Yearly Archives: <span>2014</span>

Policyholders File Claims, Get Payments for California Quake

The California Earthquake Authority reported it has paid numerous claims for damage to homes that sustained “relatively minor damage” from the magnitude 5.1 earthquake that struck La Habra on March 28. Most CEA claim payments to date from the shake …

Snowpack Survey Gives Bleak Summer Outlook for California

With summer approaching state water managers say California’s snowpack is at 18 percent of average for the date. The Department of Water Resources at the end of April said the season’s final survey of the Sierra Nevada snowpack found more …

U.S. Report: Climate Change Here, Deal With It

Climate change is in the here and now, according to a massive report issued earlier this month. The White House’s National Climate Assessment report is part of President Barack Obama’s effort to prepare the nation for the impacts of a …

NORCAL Mutual Expands Medical Professional Liability Coverage to Nevada

NORCAL Mutual Insurance Co. is now offering medical professional liability insurance to Nevada physicians. For the past eight years, Nevada healthcare professionals have been offered coverage from Medicus Insurance Co., a NORCAL Mutual wholly owned subsidiary. Upon renewal, Medicus policyholders …

Study: Company Data Breach Now Costs $3.5M on Average

The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a recent study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each …

Immigrants in California Study for Driver Test Months Out

There’s a lot riding on a California law to grant driver’s licenses to immigrants in the country illegally, and supporters are already preparing prospective drivers in the most populous U.S. state to pass the test required to get one. A …

High Net Worth Carrier PURE Enters California

Call it a little luck or a good timing – maybe a bit of both – but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a …

Disaster Loans Made Available for New Mexico Small Businesses

Small businesses in eight New Mexico counties are eligible for federal disaster loans due to the drought. The U.S. Small Business Administration made the announcement in April, saying the loans can help offset economic losses from reduced revenues caused by …

WIAA Objects to In-House Producer Disciplinary Hearings in California

The Western Insurance Agents Association is throwing up some objections to a California Department of Insurance proposal that would enable the department’s hearing bureau to adjudicate agent/broker and carrier disciplinary proceedings. Producer disciplinary proceedings in California have been held for …

Landlords Who Evicted Tenants for Airbnb Sued by San Francisco

The city of San Francisco has sued two landlords for allegedly evicting tenants to rent out rooms on such websites as Airbnb, opening a new front in a controversy over increasingly popular home-rental services. In separate lawsuits filed by City …