Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Southern California Neighborhood Flooded Due to Seawall Damage
May 26 2017 // A Southern California coastal community was flooded with two feet of ocean water after a seawall was damaged by a construction crew. The Orange County Register reported workers were doing demolition work in Newport Beach...
Small Undersea Quake Jostles California Coast West of Malibu
May 26 2017 // A minor undersea earthquake has jiggled a small stretch of the Southern California coast in Los Angeles and Ventura counties, the U.S. Geological Survey confirmed. The USGS says the magnitude-3.3 temblor occurred just...
AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say
May 26 2017 // The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based...
California Auto Dealer Awarded $256M in Nissan Suit
May 25 2017 // A jury has awarded nearly $256.5 million to a California auto dealership owner who claimed Nissan had a secret plan to put him out of business during the recession. The Orange County Superior Court panel ruled in favor of...
California’s Single-Payer Bill Comes with $400B Price Tag
May 24 2017 // A California bill that would eliminate health insurance companies and provide government-funded health coverage for everyone in the state would cost $400 billion and require significant tax increases, legislative analysts...
Paul Hanson’s Pedisich Heads to EPIC as Producer in California
May 24 2017 // EPIC Insurance Brokers and Consultants has added Nick Pedisich as an insurance broker/producer. Pedisich will be based in EPIC’s Concord, Calif. office and report to Curt Perata, president of EPIC’s Pacific...
California’s Enforcement against W.R. Berkley Ends in $12M Settlement
May 23 2017 // California Insurance Commissioner Dave Jones today announced that the enforcement action taken against W.R. Berkley Corp. entities and operating units has resulted in a $12 million settlement. Admiral Insurance Co.,...
Swiss Re Places $925M Cat Bond for California Earthquake Authority
May 23 2017 // Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the California Earthquake Authority. Swiss Re Capital Markets underwrote the transaction...
California Commissioner Lowers Workers’ Comp Pure Premium
May 22 2017 // California Insurance Commissioner Dave Jones issued a revised advisory pure premium rate, lowering the benchmark to $2.02 per $100 of payroll for workers’ compensation insurance effective July 1. This is 16.5 percent...
California’s Comp Insurers Had 5.1% More in Direct Written Premium in 2016
May 22 2017 // California workers’ compensation insurers wrote $12.96 billion in direct written premium last year, an increase of $628 million, or 5.1 percent, from the prior year, according to new data from the National...
Uber May Fire Key Executive in California in Self-Driving Car Dispute
May 22 2017 // Uber is threatening to fire a key executive accused of stealing self-driving car technology from a Google spin-off unless he waives his constitutional right against self-incrimination so the ridesharing service can comply...
California Small Business Advocate Produces 2nd List of ‘Good, Bad & Ugly Bills’
May 18 2017 // With a California Legislative deadline looming, a business advocate is calling attention to bills that he believes owners and managers of small businesses should take note of in his second annual list of “Good, Bad...
Workplace Regulation to Reduce Incidents at California Oil Refineries OK’d
May 18 2017 // California’s Department of Industrial Relations’ Occupational Safety and Health Standards Board today approved a regulation aimed at strengthening workplace safety and health at oil refineries across the...
2 Minor Quakes Shake California Coastal Area
May 18 2017 // A pair of small earthquakes gave a jolt and a shake to the Santa Barbara, Calif. area, but there were no reports of any damages or injuries, the U.S. Geological Survey confirmed. The USGS says in a preliminary report that...
California Division of Workers’ Compensation Suspends Two, Including Drobot
May 18 2017 // California’s Department of Industrial Relations and the Division of Workers’ Compensation has suspended two more medical providers from participating in California’s workers’ compensation...
COO Manzitto to Resign from Topa in California
May 17 2017 // Anthony Manzitto, chief operating officer of Calabasas, Calif.-based Topa Insurance Group, is resigning at the end of this month to pursue another opportunity, according to a letter from President and CEO John Donahue that...
Report: New Medical Coding System Not Yet An Improvement in California Comp
May 17 2017 // A new report shows that an updated medical coding system that went into effect in California a year-and-a-half ago hasn’t done much to better define the characteristics of worker injuries than the old one. A report...
Schnoll Named General Counsel of California Department of Insurance
May 16 2017 // Ken Schnoll has been named general counsel for the California Department of Insurance. Schnoll has more than 30 years of experience, including work in regulatory and transactional matters with health insurers and...
California Crackdown on Brand Advertising Hurts State’s Newcomers
May 16 2017 // California is an ethnically and culturally diverse state, and it is becoming more so with each day. That diversity brings with it economic strength, but also a need for public policy that consciously accounts for the...
Cavignac & Associates in California Names Laforteza Account Administrator
May 16 2017 // San Diego, Calif.-based Cavignac & Associates has named Nicole Laforteza an account administrator within the agency’s employee benefits department. Laforteza’s primary responsibility is to assist the...