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  1. Fight Continues Against Bad Business Legislation

    SACRAMENTO, CA, June 22, 2017 -  The fight continues against proposed legislation making its way through the California Legislature that hinder job creation and economic growth.  While bills to make it burdensome to conduct business in California are still alive, there are industry coalit...
  2. Insurers Wrote $68.8 Billion In California Premiums in 2015

    WASHINGTON, D.C., June 15, 2017 - Insurance companies in California wrote $68.8 billion in P&C premiums in 2015, representing 11.67% of the U.S. insurance market, ranking the Golden State No. 1 in the country, according to figures released by the National Association of Insurance Commissioners (...
  3. CDI Approves Revised EquityComp Policies For Sale And Renewal

    SACRAMENTO, CA, June 9, 2017 —The California Department of Insurance announced a settlement this week that will allow Applied Underwriters to resume selling new, and renewing existing, workers’ compensation policies in its EquityComp program, and resolve all issues that the parties had b...
  4. Senate Committee Passes Interstate Banking Bill

    SACRAMENTO, CA , June 8, 2017 - The California Senate Insurance, Banking and Financial Institutions Committee unanimously approved AB 1460 this week, a bill that would modernize location requirements for insurance broker-agent trust accounts. The bill, supported by InsurBanc and IIABCal, would re...
  5. Court of Appeals Rules Against FAIR Plan

    SAN FRANCISCO, CA, June 1, 2017 — The First District Court of Appeals has ruled that the California FAIR Plan must pay a policyholder far in excess of its actual-cash-value policy requirements, finding that recent amendments to the California Insurance Code trumped policy provisions.  Th...
  6. IIABCal & Others Fight Single-Payer Healthcare Bill

    SACRAMENTO, CA , May 18, 2017 - IIABCal and industry partners continue to be heavily involved in a fight against a universal single-payer healthcare bill before the California Legislature.  Next Monday, universal single payer healthcare legislation could very well be considered by the Sen...
  7. Controversial Workers’ Comp Bill Removed From Agenda

    SACRAMENTO, CA – April 19, 2017 - AB 206 (Gonzalez-Fletcher, D-San Diego), a bill that requires workers comp insurance to day laborers, such as nannies and landscape maintenance workers, was removed from the agenda of the California Assembly Insurance Committee today. “This was one of t...
  8. Assembly Committee To Hear Key Insurance Bills

    SACRAMENTO, CA, April 13, 2017 - Next Wednesday, April 19, looms large as the California Assembly Insurance Committee is scheduled to hear a number of key insurance bills.  Many of these measures are being heavily lobbied behind the scenes, as sponsors attempt to garner sufficient support to mo...
  9. Federal Appeals Court Invalidates FCC “Solicited Fax” Regulations

    WASHINGTON, D.C., April 6, 2017 — In a split decision, the U.S. Court of Appeals for the District of Columbia Circuit has invalidated Federal Communication Commission regulations, promulgated under the federal Telephone Consumer Protection Act of 1991 (TCPA), that required fax advertisements s...
  10. Assembly Bill Would Allow Interstate Insurance Agency Banking

    SACRAMENTO, CA, March 29, 2017 - A bill to modernize California Banking laws would allow an insurance agent or broker to maintain his or her fiduciary account, required by law, in any state or federally chartered bank or financial institution. The bill - AB 1460 (Assembly Member Matt Dababneh, D-Enc...
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