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California Insurance News

 

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California Insurance News

Make sure you know the most recent developments and stories about California insurance policies, providers, and legislation. With this knowledge, you can get better deals on insurance, and stay appraised of laws that may change the way your policies operate.

We watch the insurance market, so you don't have to. Our California Insurance News section contains some of the most important insurance-related news items of relevance to California residents, including both state and national stories.

Don't be caught off-guard by developments in the insurance industry. Read about important California insurance news stories below.

Latest Auto Insurance News

California Persistency Discount Comes to BallotFebruary 1, 2010 – The “persistency” rating factor is one of sixteen optional factors that insurers in California are allowed to use to adjust their premiums for each individual: the qualification says that insurers can reward their long-term custome...
California Sees Increase in Automobile Insurance Fraud

October 26, 2009 – Statistics compiled by the California Department of Insurance suggest that the year 2008 showed a 25 percent increase in vehicle arson fraud compared with the year before.

Commissioner Steve Poizner of the Departme...

Californias Revised Pay As You Drive PAYD Insurance Proposal Still Idling

The state of California recently revised a pay-as-you-drive plan to address some of the concerns voiced about an earlier version. With many states and several countries as examples, California proposed the adoption of a program that would requ...

Participation in California Low Cost Auto Insurance Program Up in 2009February 3, 2010 – The California Low Cost Automobile Insurance Program (CLCA) exists to help in-need California residents purchase the automobile liability insurance they need to protect themselves from risk and to obey California law. The program h...

Latest General Insurance News

California Insurance Agent Batchelor Collected Pocketed Premiums

November 17, 2009 – Louise May Batchelor, a 55 year old insurance agent working in San Diego, was sentenced to a year’s work furlough, five years probation, and was ordered to pay restitution totaling $24,375 after pleading guilty at her trial...

Commissioner Poizner Wants Providers to Divest Iranian Holdings

December 2, 2009 – California Insurance Commissioner Steve Poizner claims that a probe he conducted suggest that insurance companies have a total of around $12 billion in Iranian investments, investments he would like to see them drop.

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Department of Insurance Recovers over 100 Million for ConsumersFebruary 8, 2010 – The California Department of Insurance’s Consumer Services and Market Conduct Branch has two divisions focused on helping consumers get the money they are owed for insurance claims. One branch deals with helping consumers with thei...
Earthquake Damage More Than $28 Million In CaliforniaJanuary 14, 2010 – In response to Saturday’s earthquake in California, California Governor Arnold Schwarzenegger has declared a state of emergency in one Northern California County. The quake was of magnitude 6.5 on the Richter scale, and was centere...
LA County Fire Department Says Fire Service Should Fly at Night

November 23, 2009 – A report by a Los Angeles County Fire Department suggests that allowing the U.S. Forest Service to fly their fire-fighting helicopters at night could help prevent future wildfires from becoming as large or destructive as th...

Latest Business Insurance News

2010 Workers Compensation Changes OutlinedJanuary 19, 2010 – The California State Compensation Insurance Fund has provided an outline of potential changes in the state’s workers’ compensation fund. The changes for 2010 include a variety of different initiatives.

Bill SB 313 would ...
California Proposes Updates to its Workers Compensation Policies

November 1, 2009 – California workers’ compensation reforms in the past have been successful at radically reducing the costs of the system. The California Department of Industrial Relation’s Division of Workers’ Compensation suggets that such ...

Latest Health Insurance News

California Implements New Preferred Provider Report Card

December 7, 2009 – The California Office of the Patient Advocate has been providing reports on the largest HMO plans in California, as well as ratings of various medical groups, by comparing their offerings to national care standards and surve...

California Prohibits Sale of Second Hand Life Insurance by Unlicensed PartiesA bill signed into law by Gov. Arnold Scwarzenegger this week makes it unlawful for unlicensed vendors to provide second-hand life insurance policies, or life settlements, and also prohibits individuals from buying life insurance policies for investo...
Californias Largest Insurers Will Waive Out of Pocket Fees for H1N1 Vaccine

November 10, 2009 – In October, California Insurance Commissioner Steve Poizner and officials from the Department of Managed Health Care and the Department of Public Health teamed up to draft a letter to inform every health insurance company t...

Implementation of Proposition 103 for Health Insurance Suggested in CaliforniaCalifornia’s Proposition 103 has helped drivers all over the state save on their auto insurance. Since its inception in 1988 it has saved consumers an estimated $60 billion dollars through a regulation of auto insurance premiums. It not only controls...
Keeping Californias On Leave Students Covered

In October 2009, the federal government’s law, called Michelle’s Law, takes effect to protect college students and their families from the loss of insurance in case a student has to withdraw temporarily from school due to a medical problem. Ca...

Latest Home Insurance News

Areas of California Still at Risk of FloodingJanuary 24, 2010 – National Weather Service flood warnings and flood watches continued in parts of California even after a fifth day of storms, but the area is now beginning recovery. The risk has been made greater this year in some areas due to summ...
Commissioner Poizner Supports Green Insurance

It’s common today to think about “being green” when you are making a purchase of a single product. But how can you apply “being green” to your insurance choices?

To mark Earth Day, April 22, 2009, California Insurance Commissioner ...

Poizner Proud of Payment Recoveries for Victims of WildfiresNovember 16, 2009 – In a press statement released on Friday, November 13, California Insurance Commissioner Steve Poizner announced that the California Department of Insurance has successfully secured more than $17.4 million in claims for victims of ...

Latest Life Insurance News

California Prohibits Sale of Second Hand Life Insurance by Unlicensed PartiesA bill signed into law by Gov. Arnold Schwarzenegger this week makes it unlawful for unlicensed vendors to provide second-hand life insurance policies, or life settlements, and also prohibits individuals from buying life insurance policies for invest...