With several fires forcing the evacuation of thousands of California residents near Rancho Palos Verdes and La Canada Flintridge, homeowners in hillside and brush areas are reminded of the importance of a family disaster plan.Homeowners often have only minutes to evacuate, and in a panic may forget critical items such as financial documents, medications and other items.
Those not immediately threatened by fire should take the time to create a home inventory and family evacuation plan in the event that fire threatens their neighborhood. In other fire prone areas, residents should create a defensible space around their homes by trimming trees and shrubs on their property.
B-roll illustrating evacuation do’s and don’ts, as well as information on preventing underinsurance and creating a home inventory, is also available for your review on IINC’s Web site at www.iinc.org and the IINC Spots podcast at www.iincspots.org. Information specific to wildfire preparation and recovery is also available at “Disaster Central” at http://www.iinc.org/pages/The%20Wildfire%20Page.
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California Insurance Commissioner Steve Poizner announced that he will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund (SCIF) assets declared unconstitutional.
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Poizner indicated the transaction could lead to major workers' compensation insurance costs for California's construction firms, agricultural industry and other small businesses.
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"In these tough economic times, the state should be doing everything possible to create jobs, not use budget gimmickry to hurt the economy," Poizner said in a statement. "The Schwarzenegger Administration simply got it wrong with their proposal and the Legislature failed to adequately scrutinize the consequences."
- "Selling SCIF at fire-sale prices could further destabilize the workers' comp market in California, and Commissioner Poizner is right to demand a halt to the governor's plans," according to the Los Angeles-based group Consumer Watchdog.
Overall, SCIF sells close to one out of every five workers' compensation insurance policies in the state.
- The lawsuit will likely be filed in Sacramento County Superior Court in the coming days.
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