California News

California Nonprofit Execs Accused of Exposing Teens to Health Risks

Three executives of a now-defunct California nonprofit that provided job training for young people knowingly placed dozens of teenagers in jobs that exposed them to asbestos, prosecutors say. The nonprofit Firm Build sent teens to remove asbestos from an old …

California City Seeks Liability Limit in Death of Young Lifeguard

An insurance company has asked a federal court to limit liability by the city of Huntington Beach in the death of an 11-year-old girl who was killed during a junior lifeguard drill. Attorneys with Navigator’s Insurance filed a petition last …

National Association of Insurance Women Calif. South Bay Chapter Elects Officers

The California South Bay Chapter of the National Association of Insurance Women (International) elected its offices for the 2010-2011 term, begining July 1. Elected for a second term of office as president is Carleen Armstrong, commercial accounts manager with Driscoll …

Fairfax Receives Regulatory Approval for Zenith Acquisition

Toronto-based Fairfax Financial Holdings Limited and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for the acquisition by Fairfax of Zenith pursuant to the previously announced merger agreement [See IJ web …

Calif. Bill Would Allow Video Monitors in Vehicles

The California Assembly has passed a bill that would allow video recorders to be installed on vehicles’ dashboards. State law currently prohibits dashboard devices that may obstruct a driver’s view. The bill is supported by companies that hire teams of …

Volcker Says Europe Committed to Common Currency

Europe’s $1 trillion economic rescue signals a recognition of the threat to the euro currency and a commitment to defending it, former Federal Reserve Chairman Paul Volcker said Tuesday. Volcker, a special adviser to U.S. President Barack Obama, said in …

U.S. Risk Names Sylim VP and Oakland Branch Manager

U.S. Risk Insurance Group Inc. has named Julie Sylim a vice president and branch manager for the company’s Oakland, Calif., office. Julie has mroe than 20 years of insurance experience, most recently in the wholesale arena. She most recently was …

Erb Honored at San Diego I-Day

The Insurance Women of North San Diego County announced that its co-president Carola S. Erb was honored with the San Diego Insurance Woman of the Year award at the Greater San Diego I-Day. Erb started her insurance career in 1985 …

California Workers’ Compensation Insurance Market More Lucrative

Prices are improving in the California workers’ compensation insurance market — at least according to one specialty workers’ compensation carrier in the Golden State. According to PacificComp President and CEO James E. Little, prices have been improving as some of …

Allstate Adding Agents in California

Allstate Insurance Co. announced it is seeking dozens of agents in California. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and represent Allstate in California,” said Sales …