California News

Age Bias Lawsuit Against Google Cleared for Trial in California

Google Inc., which runs the world’s most popular Internet search engine, was ordered to defend itself against a lawsuit by a former manager who said he was fired for being too old, clearing the way for a trial. The California …

NASA Begins Hurricane Study with High Hopes

Starting August 15, NASA will begin a six-week study to better understand how hurricanes form and intensify, information that should allow for better hurricane prediction. Weather experts are pretty good at tracking a storm and determining where it will go. …

Oklahoma Unemployment Insurance Tax Rates to Jump in 2011

The Oklahoma Employment Security Commission (OESC) has issued a notice to business owners that most Oklahoma employers can expect to see increases in their state unemployment insurance (UI) tax rates for 2011. Funds collected through this tax are deposited in …

Calif. Imposes Regulations To Prevent Illegal Insurance Recissions

California Insurance Commissioner Steve Poizner has imposed regulations designed to combat illegal rescissions. The rules take effect on August 18. Currently, health insurers may only rescind policies under very specific, limited circumstances defined by law and regulations. In the past, …

California Bureau May Ask for 30 Percent Workers’ Comp Increase

California’s Workers’ Compensation Insurance Rating Bureau is considering requesting a 30 percent increase in pure premium rates for 2011 policies. The news that California’s Workers’ Compensation Insurance Rating Bureau (WCIRB) might ask for the increase came out of a meeting …

Employers Holdings Q2 Net Premiums Written Declined 15.5%, Reducing Workforce

Reno, Nev.-based Employers Holdings Inc. has reported second quarter 2010 net income of $16.5 million compared with $20.3 million in the second quarter of 2009, a decrease of $3.8 million or $0.05 per share. Net income for the six months …

Study Changes Picture of U.S. Quake Hazards

The risk of earthquakes in the U.S. Midwest may be more widespread than geologists have believed, but a “big one” may be less likely at Missouri’s New Madrid fault, researchers said Aug. 4. They found that rivers that swept away …

Investors Seek Oil Firms’ Safety Plans, Insurers’ Underwriting Plans

In the wake of the BP oil disaster, more than 50 U.S. and other environmentally-active global investors have sent letters to major energy companies asking them to disclose information on their spill prevention and response plans for their own offshore …

Honolulu Man Convicted in Hawaii’s First Workers’ Comp Theft Case

Llorente SIU announced the conviction of an Ewa Beach, Hawaii, man on theft and perjury charges resulting from a suspect workers’ compensation claim. Jacob Belaski, the owner of Teixeira Trucking Inc. misrepresented his medical condition to his workers’ compensation insurance …

McLane Joins GCube Insurance Services as Senior VP

Newport Beach, Calif.-based GCube Insurance Services Inc., a global insurer of renewable energy technologies, announced today that John McLane has joined the company as senior vice president. McLane will be responsible for growing GCube’s renewable energy business held by utilities …