1. Proposed Bill Threatens Avalanche of Lawsuits Against Independent Insurance Agents & Brokers

    SACRAMENTO, CA, March 22, 2023 — IIABCal is committed to fighting one of the worst bills proposed in years which, if enacted, would create a tsunami of unwarranted litigation against insurance agents and brokers in California.    SB 263 seeks to impose radical new limitations on t...

  2. IIABCal Testifies at Assembly Insurance Committee on FAIR Plan

    SACRAMENTO, CA , March 9, 2022 —The Legislature should pressure California Insurance Commissioner Ricardo Lara to engage in serious negotiations with stakeholders to restore the health of the personal and commercial property insurance markets, IIABCal told members of the Assembly Insurance Com...

  3. IIABCal Meets with Top CDI Officials on Property Insurance Crisis

    SACRAMENTO, CA, March 3, 2023 -- IIABCal General Counsel Steve Young and Lobbyist John Norwood met Feb. 21 with California Insurance Commissioner Ricardo Lara’s top deputy to urge the Department to take immediate action to restore the admitted market for property insurance to competitive healt...

  4. The Independent: March 3, 2023

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  5. IIABCal Testifies at Senate Insurance Committee on Property Insurance

    SACRAMENTO, CA, March 2, 2023 — Independent insurance agents and brokers are experiencing the worst insurance market for property and homeowners’ insurance that most have ever seen in their careers, and immediate action is required to restore a competitive insurance marketplace, IIABCal ...

  6. IIABCal Welcomes New Associate Member - Mercury Insurance

    BREA, CA, March 1, 2023 - IIABCal welcomes its newest associate member, Mercury Insurance, a multiple-line insurance carrier predominantly offering personal auto, homeowners and renters insurance through independent agents. In addition, Mercury writes other lines of insurance in various st...

  7. Will You Help Us Restore The Property Insurance Market?

    SACRAMENTO, CA, Feb. 3, 2023 - IIABCal has launched a major legislative offensive to restore a vibrant, competitive property insurance market. IIABCal is sponsoring legislation that would create powerful incentives for insurers to resume writing and renewing property insurance policie...

  8. Consumers Need Healthy Insurance Competition in California

    President's Message: A vibrant insurance market in California is critical to the growth of the state’s economy.  If the Golden State is expected to sustain its status as the fourth largest economy in the world, California’s independent insurance agents and brokers must h...

  9. IIABCal Prepares Legislation to Restore Property Insurance Market

    SACRAMENTO, CA, Feb. 3, 2023 - IIABCal is going on the offensive to restore the California property insurance marketplace and is now finalizing a sweeping legislative proposal that would give insurers significant reasons to resume writing and renewing property insurance risks, even in high fire seve...

  10. The Independent: Feb. 3, 2023

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