Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California’s $27.6M Fine Against Mercury Insurance Remains After Court Action
Aug 16 2019 // California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co. for improperly tacking fees onto auto insurance policies will stand. The California...
Outside Inspectors Find Tree Hazards That PG&E Contractors Overlooked
Aug 16 2019 // PG&E Corp.’s court-appointed compliance monitor concluded the utility isn’t trimming trees that pose wildfire threats in high-risk areas of California and didn’t train its contractors properly. The...
ATTOM Data Solutions in California Puts Notaras of XL Innovate on Board
Aug 16 2019 // Irvine, Calif.-based ATTOM Data Solutions has named Martha Notaras to its board of directors. Notaras is a partner at venture capital fund, XL Innovate, investing in insurtech and fintech. She serves on the boards of four...
California Cannabis Market on Track to Hit $3.1B, Report Shows
Aug 15 2019 // After briefly faltering a year ago, California’s massive cannabis industry seems to be regaining steam. Cannabis sales in the Golden State are expected to reach nearly $3.1 billion this year, a report released today...
Mayor of Major California City Wants Gun Owners to Get Liability Insurance
Aug 14 2019 // The mayor of San Jose has proposed requiring gun owners in the nation’s 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence. The Mercury News reported that, if...
Nation’s Excess & Surplus Market Reports 13% Growth Through Midyear
Aug 14 2019 // Source: Texas Surplus Lines Stamping Office The nation’s excess and surplus lines insurance industry is growing almost 13 percent faster halfway through this year than it did last year at this time. Mid-year premium...
Northern California Wildfire Victims Can File Claims With PG&E
Aug 14 2019 // People affected by wildfires in Northern California in 2017 and 2018 can soon file claims for housing assistance and other immediate needs with Pacific Gas & Electric Co. They can file their claims online through the...
Jury Awards $13M to Former Patients of California Psychiatric Facility
Aug 14 2019 // A jury has awarded more than $13 million to three women, finding they were harmed and did not consent to sexual contact by an employee of a California psychiatric facility. The Ventura County Star reports the jury found...
Court in California Rules NCAA Athletes Are Not Employees
Aug 13 2019 // A former linebacker for the University of Southern California wasn’t an employee of the National Collegiate Athletic Association or the PAC-12 Conference and isn’t owed payment for his work on the football...
Texas’ Tricolor Launches Auto Insurance Option for Low Income Consumers
Aug 13 2019 // Tricolor, a Dallas-based used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, is now offering affordable auto insurance option for low-income and credit invisible customers through...
California Group Seeking Legislative Action on Wildfires
Aug 12 2019 // A broad California coalition is calling for support for package of bills to create a California Wildfire Warning Center, develop more skilled firefighters and establish defensible space standards Action for Wildfire...
Mobile Auto Insurer Root Insurance Expands Into California
Aug 12 2019 // Root Insurance, a licensed insurance carrier powered by mobile, has entered California, making it now available to 60% of the U.S. population. Customers can sign up and customize their coverage to immediately see how some...
Execs: Wholesalers at Center of Topa Plans After Acquisition of California Insurer
Aug 9 2019 // Two key executives involved in the acquisition of Topa Insurance Group by Altamont Capital Partners who spoke about the deal were emphatic about one thing: wholesalers will continue to be the center of the company’s...
University of California Regents to Pay $1.5M in Hostile Work Environment Case
Aug 9 2019 // A Los Angeles jury has ordered the University of California Board of Regents to pay $1.58 million to a woman who alleged co-workers made harassing and racially charged comments. The verdict was announced Tuesday by lawyers...
PG&E Posts $2.6B Loss Stemming From California Wildfires, Bankruptcy
Aug 9 2019 // PG&E Corp. reported a $2.6 billion loss for the second quarter as costs from devastating wildfires in 2017 and 2018 and the California utility’s giant’s ongoing bankruptcy wiped out earnings. The loss...
Bayer Proposes to Settle U.S. Roundup Lawsuits for $8 Billion: Bloomberg
Aug 9 2019 // Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An agreement, which could take...
Clarifying Law Around Insurance of Marijuana Act Would Reduce Gaps, Expert Says
Aug 8 2019 // Chris Boden is stoked about the potential of a recently introduced bill in Congress that would create a safe harbor for insurers engaging with cannabis-related businesses. Boden is the cannabis practice group team leader...
EPIC Acquires Trumark Insurance & Financial Services in California
Aug 8 2019 // EPIC Insurance Brokers and Consultants has acquired Trumark Insurance & Financial Services in a Pleasanton, Calif. The deal closed August 1, and terms were not disclosed. Trumark is a brokerage/general agency...
Apple Faces Privacy Lawsuit Over Listening to Siri Users’ Recordings
Aug 8 2019 // Apple Inc. was sued over claims that the privacy of Siri users was violated when human reviewers listened to customer recordings. The lawsuit was filed as a class action Wednesday, just days after Apple said it would pause...
Ridgecrest Earthquakes Shake Up Californians, but How Bad Could it Be?
Aug 8 2019 // This post is part of a series sponsored by CoreLogic. Earthquake risk in California is no secret. For years scientists have been warning the state is overdue for a large damaging event. Nearly 30 years ago, the 1989 Loma...
