Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
New $20M Coverage for California Commercial Property E&S Risks in Wildfire Areas
May 8 2024 // Wildfire Defense Insurance Services is offering a $20 million excess and surplus commercial property coverage for E&S risks in wildfire prone areas of California. The coverage is for total insured value up to $20...
Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California
May 6 2024 // Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s...
Hub Acquires Williams Insurance Services in California
May 6 2024 // Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding...
New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again
May 6 2024 // The first quarter of the year saw the sixth straight quarterly increase (.7%) in overall registrations in California in the first quarter from the same period last year, while the state’s love affair with...
Business Moves
May 6 2024 // National Strategic Risk Solutions, Garnet Captive Insurance Services Strategic Risk Solutions (SRS) reported it has agreed to acquire Garnet Captive Insurance Services, a Philadelphia, Pennsylvania, firm that partners with...
People & Places
May 6 2024 // National Dawn Miller Lloyd’s appointed Dawn Miller chief commercial officer and CEO of Lloyd’s Americas. Miller, who joined Lloyd’s in 2022 and oversees its global network as commercial director, will...
New California Law Expands Work Comp Role in Curbing Workplace Violence
May 6 2024 // New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger...
California Business Owner Ordered to Pay $687K in Restitution for Workers’ Comp Fraud
May 3 2024 // A California business owner convicted of felony workers’ compensation insurance fraud was ordered to pay $687,560 in restitution to the victims. An investigation by the California Department of Insurance determined...
California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll
May 2 2024 // Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a joint investigation with the California Department of Insurance, Solano County District...
Study: California’s 2023 Snowy Rescue from Megadrought a Freak Event
May 1 2024 // Last year’s snow deluge in California, which quickly erased a two decade long megadrought, was essentially a once-in-a-lifetime rescue from above, a new study found. Don’t get used to it because with climate...
Billionaire Ellison Is Moving Oracle to Nashville From Texas
Apr 30 2024 // Larry Ellison plans to make Nashville the world headquarters for Oracle Corp., only a few years after relocating the tech giant from Silicon Valley to Austin. Ellison said Oracle is developing a campus in the Tennessee...
Flow Specialty in California Emerges from Rebrand, Adds New Leadership
Apr 30 2024 // Capitola Insurance in California has completed its rebranding to Flow Specialty and the specialty wholesaler has added new leadership. David Derigiotis has been named president of brokerage and head of insurance....
Ring in California Paying $5.6M to Customers as Part of Privacy Settlement
Apr 30 2024 // The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In...
People Moves: Lara Makes Appointments to California Curriculum Board and Insurance Diversity Task Force
Apr 29 2024 // Ricardo Lara California Insurance Commissioner Ricardo Lara made several appointments to the state’s curriculum board and insurance diversity task force. Lara named Aretha Hartley as the newest member of the...
‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO
Apr 29 2024 // Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least in California, according to the head of the state’s largest electricity...
Jerry Rice to Headline CIWA Annual Summer Forum
Apr 26 2024 // Jerry Rice South Lake Tahoe, CA., April 26, 2024 – The California Insurance Wholesalers Association (CIWA) proudly announces Jerry Rice, the legendary former professional football player, as the VIP speaker for their...
Workers’ Comp Rating Bureau of California OKs Higher Pure Premium Rate Filing
Apr 26 2024 // The Workers’ Compensation Insurance Rating Bureau of California submitted its Sept. 1, 2024, pure premium rate filing to the California Department of Insurance, proposing advisory rates on average 0.9% above the...
Viewpoint: Insurers Face Added Role in Curbing Workplace Violence With California Law
Apr 25 2024 // New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger...
Omaha National Acquires Sutter Insurance in California
Apr 24 2024 // Omaha National Group Inc. acquired Sutter Insurance Co., a California domiciled carrier. Sutter Insurance has been renamed Omaha National Casualty Co. Omaha National also owns Omaha National Insurance Co., which is...
California Lawsuits Say Fertility Operation Destroyed Embryos
Apr 19 2024 // Several lawsuits in California were filed against Ovation Fertility, a large network of fertility clinics, were filed by former patients whose embryos were destroyed due to a reported critical error at the company’s...
