Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
California Insurance Commissioner’s Applied Underwriters Decision Challenged over Campaign Contributions
Aug 7 2019 // A pair of companies has filed to overturn decisions by California Insurance Commissioner Ricardo Lara in cases involving workers’ comp provider Applied Underwriters, alleging the decisions by Lara were swayed by...
California Workers’ Comp Committee Votes for Drop in 2020 Pure Premium Filing
Aug 7 2019 // The Workers’ Compensation Insurance Rating Bureau of California’s governing committee voted on Wednesday to authorize the WCIRB to submit a Jan. 1, 2020 advisory pure premium rate filing to the California...
California Manufacturer of Fire Protection Spray Sued for $5M
Aug 7 2019 // A $5 million lawsuit has been filed against a Los Angeles County company that sells a product it contends helps protect homes from wildfires. The Santa Barbara County district attorney and the Los Angeles city attorney...
AmWINS Group to Acquire LISI and CoPower in California
Aug 7 2019 // AmWINS Group Inc. has signed a definitive agreement to acquire LISI Inc. and CoPower, Inc. Terms of the deal were not disclosed. The transaction is expected to close later this month, pending regulatory approval and...
U.S. Northwest Faces Growing Wildfire Threat
Aug 6 2019 // Nestled in the foothills of Washington’s Cascade Mountains, the bustling Seattle suburb of Issaquah seems an unlikely candidate for anxiety over wildfires. The region, famous for its rainfall, has long escaped major...
California Leads Nation in SMB Cyber Insurance Adoption, Report Shows
Aug 6 2019 // California leads the nation in small to mid-size business cyber insurance adoption, according to a report released on Tuesday by CyberPolicy. The report shows the highest annual premium in the state totaled more than...
California Insurance Commissioner, Ricardo Lara, to Deliver Keynote at American Agents Alliance Conference
Aug 6 2019 // August 6, 2019, Sacramento, CA – We are thrilled to welcome our new Insurance Commissioner, Ricardo Lara, as our 2019 keynote speaker. Join us as the commissioner discusses his policy priorities and initiatives for...
California Trucking Association Launches Trucking Proud Insurance Agency
Aug 6 2019 // The California Trucking Association (CTA) in partnership with Gamie, LLC, and C3 Risk and Insurance have launched a new trucking insurance agency offering a cross section of insurance products for trucking companies across...
California Court of Appeal Hands Win to Insurer, Rental Car Space
Aug 5 2019 // The California Court of Appeal, Second Appellate District, has upheld the decision of a trial court ruling finding that fees rental car agencies charge for optional insurance need not be included in rate filings and are...
California Vineyard Hit with $3.7M Fine for Bulldozing Wetland
Aug 5 2019 // California regulators say a Silicon Valley tech entrepreneur and winemaker has agreed to pay $3.76 million in penalties after his company bulldozed a protected wetland and filled in a stream bed to build a vineyard in...
Power Outage Grounded Flights at Southern California Airport
Aug 5 2019 // A Southern California airport cancelled all flights after a power outage left all its terminals in the dark. John Wayne Airport in Orange County diverted all arriving flights and cancelled departing flights after the...
My New Markets
Aug 5 2019 // Coastal Homeowners Insurance Market Detail: Coastal Risk Solutions LLC (CRS) (www.coastalrisksolutionsllc.com) is a managing general agent in the coastal homeowners space. Coastal Risk Solutions offers a set of niche...
Jury Begins Deliberating in Trial over Deadly California Warehouse Fire
Aug 2 2019 // A jury has begun deliberating the fate of two men charged in a deadly fire at a San Francisco Bay Area warehouse two years ago. Derick Almena and Max Harris were charged with involuntary manslaughter in the deaths of 36...
