California News

Middleton Appointed to Calif. Workers’ Comp Fraud Assessment Commission

California State Compensation Insurance Fund has announced that Lisa Middleton, senior vice president of internal affairs, was elected chair of the Workers’ Compensation Fraud Assessment Commission. Middleton brings 35 years of experience in the workers’ compensation insurance industry and offers …

Certain Safety Codes Didn’t Apply to Connecticut Plant

Three days before the deadly explosion at a Connecticut natural gas power plant, a federal agency that investigates chemical accidents recommended urgent changes to national safety standards for clearing gas from pipes. But even if those changes had been in …

Democrats Seize on Wellpoint’s 39% Rate Hike to Renew Reform Effort

Health insurer WellPoint Inc. defended its rate hike of up to 39 percent for certain California customers as Democrats latched onto the increase to press their case for overhauling the U.S. healthcare system. The controversy comes as Democrats struggle for …

Iroquois of California Names Mullens Regional Manager

Iroquois of California based in Sacramento has added a former insurance consultant, marketing manager and agency owner to its staff. Mike Mullens will serve as regional manager in Northern California, bringing more than 17 years of experience in the areas …

Barney & Barney Creates Compensation Consulting Practice

San Diego-based Barney & Barney LLC has launched a national Compensation Consulting Practice. This new addition will offer clients a specialized level of expertise in the areas of executive compensation, sales effectiveness consulting and rewards advisory services. The practice will …

WKF&C Agency Names Weddle Senior VP in Southern California

New York-based WKF&C Agency Inc. has named Becky Weddle senior vice president in the company’s Southern California office in Woodland Hills. She will work closely with the Northern California office to bring the company’s product capabilities to the western states, …

Santa Maria & Co. Names Tom Chairman

Santa Maria & Co. Risk and Insurance, a Walnut Creek, Calif.-based provider of risk management services, has named a new chairman, and has made two new hires and a promotion. Randolph L. Tom joins the company as non-executive chairman of …

Toyota Now Facing Lawsuits over Shrinking Resale Values of Cars

Added to a wave of personal injury lawsuits stemming from Toyota’s massive recall, the automaker faces a growing number of consumer class-action cases — more than 40 so far — over the shrinking resale value of its cars. Consumer lawsuits …

California Continues To Evaluate Insurers’ Iranian Investments

California Insurance Commissioner Steve Poizner has released a list of 50 companies doing business in the Iranian oil and natural gas, nuclear and defense sectors, and announced that as of March 31, 2010, no investments that an insurer holds in …

A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States

National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …