California News

Florida Says Medical Malpractice Rates Decline, Market Is Competitive

A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in 2003. The report shows a net decline …

Florida’s ‘Whocanisue’ Legal Web Site Attracts Plaintiffs, Irks Other Lawyers

Have you been bitten by a vicious dog? Been the victim of a surgical mishap? A sexual assault on a cruise ship? There’s a lawyer waiting for your call. Boca Raton-based whocanisue.com has scores of billboards and bus-shelter signs showing …

California Commissioner Questions Workers’ Comp Increase

California Insurance Commissioner Steve Poizner is indicating that he may not support the state Workers’ Compensation Insurance Rating Bureau’s (WCIRB) request to increase the Workers Compensation Cost Claims Benchmark by 22.8 percent. Poizner released a statement Tuesday in which he …

Software Firm Ebix Acquires E-Z Data for $50 Million

Insurance software firm Ebix, Inc. has acquired California-based E-Z Data, Inc. E-Z Data’s Web-basd agency management, practice management, and customer relations software serves insurance companies, general agents, banks, investment dealers, insurance agents and financial advisors. Under terms of the agreement, …

California’s Woodruff-Sawyer Buys Western D&O from Carpenter Moore

California insurance agency Woodruff-Sawyer & Co. has acquired the Western region direct practice of Carpenter Moore from NASDAQ OMX Group Inc., according to the company. The Western region direct practice, based in San Francisco, encompasses its established directors and officers …

California Workers’ Comp Group Expands to Country Clubs

Spurred by new member growth in September, the California Restaurant Mutual Benefit Corporation (CRMBC) has eclipsed the $1.3 billion covered payroll mark. California’s largest self-insured group (SIG) says it now has a total of 3,100 member locations. For the first …

Cooler Temperatures Aid California Fire Crews

Cooling temperatures and higher humidity on Monday gave firefighters some welcome relief as they waged an ongoing assault against a wildfire that had burned to the edges of a popular resort town in the San Gabriel Mountains. The temperature at …

California Environmental Extremist Arrested for 2006 Arson

Three years after the discovery of a failed incendiary device at a suburban Pasadena real estate construction site, FBI agents have used DNA analysis to arrest a man in Texas in a case they believe may involve environmental extremism. Stephen …

States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers

Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …

Fire in Southern California Destroys Three Residences

A fire driven by winds of more than 40 mph destroyed three homes and threatened dozens of others in a rugged warren of mountains and canyons northeast of San Bernardino on Saturday. As a huge wall of flames chewed through …