California News

California Jury Awards $4.5 Million for Malpractice

A Burbank, Calif., jury has awarded a woman $4.5 million in a medical malpractice case she brought against a La Canada Flintridge physician after the death of her husband. The Pasadena Star-News says the jury on April 6 awarded Susanne …

California Bill Forces Rental Firms to Pull Recalled Vehicles

California lawmakers this week took a step toward enacting what would be the nation’s first law forcing rental car companies to pull recalled vehicles off the road, encouraged by a mother who testified that such a rule could have saved …

Calif. Workers’ Comp Rating Bureau To Skip Mid-Year Rate Filing

California’s Workers’ Compensation Insurance Rating Bureau governing board has decided not to make a mid-year pure premium rate filing suggesting a 40 percent increase. Instead, the WCIRB will make an informational filing to provide data on the workers’ compensation system …

Calif. Workers’ Comp Rating Bureau Could Recommend 40% Rate Increase

The Workers’ Compensation Insurance Rating Bureau of California is discussing a pure premium rate increase of up to 40 percent at today’s Governing Committee meeting, according to industry reports. The WCIRB Actuarial Committee met on April 1 to review insurer …

Westside Rapist, Former California Claims Adjuster, Gets Life Sentences

A former state insurance adjuster dubbed the “Westside Rapist” by police has been sentenced to life in prison for murdering seven women in sexual attacks that terrified Los Angeles in the 1970s and 1980s. John Floyd Thomas, 74, pleaded guilty …

Calif Tsunami Damage Estimate Increases

California’s damage estimate from last month’s tsunami has increased. California Emergency Management Agency spokesman Brad Alexander said the most recent damage estimate was $48 million, $4 million more than a previous estimate. Meanwhile, Alexander tells The Times-Standard of Eureka, Calif., …

Calif. State Fund Reports Net Income of $171 Million

California State Compensation Insurance Fund has announced that it ended 2010 with $1.1 billion in new premium earned, and $171 million in net income. The company’s online annual report shows that State Fund’s 2010 net income of $171 million was …

Calif. Bill Would Give Insurance Commissioner Stronger Penalty Powers

California Sen. Noreen Evans, D-District 2, has introduced legislation to grant explicit authority to the state Insurance Commissioner to order restitution as part of an administrative enforcement action against an insurance company. If passed, Senate Bill 631 would give the …

Calif. Homeowners Insurance Valuation Training Courses Available Online

Education to meet the California’s Department of Insurance Homeowners’ Valuation Training requirement can be obtained online. Through the Insurance Community University Web site, InsuranceCommunityUniversity.com, has created an online resource to help educate and update professionals, according to Laurie Zangwill Infantino …

Calif. Workers’ Comp Institute Elects Directors

William Mudge, president and CEO of CompWest Insurance Co., has been elected chairman of the board of directors of the California Workers’ Compensation Institute for 2011 at the Institute’s annual meeting in San Francisco. Tom Rowe, president of the State …