Posts Tagged: insurance
News
Led by medical insurers, opponents of two November ballot initiatives aimed at regulating insurance rates, raising the limits on pain-and-suffering awards and requiring doctors to be drug tested have raised nearly $92 million from their largest donors, according to figures compiled by the state’s political watchdog.
News
California is known as much for earthquakes as it is Hollywood or surfers, but relatively few homeowners have bothered to buy earthquake insurance. A little better than one in every 10 residential properties is covered throughout California. In Napa, where Sunday’s 6.0 magnitude quake caused an estimated $1 billion in damage, the coverage level is even lower than that – perhaps 5 percent, according to the California Earthquake Authority
Opinion
OPINION: Recently the Assembly unanimously passed my bill AB 2293. This common sense legislation will clarify insurance coverage plans for transportation network companies (TNC), such as Uber, Lyft and others. My bill also requires important disclosures from TNCs that ensure drivers and all parties are aware of the insurance policy coverage in place. The legislation, AB 2293, passed 71-0 in a unanimous and bipartisan vote and now moves on to the Senate policy committee.
Opinion
OPINION: Advances in technology are changing the way we live, work and play. By simply going online, a bed and breakfast in San Luis Obispo can book rooms, a salon owner in Pasa Robles can market her team of stylists, and farmers in Watsonville can let buyers around the world know when to expect their shipments of strawberries.
News
Calpensions: In a new step to expose hidden debt, the Governmental Accounting Standards Board last week proposed that retiree health care debt or “unfunded liability” be reported on the face of government financial statements, not buried inside.
News
Election 2014: California voters will decide in November whether to raise the decades-old $250,000 cap on pain and suffering damages in medical malpractice lawsuits. The ballot initiative, which also calls for drug and alcohol testing for doctors, will join four other measures that already have qualified for the ballot.
News
ANALYSIS: Los Angeles County is home to more than 26% of all Californians. But when it comes to running for statewide office, being from Los Angeles may be more of an obstacle than a political advantage. While the people may be in Los Angeles, the largest chunk of the state’s voters – those who actually cast ballots — come from the nine counties in the San Francisco Bay Area.
News
Under the terms of a legal settlement with the American Civil Liberties Union, Covered California is sending out registration mailers to nearly four million people who sought health insurance. The mailings, which have already begun, are the first step in an ongoing voter registration effort that will include this year’s month-long open enrollment period in the fall, when people choose new coverage plans or switch existing ones, and then continue into the future.
News
California, home to the largest number of older adults in the nation, would become the third state after Colorado and Montana to prohibit using sex as a means to differentiate the prices in long-term care policies — if the measure ultimately becomes law. “I term out in November… so this is my first and last opportunity — as an Assembly member anyway — to take this issue up,” said Assemblywoman Mariko Yamada, D-Davis. Her bill is AB 1553, introduced Jan. 27.
Opinion
OPINION: Seemingly every decade or so, California’s workers’ compensation system is deemed to be “fixed — once and for all.” And yet, like clockwork, each subsequent round of changes to workers’ compensation brings about unintended consequences once in effect.