Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Hard-hit California Town to Get Little Rain from Storm
Jan 18 2018 // Crews clearing mud and restoring utilities in Montecito, California, have another day of dry weather before the next chance of rain, but forecasters say the approaching system is weakening. The National Weather Service...
CAL Insurance Adds Boukhalil in Affluent Families Division in California
Jan 18 2018 // CAL Insurance & Associates Inc. has added Elian Boukhalil as an account manager. Boukhalil will work within CAL’s affluent families division. She was previously an intern with Publiscreen Online. Before that she...
Uber Finally Gets $1-per-Driver Pay Settlement in California
Jan 18 2018 // Though at first Uber Technologies Inc. didn’t succeed in settling a lawsuit by California drivers alleging labor-code violations, it tried and tried again. A Los Angeles state judge finally said on Tuesday...
A.M. Best Removes Pacific Compensation Insurance in California from Review
Jan 17 2018 // A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Thousand...
California Utilities Sued Over Deadly Mudslides
Jan 17 2018 // Two utilities were sued Tuesday for the widespread destruction from last week’s deadly mudslides that were caused when hillsides ravaged by California’s largest wildfire let loose in heavy rain. An amended...
Cavignac & Associates in California Names Aceves Account Manager
Jan 16 2018 // San Diego, Calif.-based Cavignac & Associates has hired Brittany Aceves to serve as an account manager within the firm’s surety department. Aceves serves as the main point of contact for the agency’s surety...
California Commissioner and Legislators Unveil Wildfire Insurance Bills
Jan 16 2018 // California Insurance Commissioner Dave Jones and legislators from wildfire-damaged communities across the state unveiled eight bills and two additional legislative proposals proponents say will strengthen consumer...
Former California Hospital Owner Sentenced in $600M Workers’ Comp Scheme
Jan 16 2018 // The former owner of Pacific Hospital in Long Beach was sentenced to federal prison on Friday for running a $600 million workers compensation fraud scheme. Michael Drobot, 73, was sentenced Friday to 63 months in prison and...
California Mudslides: Residents Commit to Rebuilding
Jan 16 2018 // At the end of a heartbreaking week that saw deadly mudslides kill at least 20, residents of Montecito gathered to grieve, pay tribute to victims and commit to rebuilding their cherished community on the Southern California...
G2 Insurance Services Adds Heffernan’s Stringer as Client Manager in California
Jan 16 2018 // G2 Insurance Services has named Erinn Stringer a client manager. Stringer is located in G2’s San Francisco office and will serve commercial clients, including hospitality, commercial real estate and nonprofits. She...
Deaths, Damage from California Mudslides Rise in Wealthy Montecito Community
Jan 15 2018 // The mudslides on the California coastal town of Montecito have devastated a wealthy enclave where billionaires including Charlie Munger, Eric Schmidt and Oprah Winfrey own properties, with hundreds of millions of dollars...
California Mudslide Victims ID’d as Crews Continue Survivor Search
Jan 12 2018 // The oldest victim swept away in a California mudslide was Jim Mitchell, who had celebrated his 89th birthday the day before. He died with his wife of more than 50 years, Alice. The youngest, 3-year-old Kailly Benitez, was...
All Risks Adds CRC Swett’s Aasen in Northern California
Jan 12 2018 // All Risks Ltd. has added Brandon Aasen to its San Francisco, Calif. office as a property broker. Aasen will be responsible for producing new property business for the West Coast. He will also specialize in commercial...
Search for Victims of California Mudslide Continues, 17 Dead
Jan 11 2018 // Hundreds of searchers continued the grueling work Thursday of hunting for survivors and digging up bodies in the sea of mud and wreckage left by flash flooding in Montecito, Calif. The death toll from Tuesday’s flash...
XL Group: Loss Estimates of $45M Related to Southern California Wildfires
Jan 11 2018 // XL Group Ltd. on Wednesday announced preliminary estimates of natural catastrophe net losses of roughly $45 million related to the recent wildfires in Southern California and $20 million related to other events. The...
Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States
Jan 11 2018 // California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states. Hippo offers homeowners insurance through an online platform, as...
Mud Inundates California Burn Areas, 15 Dead
Jan 10 2018 // The death toll from the mudslides that struck Southern California climbed to 15 on Wednesday as rescue crews searched for anyone trapped, injured or dead in the onslaught that smashed homes and swept away cars. The...
Southern California Edison Blamed in Lawsuit for 3 Los Angeles-Area Wildfires
Jan 10 2018 // Edison International’s Southern California Edison was blamed in a lawsuit for three wildfires that destroyed more than 1,000 buildings and killed a firefighter last month in the Los Angeles area. While no official...
California Wildfires Top Arch Capital’s Q4 Catastrophe Losses of $60M-$75M
Jan 10 2018 // Arch Capital Group reports estimated pre-tax losses of $60 million to $75 million from fourth quarter catastrophic events, primarily the California wildfires. This estimated range of losses – net of reinsurance...
California Wholesaler Conference Questions: Rising Premiums, Disruption, Disasters?
Jan 9 2018 // Powered by InsuranceJournal.tv Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold. However, surplus lines brokers had to work harder for all that...
