Business News
SACRAMENTO – The California State Board of Food and Agriculture will hold a two-day meeting to discuss a variety of local agricultural issues impacting the Delta and Sonoma County.
As an advisory board to the governor and the CDFA secretary, the board addresses issues of importance to California’s farmers, ranchers and community stakeholders.
On Wednesday, Jan. 31, the board will hear from Delta stakeholders on the importance of Delta agriculture, agritourism and environmental restoration efforts.
The meeting will be held from 10 a.m. to 12:30 p.m. at the Old Sugar Mill, 35265 Willow Ave. (Barrel Room), Clarksburg.
Invited speakers include Supervisor Skip Thomson, chair of the Delta Protection Commission; Mark Pruner, public member of the Delta Protection Advisory Committee; Stephen F. Herigner III, Heringer Estates Family Vineyard & Winery; Tim Neuharth, Steamboat Acres; Michael George, Delta Watermaster; and Kristopher Tjernell, California Natural Resources Agency. Following the meeting, board members will have a tour of Delta region in cooperation with staff from the Delta Protection Commission.
On Thursday, Feb. 1, the board will have a meeting in Sonoma County to discuss the impacts of the October wildfires on local agricultural production.
The meeting will be held from 12:30 p.m. to 2 p.m. at Iron Horse Vineyards, 9786 Ross Station Road, Sebastopol.
Invited speakers include: Agricultural Commissioner Tony Linegar, county of Sonoma; Karissa Kruse, Sonoma County Winegrowers; Honore Comfort, Wine Business Institute; Gladys Horiuchi, Wine Institute; and a representative from Sonoma County Tourism.
Prior to the meeting, board members will have a tour of impacted areas in Sonoma County in cooperation with staff from the county of Sonoma.
The California State Board of Food and Agriculture advises the governor and the CDFA secretary on agricultural issues and consumer needs. The state board conducts forums that bring together local, state and federal government officials, agricultural representatives and citizens to discuss current issues of concern to California agriculture.
All meetings are open to the public and attendance is welcome.
Follow the board on Twitter at www.twitter.com/Cafood_agboard.
As an advisory board to the governor and the CDFA secretary, the board addresses issues of importance to California’s farmers, ranchers and community stakeholders.
On Wednesday, Jan. 31, the board will hear from Delta stakeholders on the importance of Delta agriculture, agritourism and environmental restoration efforts.
The meeting will be held from 10 a.m. to 12:30 p.m. at the Old Sugar Mill, 35265 Willow Ave. (Barrel Room), Clarksburg.
Invited speakers include Supervisor Skip Thomson, chair of the Delta Protection Commission; Mark Pruner, public member of the Delta Protection Advisory Committee; Stephen F. Herigner III, Heringer Estates Family Vineyard & Winery; Tim Neuharth, Steamboat Acres; Michael George, Delta Watermaster; and Kristopher Tjernell, California Natural Resources Agency. Following the meeting, board members will have a tour of Delta region in cooperation with staff from the Delta Protection Commission.
On Thursday, Feb. 1, the board will have a meeting in Sonoma County to discuss the impacts of the October wildfires on local agricultural production.
The meeting will be held from 12:30 p.m. to 2 p.m. at Iron Horse Vineyards, 9786 Ross Station Road, Sebastopol.
Invited speakers include: Agricultural Commissioner Tony Linegar, county of Sonoma; Karissa Kruse, Sonoma County Winegrowers; Honore Comfort, Wine Business Institute; Gladys Horiuchi, Wine Institute; and a representative from Sonoma County Tourism.
Prior to the meeting, board members will have a tour of impacted areas in Sonoma County in cooperation with staff from the county of Sonoma.
The California State Board of Food and Agriculture advises the governor and the CDFA secretary on agricultural issues and consumer needs. The state board conducts forums that bring together local, state and federal government officials, agricultural representatives and citizens to discuss current issues of concern to California agriculture.
All meetings are open to the public and attendance is welcome.
Follow the board on Twitter at www.twitter.com/Cafood_agboard.
- Details
- Written by: Editor
SACRAMENTO – The California Department of Insurance this week issued two additional orders to show cause against Access Insurance Co.
The first alleges Access Insurance Co. is conducting its business and affairs in a manner that threatens to render it insolvent or in a financially hazardous condition in violation of the California Insurance Code.
