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BUSINESS
October 7, 2010 | By Marc Lifsher, Los Angeles Times
For the second time in a month, a California Chamber of Commerce political action committee funded in part by major insurance companies is bankrolling TV ads to help Republican Mike Villines in his race against Democrat Dave Jones for state insurance commissioner. In campaign finance disclosure documents, the deep-pocketed chamber reported that it was spending $280,234 to fund "media production" for television advertisements that oppose Jones. The same report showed that the chamber's political action committee, called JobsPAC, received six contributions from insurance company interests totaling $387,000.
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CALIFORNIA | LOCAL
June 6, 2010 | By Ruben Vives, Los Angeles Times
Citing the city's failure to hire a new city manager as well as recent officer-involved shootings, Maywood's insurance agency has terminated coverage because it views the municipality as too high a risk, according to city officials. In a notice delivered to the city last week, the California Joint Powers Insurance Authority said it would end all general liability and workers' compensation coverage effective July 1, according to Interim City Manager Angela Spaccia. "This termination potentially puts the city in the position where it cannot continue to operate its police department and provide other city services," a statement on the city's website announced.
BUSINESS
January 30, 2014 | By Ricardo Lopez
A group seeking to reform the state's unemployment insurance system kicked off its campaign Thursday outside an Employment Development Department office in South Los Angeles. Backed by the Alliance of Californians for Community Empowerment, the group was formed in response to a troubled computer upgrade at the EDD that delayed unemployment checks to 150,000 Californians. The computer glitch snared payments to the state's unemployed, leading to a November oversight hearing, and most recently, a request by a lawmaker for additional state funding and an audit to ease problems with the beleaguered state agency.
CALIFORNIA | LOCAL
October 1, 2013 | By Melanie Mason
RANCHO CORDOVA, Calif. -- Officials at the kickoff of Covered California, the state's health insurance exchange, celebrated the "historic" launch of the centerpiece of the Affordable Care Act and said they were undaunted by the federal government shutdown. A bevy of state health officials and lawmakers gathered in the Rancho Cordova service headquarters of Covered California on Tuesday morning to mark the first day of open enrollment under the Affordable Care Act. Peter Lee, executive director of Covered California, said the federal government shutdown, which began at midnight, would not have an effect on the exchange's operations.
NEWS
January 13, 2014 | By Lisa Mascaro
WASHINGTON -- As senators narrowed their differences on a proposal to break a stalemate over unemployment insurance, congressional leaders reached agreement late Monday on a $1-trillion spending package to avoid a government shutdown this week. The intense day of private negotiations on Capitol Hill shows a Congress that is trying to move past the partisan brinkmanship that has paralyzed the legislative process in recent years. Republicans, in particular, have calculated that voters are tired of the gamesmanship and want the federal government to provide basic services.
CALIFORNIA | LOCAL
August 10, 2012 | By Maura Dolan, Los Angeles Times
The state of California is likely to receive tens of millions of dollars more from insurance companies to clean up the Stringfellow Acid Pits toxic waste dump as a result of a ruling Thursday by the California Supreme Court. In a unanimous decision, the high court said consecutive insurance policies by various companies required each to pay up to their policy limits for damage caused by the Riverside County waste site. The companies wanted to restrict liability to just a share of the damage that occurred during the time each insurer's policy was in effect.
BUSINESS
May 20, 1992
Allstate Insurance Co. released its annual list containing information about which cars are the most and least expensive to insure. The list is based on such factors as which cars suffer more damage in accidents, cost more to repair and are stolen more often. Much lower than avg. Chrysler 5th Avenue Dodge Caravan Dodge Grand Caravan Plymouth Voyager Plymouth Grand Voyager Saab 9000 Volvo 240 Much higher than avg.
NEWS
April 24, 1988
"The Fight of Their Lives" was both illuminating and forthright. I thought that most of the information was accurate: that the implications both for the public and the health care industry are enormous and all bad. Simross and Johnston touched on two vicious lapses in the practice of insurance, permitted by law, that have needed to be changed for some time. The changes needed are not solely to combat abuses that can, do and will arise out of AIDS claims, but other illnesses as well.
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