Los Angeles News

Study: Los Angeles Has Highest Workers’ Comp Claim Costs in California

The Los Angeles area continues to be a drag on California’s overall workers’ compensation costs, according to a study out today from the Workers’ Compensation Insurance Rating Bureau. The WCIRB’s study on regional differences in California workers’ comp claim costs and …

Worldwide Facilities Wins 2016 AAMGA Marketing Award

Los Angeles, CA, July 19, 2016- Worldwide Facilities was chosen this year as a second-place winner of the 2016 AAMGA Marketing Award for its print marketing campaign. The award singles out exceptional advertising and communications campaigns in the insurance industry within a range …

Los Angeles Sidewalk Plan Passes off Responsibility for Future Repairs

A joint City Council committee has backed a sidewalk repair plan that calls for Los Angeles to cover the cost of the first repair, then hand off the responsibility for future fixes back to the property owner. The Los Angeles …

Los Angeles CPCU Society Chapter Names Worldwide Facilities, LLC 2015 Employer of the Year

Los Angeles, CA, February 18, 2016 — On December 8, 2015, The Los Angeles CPCU Society Chapter  presented its first “Employer of the Year” award to Lori Hunter, CPCU, on behalf of Worldwide Facilities, LLC. The award is meant to recognize …

Worldwide Facilities, LLC Welcomes Insurance Veteran John Addeo to Its Board of Directors

Los Angeles, CA, January 22, 2016 — Worldwide Facilities is proud to announce that John Addeo, the founder of three national insurance brokerage companies, will be joining its Board of Directors. After graduating from Manhattan College, Addeo began his career …

Worldwide Facilities, LLC Opens New South Bay- LA Office; Appoints Brian Vassallo as Senior Vice President

Los Angeles, CA, January 12, 2016—Worldwide Facilities, a national wholesale insurance brokerage and managing general agent, announces the opening of a new location in the south bay area of Los Angeles, California. Brian Vassallo will serve as Senior Vice President. …

Gas Leak Forcing Southern California Residents to Flee Neighborhood

The sulfurous scent of a natural-gas leak hangs in the air as mail carriers wearing gas masks make rounds to mostly deserted homes in the Los Angeles neighborhood of Porter Ranch. Life in the community of 30,000 people chiseled into …

Los Angeles City Council Votes for Quake Retrofit on Older Buildings

Thousands of older wood and concrete apartment buildings that would be vulnerable to collapse in a major earthquake would get costly upgrades under sweeping retrofitting rules passed Friday by the Los Angeles City Council. The mandate would affect as many …

Wells Fargo Sued by Los Angeles Over ‘Fraudulent Conduct’

Wells Fargo Bank could be writing a big check after the city of Los Angeles filed a lawsuit over unfair practices in which employees opened unauthorized accounts for customers, sticking them with fees and damaging their credit. The Los Angeles …

3.9M Quake Shakes Buildings Across Southern California

A small earthquake has rattled the greater Los Angeles area, shaking buildings and waking residents over the weekend. There were no reports of injuries or damage. The U.S. Geological Survey says an earthquake with a preliminary magnitude of 3.9 hit at …