Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
United Valley Adds 2 Members in Southern California
Jun 23 2017 // United Valley has added Goodwin Insurance Agency Inc. of Redlands, Calif. and RBP Insurance Services Inc. of Valencia, Calif. to its network. Goodwin Insurance, which was founded in 2004 by agency owners Glenn Goodwin,...
12 States Call Out California’s ‘Affront to Sound Insurance Regulation’
Jun 22 2017 // It’s difficult to decide whether Dave Jones is underdog prize fighter Rocky Balboa or reigning champ Apollo Creed. He’s the insurance commissioner of the most populated state in the nation and that makes him a...
Insurtech Startup Buys MGA in California with Product for Agents in Mind
Jun 22 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
Dalia Named Chief Financial Officer at California-based Alliant
Jun 22 2017 // Newport Beach, Calif.-based Alliant Insurance Services Inc. has named Reshma Dalia to chief financial officer of Alliant’s specialty group. Dalia will work with the management team on operational, financial and...
Chubb’s Crooks Named XL Catlin’s Inland Marine Director in California
Jun 22 2017 // XL Catlin has named Russell Crooks as vice president and national inland marine director. Crooks is based in San Francisco. He will liaise with brokers and clients throughout the Western U.S. to address inland marine...
J&J Seizes Supreme Court Ruling on Out-of-State Cases to Fight Talc Cancer Claims
Jun 22 2017 // Johnson & Johnson is seizing upon a U.S. Supreme Court ruling from Monday limiting where injury lawsuits can be filed to fight off claims it failed to warn women that talcum powder could cause ovarian cancer. New...
California Commissioner ‘Undeterred’ by Challenges to Climate Disclosure Initiative
Jun 20 2017 // California Insurance Commissioner Dave Jones responded to challenges to his calls for insurers to disclose their investments in fossil fuels. Oklahoma’s attorney general has sent a letter to Jones threatening legal...
Oklahoma AG Threatens California Commissioner on Insurer Fossil Fuel Rules
Jun 20 2017 // Oklahoma’s attorney general has sent a letter to California’s insurance commissioner threatening legal action if that state continues with its policy of requiring insurance companies to publicly disclose...
California Surplus Lines Don’t Want to be Left out of State’s Marijuana Regs
Jun 20 2017 // California’s surplus lines industry is trying to clear up the haze over a proposed regulation that would require medical marijuana businesses to purchase insurance only from admitted carriers. The regulation is one...
California Temporary Total Disability Rates for 2018 to Increase
Jun 20 2017 // California’s 2018 minimum and maximum temporary total disability rates will increase on Jan. 1, 2018, the state’s Division of Workers’ Compensation announced on Tuesday. The minimum TTD rate will increase...
Lending Club’s Dolan Joins Metromile in California as Chief Financial Officer
Jun 20 2017 // San Francisco, Calif.-based Metromile has named Carrie Dolan chief financial officer. Dolan is joining Metromile to help lead the company’s next phase of growth. Dolan most recently served as CFO of Lending Club, an...
Arrowhead in California Launches Hard-to-Place Workers’ Comp Subsidiary
Jun 20 2017 // Arrowhead General Insurance Agency Inc. in San Diego, Calif. has launched a workers’ compensation wholesale brokerage arm that provides market access and specializes in harder-to-place risks and multi-state...
Legacy Specialist Compre to Acquire Irish Captive Insurer Equinox CA Europe
Jun 20 2017 // Compre, the independent insurance and reinsurance legacy specialist, today announces it has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin. The...
Seeman Holtz Acquires Direct Choice in California
Jun 20 2017 // Seeman Holtz Property and Casualty Inc. has acquired Stevenson Ranch, Calif.-based Direct Choice Insurance. With Colby Singer at helm, his team specializes in helping clients find the lowest possible rates for auto, home,...
Supreme Court Limits Out-of-State Residents Joining Class Actions
Jun 20 2017 // The U.S. Supreme Court gave companies a new tool to defeat some legal claims, siding with Bristol-Myers Squibb Co. in a bid to limit a consumer lawsuit in California over its Plavix blood thinner. The justices, voting 8-1,...
Biglari Holdings Inc. to Acquire Pacific Specialty Insurance Co. in California
Jun 19 2017 // Biglari Holdings Inc. and Pacific Specialty Insurance Co. announced a definitive agreement for a subsidiary of Biglari Holdings to acquire all of the outstanding shares of the parent company of California-based Pacific...
Arrowhead Acquires TriCoast Insurance Services in California
Jun 19 2017 // Brown & Brown subsidiary Arrowhead General Insurance Agency Inc. has acquired substantially all of the assets of Camarillo, Calif.-based TriCoast Insurance. The announcement was made on Monday by J. Scott Penny, chief...
California Judge Says TV Network Owes $2M in Sex Abuse Cover-Up Lawsuit
Jun 19 2017 // An Orange County, Calif. judge says Trinity Broadcasting Network is responsible for the entire $2 million a jury awarded in an alleged sex abuse cover-up. The judge ruled that TBN is on the hook for the full amount jurors...
People
Jun 19 2017 // Topa Insurance Co. has named Olive Chang assistant vice president of reinsurance and programs. Chang will be located in the Calabasas, Calif., office. Her duties include managing reinsurance and programs operation. Chang...
California Division of Workers’ Comp Suspends Psychiatrist for Fraud
Jun 19 2017 // California’s Division of Workers’ Compensation has suspended Pasadena psychiatrist Jason Hui-Tek Yang from participating in the state’s workers’ comp system following his conviction in Riverside...
