California News

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, …

People

Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the American Society of Safety Engineers (ASSE). Newberry has …

Poizner Urges No Iranian Investments by Insurers

Just days ahead of Iranian President Mahmoud Ahmadinejad’s recent address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to follow California’s lead and to probe insurance company investments for ties …

Health Rates Rose Fast in West

Family health care premiums rose an estimated three to five times faster than earnings for workers in Western states from 2000 through 2009, according to a report issued by the consumer health organization Families USA. In California, for example, family …

California Fires Renew Push for National Arson Registry

The deadly fire at Angeles National Forest is renewing a push from California lawmakers for a national registry of convicted arsonists. Democratic Sens. Barbara Boxer and Dianne Feinstein have filed legislation that would establish the registry. It complements a similar …

California Firm Seeks Dismissal of $70 Million in Workers’ Comp Charges

As part an agreement to resolve criminal charges, Premier Medical Management Systems Inc. of Los Angeles is asking a California Workers’ Compensation Appeals Board judge to dismiss an estimated $70 million of medical bills Premier previously submitted for payment to …

Declarations

Real Stuff “When the bubble burst, however, those risky mortgages defaulted in record numbers and investors were left holding worthless securities, unable to sell them. Subsequently, the agencies downgraded the credit ratings of $1.9 trillion in residential mortgage backed securities, …

It Figures

$4 Million The estimated cost to build a tsunami evacuation building, or TEB, on the Oregon coast. It would sit about 15 feet above the water on pilings, allowing water to flow under it. Proponents says such a building would …

South Carolina Still Looking for Lessons from Myrtle Beach Wildfire

The fire chief in one of South Carolina’s busiest tourist spots said he won’t alter his agency’s practices even though his crews failed to extinguish a small blaze that mushroomed into the worst wildfire in state history. Chief Garry Alderman, …

How the Great Recession is Changing the American Workplace

Going to work may never be the same again: the Great Recession has reshaped the American workplace and work force in ways that will last years, if not longer. The work force is graying as college graduates can’t find jobs, …