The second alleges the company has failed to pay over $5 million in premium taxes, interest and penalties.
The first order to show cause alleges that Access Insurance Co. conducts its business in a hazardous manner that results in a risk of loss to the policyholders, creditors and the public.
The order alleges the company has failed to properly account for its future obligations. The company's reserves are $22.5 million deficient and it has failed to pay premium taxes, penalties and interest in excess of $5 million dollars resulting in a total deficiency of nearly $27.2 million available to pay policyholders on their claims.
The department staff alleges that as a result of the deficiency noted above Access Insurance Co. failed to maintain the capital required by law and the insurance commissioner is authorized to place the company under regulatory control.
As a result, the Access Insurance Co. may be subject to conservation or liquidation proceedings. Irreparable loss and injury to the property and business of the company may occur unless the insurance commissioner acts to correct, eliminate, and remedy such conduct and conditions.
The second order to show cause charges Access Insurance Co. with repeatedly failing to pay premium taxes to the state of California, and alleges that the company currently owes more than $5.2 million in delinquent taxes, interest and penalties.
Pursuant to California Revenue and Taxation Code Section 12802, Access Insurance Co.'s certificate of authority shall be revoked unless the company can establish that the taxes, interest and penalties currently outstanding and due have been paid. The department staff alleges that this outstanding tax liability is in addition to the inadequate reserves identified in the first order to show cause.
"As insurance commissioner, my first priority is protecting consumers," said Insurance Commissioner Dave Jones. "To do this I must ensure all insurance companies are following the law, acting with financial integrity, and delivering on their promises to consumers."
A public hearing will be held on Feb. 14 at 10 a.m. at the Department of Insurance in San Francisco after which the insurance commissioner will determine whether to issue a cease desist order and or revoke Access Insurance's Certificate of Authority to transact insurance.
A separate order to show cause, accusation, and notice of noncompliance were filed in July 2017 charging Access Insurance Co. and some of its affiliates with engaging in improper claims handling and improper rating and underwriting practices in violation of the California Insurance Code and the Fair Claims Settlement Regulations. These actions are still pending.
The first alleges Access Insurance Co. is conducting its business and affairs in a manner that threatens to render it insolvent or in a financially hazardous condition in violation of the California Insurance Code.
The second alleges the company has failed to pay over $5 million in premium taxes, interest and penalties.
The first order to show cause alleges that Access Insurance Co. conducts its business in a hazardous manner that results in a risk of loss to the policyholders, creditors and the public.
The order alleges the company has failed to properly account for its future obligations. The company's reserves are $22.5 million deficient and it has failed to pay premium taxes, penalties and interest in excess of $5 million dollars resulting in a total deficiency of nearly $27.2 million available to pay policyholders on their claims.
The department staff alleges that as a result of the deficiency noted above Access Insurance Co. failed to maintain the capital required by law and the insurance commissioner is authorized to place the company under regulatory control.
As a result, the Access Insurance Co. may be subject to conservation or liquidation proceedings. Irreparable loss and injury to the property and business of the company may occur unless the insurance commissioner acts to correct, eliminate, and remedy such conduct and conditions.
The second order to show cause charges Access Insurance Co. with repeatedly failing to pay premium taxes to the state of California, and alleges that the company currently owes more than $5.2 million in delinquent taxes, interest and penalties.
Pursuant to California Revenue and Taxation Code Section 12802, Access Insurance Co.'s certificate of authority shall be revoked unless the company can establish that the taxes, interest and penalties currently outstanding and due have been paid. The department staff alleges that this outstanding tax liability is in addition to the inadequate reserves identified in the first order to show cause.
"As insurance commissioner, my first priority is protecting consumers," said Insurance Commissioner Dave Jones. "To do this I must ensure all insurance companies are following the law, acting with financial integrity, and delivering on their promises to consumers."
A public hearing will be held on Feb. 14 at 10 a.m. at the Department of Insurance in San Francisco after which the insurance commissioner will determine whether to issue a cease desist order and or revoke Access Insurance's Certificate of Authority to transact insurance.
A separate order to show cause, accusation, and notice of noncompliance were filed in July 2017 charging Access Insurance Co. and some of its affiliates with engaging in improper claims handling and improper rating and underwriting practices in violation of the California Insurance Code and the Fair Claims Settlement Regulations. These actions are still pending.
- Details
- Written by: Editor
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