Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Self-Driving Vehicles Meet Their Match When Snow Creates Sensor Blindness
Feb 10 2016 // In Jokkmokk, a tiny hamlet just north of the Arctic Circle in Sweden, where temperatures can dip to 50 below, Volvo Cars’ self-driving XC90 sport-utility vehicle met its match: frozen flakes that caked on radar...
Fire Danger Elevated in Southern California
Feb 9 2016 // Southern California is in for another day of increased fire danger as gusty Santa Ana winds and unseasonably warm temperatures bring down humidity levels. The National Weather Service issued red flag warnings for large...
Auto Insurance Specialists Acquires Suncal Insurance Services
Feb 9 2016 // Agency acquisition complements AIS’s strong record of internal growth. Cerritos, CA, February 9, 2016 – Auto Insurance Specialists (AIS) today announced the acquisition of Suncal Insurance Services based in...
Hub International Names Owens Senior Vice President in California
Feb 8 2016 // Hub International Ltd. has named Sara Owens senior vice president of engagement. Owens will be responsible for engaging key constituents of Hub’s Los Angeles, Calif. operation, including community leaders, business...
California Hospital Workers’ Comp Report Shows Claim Severity on Rise
Feb 8 2016 // California workers’ compensation claim severity continues to increase, while claims frequency declines, according a newly released report. The latest California hospital report benchmarking workers’ comp costs...
New Jersey 4th State to Sue Volkswagen Over Excess Diesel Emissions
Feb 8 2016 // New Jersey on Friday, Feb. 5, filed a lawsuit against Volkswagen AG and its luxury units over the German automaker’s excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey’s...
California Insurance Commissioner Calls for Insurance Divestment from Coal
Feb 8 2016 // California Insurance Commissioner Dave Jones in January asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal as part of a nationwide call to reduce carbon...
Hoverboard Bursts into Flames in California Home
Feb 8 2016 // A hoverboard burst into flames in a Petaluma, Calif. home in late-January, making it the second hoverboard fire in the area in one week. The hoverboard was plugged into an electrical outlet to charge when the fire...
People – West
Feb 8 2016 // Richards D. Barger, a former California insurance commissioner and a former president of the National Association of Insurance Commissioners, died in late January. He was 87. Barger, who went by the name Dick, devoted his...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Business Moves
Feb 8 2016 // Aspen, AgriLogic Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspen’s specialty insurance...
Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters
Feb 8 2016 // It was a relatively quiet year for natural disasters – except for those living in the Western United States, according to property data provider CoreLogic, in its annual Natural Hazard Risk Summary and Analysis, released...
Ghost of 2008 Crash Still Haunts Real Estate E&O
Feb 8 2016 // The ghost of the 2008 financial collapse still haunts the liability insurance market for real estate professionals and some are worried the business may be headed for a replay of that crisis. While it is still recovering...
A Tale of Two Sovereigns
Feb 5 2016 // Canute was a king of Denmark who ruled over an empire that included large parts of Sweden, all of Norway and almost all of England. He ruled over person and property alike. He ruled over the land and sought to expand his...
California Commissioner Explains Call for Insurer Divestment from Coal
Feb 4 2016 // One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their...
El Niño Could Signal Easing of California Drought, Says Official
Feb 4 2016 // In the strongest indication yet that the California drought could be easing, officials said strict water conservation orders could be dramatically scaled back or even ended if El Niño storms keep pummeling the state into...
Time Warner Cable Settles Lawsuits by California City for $5M
Feb 4 2016 // Time Warner Cable has agreed to pay $5 million to settle lawsuits that claimed it owed Los Angeles millions in city fees. Last week’s settlement was announced this week. The city filed two lawsuits that claimed Time...
Digital Benefit Advisors Acquires Hillenbrand in Northern California
Feb 4 2016 // Digital Benefit Advisors has acquired Hillenbrand Insurance Solutions of Roseville, Calif. Patric Hillenbrand and his team of nine have joined the Northern California office of DBA. The move expands Digital Benefit...
Hub Acquires California-Based Equity Risk Partners
Feb 3 2016 // Hub International Ltd. has acquired San Francisco, Calif.-based Equity Risk Partners Inc. Terms of the deal were not disclosed. Michael Marcon, CEO of Equity Risk, will join Hub and report to Roy Taylor, president of...
