California News

Insurance Educational Association Relocates to Orange, Calif.

Insurance Educational Association has moved its office to Orange, Calif. The new address is 725 Town and Country Road, Suite 430, Orange, CA 92868-4705. The general business telephone, toll-free and fax numbers remain unchanged:

Arrowhead General Insurance Agency Wins ACORD Award For Real Time Agency Data Upload

San Diego, CA, 06/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of top rated insurance programs, is pleased to announce it was a recipient of an Early Adopter ACORD Award. Presenting the award was the Association for Cooperative …

Calif. Bill Increases Disclosure for Pet Insurers

California lawmakers are bringing a version of health care reform to your pets. A bill that passed this week in the state Assembly would require greater disclosure from health insurance companies that cover animals. The bill by Democratic Assemblyman Dave …

CSE Insurance Group Awards $12,000 in Scholarships

Walnut Creek, Calif.-based CSE Insurance Group has announced the winners of its 2010 Youth Scholarship Contest. With a total value of $12,000, prizes were won by those high school students who submitted the best essays on the subject of how …

Court Denies Damages to Uninsured in Hot Coffee Lawsuit

An uninsured motorist is not entitled to recover non-economic damages for negligence, a California Court of Appeal has ruled. According to documents in Teckla Chude v. Jack in the Box Inc., Teckla Chude went through a drive through at Jack …

M.J. Hall & Co. Opens Fresno Office

M.J. Hall and Co. Inc. has opened an office in Fresno, California. This addition of the office will better serve pre-existing producers in Fresno as well as grow M.J. Hall’s production in the excess and surplus lines market in central …

Brakke-Schafnitz Insurance Brokers’ Brakke Retires

Signature Insurance Group of Laguna Niguel, Calif., announced that Jim Brakke co-founder of Brakke-Schafnitz Insurance Brokers Inc., is retiring after 40 years of service. Brakke stated, “I am looking forward to retirement and spending time with family and pursuing other …

Report: Insurance Industry Spent $17 Million to Influence Calif. Election

Analysis released today by Campaign for Consumer Rights shows that insurers have spent more than $17 million dollars on candidates and initiatives to quietly influence the outcome of California’s June 2010 election. The consumer group noted that voters are unlikely …

State Farm First To Offer Pay-As-You-Drive Insurance in Calif.

State Farm Mutual Automobile Insurance Co. is the first insurer to submit an application to the California Department of Insurance to offer a program that rewards drivers who voluntarily drive fewer miles with lower auto insurance rates. “It’s just common …

Ratings Roundup: Infinity, West Bend Mutual

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Infinity Property & Casualty Group and its operating members. Best also affirmed the ICR of “bbb” and debt rating …