insurance

WELLS FARGO FACES INSURANCE LICENSE SUSPENSION OR REVOCATION

 

Source: California Insurance Commissioner

December 6, 2017 (Sacramento) -- Wells Fargo Bank, N.A. and Wells Fargo Insurance, Inc., have been served with an accusation by the California Department of Insurance seeking to suspend or revoke its licenses for alleged improper insurance sales practices related to the company's online insurance referral program, which resulted in insurance products being purchased and paid for by consumers without their knowledge.

HOMELESS YOUTH DETERMINED TO GET DEGREE EARNS TRANSPORTATION AND A LAPTOP FROM CALIBER COLLISION RECYCLED RIDES

 

February 26, 2013 (San Diego)-- As one of 6,000 homeless or unaccompanied youths in the San Diego Unified School District, Jorge Palacios could have easily dropped out of school.  But he didn’t.  Now, his determination to graduate and move on to a college education was rewarded when he received keys to a newly refurbished vehicle from Caliber Collision’s Recycled Rides program last Friday.  

Caliber Collision’s Recycled Rides program partners with insurance companies to donate refurbished vehicles to individuals and service organizations in need.  Jorge’s new vehicle was donated by Esurance and refurbished by Caliber Collision associates who volunteered personal time to repair the car and solicit donations from local businesses to help with expenses such as gas and insurance.

VETERANS FACE DRIVING CHALLENGES

By Lori Abbott, California News Service

November12, 2012 (San Diego)--Many military veterans are facing challenges behind the wheel. In fact, traffic accidents are the leading cause of death for military personnel in their first year after returning home from war. And USAA insurance says service members were involved in at-fault accidents 13 percent more often after deployments.

EAST COUNTY AUTO CLUB BRANCH OPENS

September 24, 2012 (El Cajon) – The Automobile Club of Southern California has opened a branch at 2987 Jamacha Road, El Cajon, in the Rancho San Diego Towne Center (Target shopping center).

The new 6,480-square-foot branch is adjacent to TGI Fridays restaurant near the corner of Jamacha Road and Campo Road. The branch phone number is (619) 660-6657.

ECM WORLD WATCH: GLOBAL AND NATIONAL NEWS

September 6, 2012 --  (San Diego’s East County) – ECM World Watch helps you be an informed citizen about important issues globally and nationally. As part of our commitment to reflecting all voices and views, we include links to a wide variety of news sources representing a broad spectrum of political, religious, and social views. Top world and U.S. headlines include:   

U.S.

        GENERAL NEWS

  • The way ahead: U.S. hands of war to Afghan troops (UT San Diego)
  • Sorry savers, interest rates set record lows (ABC News)
  • Federal  Reserve audit finds $16 trillion in secret loans  (Senator Bernie Sanders, author of amendment requiring the audit)
  • Residents impacted by Isaac return home (CBS News)
  • National Conference of American Indians opposes Dept. of Interior fast-tracking on renewable energy projects near Colorado River
  • Are small businesses being heard this election year? (Entrepreneur)
  • Dumped by home insurance after a disaster?  (BankRate.com)
  • VA phone calls won’t solve massive problems (The Reno dispatch)

        PRESIDENTIAL ELECTION

WORLD

  • More than 100,000 Syrians flee in one month (CNN)
  • 7.6 quake in Philippines triggers tsunami alert (CNBC)
  • Syrian rebels hit back at Assad’s air power (Reuters)

Read more for excerpts and links to full stories.

FARM BILL: SOME GOOD, SOME BAD FOR CALIFORNIA

 
June 20, 2012 (Washington, D.C.)The U.S. Senate is taking up the Farm Bill, which will set the nation's food policy for the next five years. The legislation's title - the Agriculture Reform, Food and Jobs Act of 2012 - includes the word "reform," although some California farmers question the amount of reform it contains.

Dave Runsten, policy director for the Community Alliance with Family Farmers, supports eliminating direct payments to farmers who may or may not plant crops. He adds that the bill shifts much of that money into federally subsidized crop insurance. 

GROSSMONT COLLEGE OFFICE PROFESSIONAL TRAINING PROGRAM RECEIVES GRANT

 
May 27, 2012 (El Cajon)--Women Give San Diego, a local nonprofit organization, has awarded Grossmont College’s Office Professional Training (OPT) program a $15,500 grant to assist with counseling services for OPT students.
 
The college’s OPT program provides up-to-date skills training for jobs in professional office settings in the accounting, insurance, and financial services fields. More than 2,200 students have graduated from the OPT program since it started in 1985.

DUCHENY BLASTS VARGAS FOR ‘WAR ON WOMEN’S HEALTH

 
May 6, 2012 (San Diego)—Congressional candidate Denise Moreno Ducheny has chastised her opponent, Senator Juan Vargas, for voting against a woman’s right to choose. Vargas voted in opposition to Senate Bill (SB) 1338 (Kehoe) during last week’s Senate Business, Professions and Economic Development Committee. The final vote on the bill was 4-4 with one Senator not voting, effectively killing the bill in committee. 

READER’S EDITORIAL: SDG&E’S LATEST ATTEMPT TO EXPLOIT ITS MONOPOLY STATUS & CORPORATE POWER

 

By Joel A. Harrison, PhD, MPH 
“If we had free market competition, SDG&E would have to absorb the costs of the fire. Quite simply, if
they raised their rates, consumers would switch to other providers.”
 

February 17, 2012 (San Diego’s East County) -- Sempra-owned utility San Diego Gas & Electric wants “San Diego-area utility customers to pay for nearly all of an estimated $463 million in cost not covered by insurance from the catastrophic 2007 wildfires that were triggered in large part by its power lines,” the San Diego Union-Tribune reported. “At stake is who ultimately pays for the fire’s destruction — ratepayers or shareholders.” SDG&E wants the ratepayers to cover 95 to 100 percent of excess wildfire and related litigation costs.

SENIOR FINANCIAL CARE AND HEALTH CARE SEMINAR ON JANUARY 31

 
January 23, 2012 (San Diego) – Assemblymember Marty Block is sponsoring a Senior Financial Care and Health Care seminar on Tuesday, January 31 from 9:30-11:30 a.m.  It will be held at The College Avenue Center at Beth Jacob Synagogue, 4855 College Avenue in San Diego.