approving a “crash tax” on out of town automobile drivers. The “fire recovery charge” will impose a fee on out-of-town drivers who get into auto accidents in order to fund the …
January 26, 2011
Walnut Creek, Calif.-based CSE Insurance Group has filed a pay-as-you-drive auto insurance program with the California Department of Insurance. Upon approval, customers who take part in the SAVE program will be rewarded for driving fewer miles with lower auto insurance …
January 25, 2011
An ordinance up for consideration at tonight’s Sacramento City Council meeting is bad news for local businesses and is unfair to consumers that shop, work or visit the City of Sacramento, according to the Association of California Insurance Companies (ACIC). …
January 25, 2011
California’s Office of Administrative Law (OAL) has approved state Insurance Commissioner Dave Jones’ request for an emergency regulation to give him the authority to enforce the 80 percent Medical Loss Ratio (MLR) in the individual market established under the Patient …
January 20, 2011
Despite a decline in the number of job injury claims reported by California public self-insured employers last year, rising claim severity drove up total workers’ compensation costs for cities, counties and other public agencies in the state last year. The …