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2 Jul 2014, 10:00 am
Today, the California Department of Industrial Relations (DIR) announced that it has approved implementation of the 2014/15 Alternative Security Program (ASP), which it boasts that this "first-in-the-nation, innovative program" "frees $7.54 billion in working capital and provides self-insured California businesses greater financial flexibility. [read post]
16 Jun 2015, 4:35 am
"Here's the issue - there will be many investment people who know nothing about the insurance product providing the capital. [read post]
28 Sep 2010, 8:02 am
This updates our September 1, 2010 posting.On September 27, 2010, California Governor Arnold Schwarzenegger signed into law AB 1708, which will have a significant impact on surplus lines insurers by amending Section 1765.1 of the California Insurance Code.Effective January 1, 2011, California’s new minimum capital and surplus requirements for surplus lines insurers applying for eligibility will increase from $15,000,000 to… [read post]
27 May 2014, 9:23 am
In fact, in 2013 alone, California insurance companies received a total of 1,919 claims for dog bite injuries that ended up costing them $64.7 million. [read post]
1 Sep 2010, 2:58 am
The bill also increases the minimum capital and surplus requirements for insurance exchanges.AB 1837 would allow for greater flexibility in the management and operations of California domestic insurers and their affiliated surplus lines insurers. [read post]
28 Jul 2023, 10:59 am
The changes, which could increase the high-quality capital requirements for banks with $100 billion or more in total assets by 16 percent, are likely to draw significant industry pushback. ( LAW360 ) Allstate Official Warns Insurer Could Pull Out of CA Entirely Unless Changes Made At a July 13 public workshop hosted by California’s insurance department to discuss the possibility of using catastrophe modeling in ratemaking, Parr Schoolman, chief risk officer… [read post]
1 Aug 2011, 12:01 pm
PMA Capital Ins. [read post]
23 Nov 2021, 12:26 pm
The case is styled TriPacific Capital Advisors LLC v. [read post]
7 Aug 2015, 5:41 am
California Capital Insurance Company,1 is interesting for several reasons and addresses important aspects of the appraisal process in California which I will cover. [read post]
8 May 2010, 8:22 am
In the early 1990s, he was essentially ousted from the auto insurance industry after California insurance regulators sued him for fraud and revoked his license. [read post]
9 May 2011, 4:00 am
Majestic USA Capital, Inc. 11-36221 Compensation Risk Managers, LLC 11-36226 Compensation Risk Managers of California, LLC 11-36230 Eimar, LLC 11-36232 Embarcardero Insurance Holdings, Inc. 11-36234 Majestic Capital and its above-mentioned subsidiaries remain in possession of their respective assets and business, but subject to the supervision of the Court. [read post]
5 Jul 2012, 3:00 am
“Self-insurance and the ASP are innovative ways that California can support businesses and help them reinvest capital back into growing their business,” said DIR Director Christine Baker. [read post]
9 Jan 2013, 10:34 am
Department of Health and Human Services (HHS) has conditionally approved health insurances exchanges in California, Hawaii, Idaho, Nevada, New Mexico, Vermont, and Utah. [read post]
5 Oct 2015, 11:46 am
Capital City Freeway Car Crash Injures Four On Thursday, September 24, 2015 at approximately 7:30 p.m., a car being driven on the Capital City Freeway at El Camino Avenue struck an on-ramp metering light. [read post]
4 Mar 2022, 7:22 am
The State Bar Court of California issued a disciplinary action against him on August 2nd. [read post]
9 Jan 2016, 5:05 am
Louisiana, New York, Texas, Florida, California, Hawaii and Montana also came in at the bottom with low grades of "D". [read post]
7 Jan 2009, 4:16 pm
Investment News reported this week that the Pennsylvania Insurance Department has seized control of two subsidiaries of long-term care insurer Penn Treaty American Corp. because of their failure to maintain appropriate capital levels. http://www.investmentnews.com/apps/pbcs.dll/article? [read post]
3 Nov 2009, 5:00 am
Capital Ins. [read post]
10 Dec 2023, 1:48 pm
For a very long time, California has been known as the bodybuilding capital of the world. [read post]
20 May 2010, 8:34 am
Notable items include: Judy Kerr on Cost in California A New Report From the ACLU of Northern California Cost: A Continuing Issue in California In California News Coverage of California Commission [read post]
