Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Public Utilities Commission Fines PG&E $2.1B over Wildfires
Feb 28 2020 // The California Public Utilities Commission has issued an administrative law judge decision imposing $2.137 billion in penalties against Pacific Gas and Electric Company for the utility’s role in the catastrophic 2017...
California Father And Son Charged With Auto Insurance Fraud
Feb 28 2020 // A father and son from California have been charged with felony counts of auto insurance fraud after allegedly falsifying an insurance claim in order to receive an undeserved payout from an insurance company. The charges...
California Wildfire Victims Fear They’ll Be Last in Payout
Feb 27 2020 // A $13.5 billion settlement between victims of California’s catastrophic wildfires and the utility blamed for causing them was supposed to bring some peace and hope to people still reeling from the...
Congress Urged to Uphold, Not Override, State Privacy Laws
Feb 27 2020 // California Attorney General Xavier Becerra on Tuesday sent a letter to four top U.S. lawmakers urging them not to pre-empt the state’s new privacy law with a watered down federal legislation. The California Consumer...
39 States Investigating E-Cigarette Maker Juul Over Marketing to Underage Users
Feb 27 2020 // A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc.’s marketing practices, adding to mounting legal and regulatory problems for the e-cigarette maker over its role in the...
Time Warner Cable Will Pay $18.8M in California Internet Case
Feb 27 2020 // Time Warner Cable will pay $18.8 million to settle a lawsuit that claimed it misled more than 170,000 California customers who paid for high-speed internet service that they didn’t receive, prosecutors said. Eligible...
Northern California Sting Brings Insurance Fraud Charges in Auto Body Repair Bust
Feb 27 2020 // An operation by a crime task force in Northern California targeting auto body repair facilities resulted in eight felony counts of insurance fraud against four individuals The California Department of Insurance, Contra...
PG&E Fires Contractor After Probe Involving California Wildfires
Feb 26 2020 // Pacific Gas & Electric has fired a contractor hired to haul debris from the site of a deadly 2018 Northern California wildfire, saying the company was over-billing the utility and paying “large sums of money and...
Cooper & McCloskey Opens New California Office, Moves Yap to Larger Role
Feb 26 2020 // Cooper & McCloskey Inc. Insurance Brokers has opened a new office in Walnut Creek, Calif., and has moved Jessi Yap into a full-time post in that office. Yap rejoined the firm in October on a limited bases, but has...
Feds to Look into California Bus Rollover That Killed 3
Feb 25 2020 // Federal investigators are sending a team to the scene of a charter bus crash crash that killed three people and injured 18 others on a rain-slicked highway near San Diego, officials said. The bus was on Interstate 15 in...
Newfront in California Names Cannabis Specialist Word Head of Agribusiness
Feb 25 2020 // Newfront Insurance in San Francisco, Calif., has named Seth Word principal and head of agribusiness. At Newfront, he’ll oversee all aspects of cannabis as well as agriculture and horticulture coverage. Prior to...
Safety Board to Report on Tesla Autopilot Crash, Issue Safety Recommendations
Feb 24 2020 // The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot crash in California and will issue a series of safety recommendations,...
Berkshire Hathaway P/C Insurance Profit Down in 2019
Feb 24 2020 // Full-year insurance results at Berkshire Hathaway disappointed in 2019, with after-tax earnings from underwriting falling to $325 million in 2019 compared to $1.6 billion in 2018. Earnings from primary insurance operations...
CoreLogic: 2019 Was 7th Year in Last Decade with 10 or More Disasters of $1B-Plus
Feb 24 2020 // Last year was a particularly hazardous one, with natural catastrophes causing excessive damages in what appears to be an ongoing trend of higher losses in the past decade, while also posing a danger in many U.S....
A Tale of Two Californias: Managing Wildfire Risk in the Year 2030
Feb 24 2020 // For most of the 20th century, the insurance industry considered wildfires to be little more than a nuisance. They were frequent but rarely resulted in more than a handful of claims, and underwriters priced for them in the...
California FAIR Plan Can Offer Only Fire Insurance, Judge Says
Feb 21 2020 // A fund that offers only fire insurance to California residents in wildfire-prone areas can’t be required to provide coverage for other hazards such as flooding or theft, a judge ruled this week. Superior Court Judge...
Group Sues California Commissioner over Public Records of Dealings with Insurance Executives
Feb 18 2020 // A non-profit consumer group announced on Tuesday it has filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the California Department of Insurance to hand over records of Lara’s meetings and...
California Commissioner, Lawmakers Intro ‘Hardened Homes’ Wildfire Bill Requiring Admitted Market to Offer Coverage
Feb 18 2020 // A newly proposed bill would clarify under California law the concept of “hardened homes” that are safer or more resistant to wildfires and then require admitted carriers to cover those homes. California’s...
RIMS Workshop at University of Southern California Drawing Broader Insurance Professional Audience
Feb 18 2020 // A risk professional is no longer merely someone who just focuses on protecting assets, according to Ward Ching, a managing director of the Western region at Aon. Ching not only sees a growing need for risk professionals to...
Surplus Line Association of California Elects 2020 Board
Feb 18 2020 // The members of the Surplus Line Association of California have elected Terri Moran of Paul Hanson Partners as chair of the SLA board of directors. Moran’s election became official at the SLA annual meetings on Feb. 4...
