Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Report Shows California Wildfires, Climate Change Altering Insurance Landscape
Aug 27 2018 // Insurers may be non-renewing more in wildfire-prone areas of California, sending an increasing number of people to the residual market or to surplus lines insurers. A report released on Monday shows that market shares of...
California’s Plan to Help Utilities Deal With Fire Costs
Aug 27 2018 // California lawmakers outlined a proposal to help PG&E Corp. and other utilities cope with billions of dollars of potential damages from deadly wildfires that ravaged the state last year. The plan, part of a broad...
California’s 1st Cannabis Insurer Expands Coverage
Aug 27 2018 // California Insurance Commissioner Dave Jones approved a filing from Golden Bear Insurance Co. amending its California Cannabis program product to lower rates, expand coverage options, and expand the classes of business...
China’s Giant Ping An Insurance Sues U.S. Broker Over Use of Name
Aug 24 2018 // China’s giant Ping An Insurance Group is suing a California-based wholesale brokerage over its use of the name Ping An. The Chinese financial services firm is demanding that Ping An Insurance Center...
Big Insurers Still Taking a Pass on Marijuana Profits
Aug 24 2018 // Marijuana is already a multibillion-dollar business in the U.S. that’s drawing attention from some lawmakers eager for tax revenue and investors looking for profits. So far, however, some of the biggest insurers are...
California High Court: Workers’ Comp Law Provides Exclusive Remedy in Utilization Review Case
Aug 23 2018 // The California Supreme Court issued an opinion today that utilization review physicians cannot be sued for malpractice, upholding established law that the workers’ comp system provides injured employees an exclusive...
California Attorney General Expects State to Play Role in Opioid Deal
Aug 23 2018 // California’s attorney general signaled that he expected to play a major role in settling a nationwide legal fight over the opioid crisis even though the state hasn’t been as hard-hit as others. Drugmakers and...
Google Accused of Illegally Tracking, Violating Privacy of Smartphone Users
Aug 22 2018 // Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it. According to a complaint filed late Friday, Google...
Farmers in California Names Wilson Chief Information Officer
Aug 21 2018 // Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and...
California Commissioner OKs State’s First Insurtech Title Insurer
Aug 21 2018 // California Insurance Commissioner Dave Jones has approved a license for States Title, the first insurtech title insurer licensed and domiciled in California. States Title Insurance Company of California will use...
Federal Government Will Shrink California Beach City’s Flood Zone
Aug 21 2018 // A report says a Southern California beach city has persuaded federal officials to exclude about 2,700 coastal properties from updated flood maps, saving homeowners thousands in insurance costs. The Los Angeles Times...
California’s Plan for PG&E Bonds to Cover Fire Damages in Final Stages
Aug 20 2018 // California is finalizing the details of a plan that could let PG&E Corp. issue bonds to cover potential damages from wildfires that destroyed thousands of homes last year. The details are still being worked out, and a...
California Workers’ Compensation Bureau Submits Lower Pure Premium Filing
Aug 20 2018 // The Workers’ Compensation Insurance Rating Bureau of California on Monday submitted an advisory pure premium rate filing lower than last year’s approved rate to the California Insurance Commissioner. The...
Changes in California Fire-Liability Law Looking Less Likely
Aug 20 2018 // California utilities won’t get a break from lawmakers who were weighing changes to state liability laws that expose the companies to billions in potential damages from last year’s wildfires. Lawmakers...
Excess and Surplus Coverage From Prime Insurance Company Now Available in California
Aug 20 2018 // Chicago, IL, August 20, 2018 — Prime Insurance Company, a leader in excess and surplus lines insurance, announced today that it has been added to the List of Approved Surplus Line Insurers in California. Prime can now...
Study Looks at Polypharmacy Claims in California Workers’ Comp
Aug 17 2018 // A study from the California Workers’ Compensation Institute shows the likelihood that indemnity was paid on a workers’ comp claim increased with the number of concurrent prescriptions the injured worker was...
The Liberty Co. Acquires Majority Ownership of Mitchell & Mitchell in California
Aug 17 2018 // The Liberty Company Insurance Brokers has acquired majority ownership in Mitchell & Mitchell Insurance Agency of Novato, Calif. Liberty will become majority owner joining with several former shareholders of Mitchell...
The Liberty Company Insurance Brokers Acquires Majority Ownership of Mitchell & Mitchell Insurance Agency
Aug 17 2018 // Woodland Hills, CA, August 17, 2018 – The Liberty Company Insurance Brokers, based in Woodland Hills with offices throughout California, is proud to announce its newest partnership with Mitchell & Mitchell Insurance...
Crumbaker Opens Brightway Agency in Carlsbad, California
Aug 16 2018 // Veteran insurance executive and now Brightway insurance agency owner, Brian Crumbaker, has opened Brightway, The Crumbaker Agency in Carlsbad, California. While the brand is still new to California, Crumbaker’s...
California Considers Rule Changes as Legal Pot Market Struggles
Aug 15 2018 // The nation’s largest legal marijuana market is struggling. Illicit sales continue to thrive in California and shaky supply chain has customers looking at barren shelves in some licensed shops. There are testing...
