Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
California Sees Two More Property Insurers Withdraw From Market
Apr 18 2024 // California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the wildfire-prone...
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs
Apr 18 2024 // Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs. A survey by Redfin, a U.S. real estate broker, found...
Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
Apr 18 2024 // Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud...
Wildfires Are Upending Some of the Safest Bets on Wall Street
Apr 18 2024 // When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at...
Workers’ Comp Rating Bureau of California Governing Committee Oks Higher Pure Premium Rate Filing
Apr 17 2024 // The Workers’ Compensation Insurance Rating Bureau of California’s governing committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2024 Pure Premium Rate Filing to the California Insurance...
California Insurance Wholesalers Association (CIWA) Continues Collaboration with National Surplus Lines Associations for Third Consecutive Year
Apr 17 2024 // CIWA’s Annual Summer Forum 2024 set to foster collaboration and engagement FAIRFIELD, CA – April 17, 2024 – The California Insurance Wholesalers Association (CIWA), a leading professional trade association...
How California’s Huge Raises for Fast-Food Workers Will Ripple Across Industries
Apr 17 2024 // Michaela Mendelsohn, who owns six El Pollo Loco locations serving grilled chicken and tacos in California, recently found herself raising managers’ pay by over 10% to more than $83,000 a year. With the state’s...
California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
Apr 16 2024 // A former chiropractor was sentenced to 54 years in state prison and ordered to pay more than $23 million in fines for his role in orchestrating a massive workers’ compensation fraud scheme totaling $150...
Biden OK’s Major Disaster Declaration for California
Apr 16 2024 // The Federal Emergency Management Agency is making ederal disaster assistance available to California to supplement recovery efforts in the areas affected by the severe winter storms, tornadoes, flooding, landslides and...
5 California Poultry Processors Paying $3.8M in Back Wages
Apr 16 2024 // Employees of five California poultry processing companies in La Puente and City of Industry may be owed a share of more than $3.8 million in back wages and damages recovered on their behalf by the U.S. Department of...
