Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Stockton Bankruptcy Exit Trial Starts Today
May 12 2014 // The bankrupt city of Stockton, California, will face off against a holdout creditor this week in a closely watched municipal bankruptcy case pitting the rights of impaired bondholders against retirees and other...
Arthur J. Gallagher Acquires Sunderland in California
May 9 2014 // Arthur J. Gallagher & Co. has acquired Sunderland Insurance Services Inc. in Walnut Creek, Calif. Terms of the deal were not disclosed. Sunderland is a managing general underwriter that provides excess and surplus...
Hull & Company Taps Flynn in Southern California
May 8 2014 // Hull & Company Inc. has hired Rob Flynn as a property/casualty broker in its Irvine, Calif. office. Flynn will focus his efforts in the commercial lines marketplace, concentrating on contractors, manufacturers and...
California Top Court to Decide on Retailer Defibrillator Issue
May 7 2014 // Are large California retailers required to have a device on hand to treat customers who fall victim to sudden cardiac arrest? The California Supreme Court is taking up that question during oral arguments. At issue is a...
York Acquires Bickmore in California
May 5 2014 // Parsippany, N.J.-based York Risk Services Group Inc., a national provider of risk management, claims management, and managed care services, has acquired Sacramento, Calif.-based Bickmore. Bickmore is the operator of a risk...
Seawater May be Drought Solution for One California City
May 5 2014 // With California in a drought, the coastal city of Santa Barbara is thinking about firing up a desalination plant that has been in storage for more than two decades. The city built the plant in the 1990s during the last...
Monster Involved in Insurer-Funded Settlement in California
May 5 2014 // Corona, Calif.-based Monster Beverage Corp. has agreed to settle an ongoing securities class action lawsuit against the company and two of its officers in federal district court in Los Angeles. The settlement, reportedly...
California Legislator Introduces Ridesharing Bill
May 5 2014 // A California Assemblywoman introduced a bill in late April to regulate ridesharing companies like Uber, Lyft and Sidecar. Assembly Bill 2293, authored by Assemblywoman Susan Bonilla, D-Concord, would clarify existing...
Recent Quakes Push Interest, Sales of Policies in California
May 5 2014 // Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already...
California Bill to Close Earthquake Loophole Clears Committee
May 5 2014 // A California bill to close a loophole that enables building on active earthquake faults without considering the impacts passed a key committee hurdle in late April. Senate Bill 1155, authored by state Sen. Ted Lieu,...
California Work Comp Board: 2013 Losses to Hit 11-year High
May 5 2014 // California workers’ compensation losses and loss adjustment expenses on insured claims injuries and illnesses are projected to hit an 11-year high for 2013, according to the Workers’ Compensation Insurance...
Lockton Launches Gaming, Entertainment and Sports Practice in California
May 5 2014 // Lockton has launched a gaming, entertainment and sports practice to be based in Irvine, Calif. The group is part of Lockton’s Pacific operations and it integrates multiple vertical markets. Lockton’s gaming,...
Insurance in the Sharable Economy
May 5 2014 // The new sharable economy is growing across the country, and one question looms large: What are the insurance implications? Homeowners and renters understand the types of insurance they need and where they can buy coverage....
1966 Red Mustang Returned to Owner 20 Years After Being Stolen
May 4 2014 // Betsy Montgomery, drove the same car on her 55th birthday that she drove as a 15-year-old living in south Jackson, Mississippi — a 1966 red Mustang that her dad bought from the original owner in 1973. How she got the...
California Water District Heads to Private Market in Face of Insurance Loss
May 2 2014 // It’s beginning look more and more like the Central Basin Municipal Water District in Southern California is going to be taking matters into its own hands in the face of being tossed out of the state’s largest...
Snowpack Survey Gives Bleak Summer Outlook for California
May 2 2014 // With summer approaching state water managers say California’s snowpack is at 18 percent of average for the date. The Department of Water Resources on Thursday said the season’s final survey of the Sierra Nevada...
Southern California Wildfire More than Halfway Contained
May 2 2014 // The Etiwanda Fire in Southern California fueled by strong winds and high gusts that forced more than 1,000 evacuations is now 53 percent contained, according to fire officials. The fire in San Bernardino County around...
High Net Worth Carrier PURE Enters California
Apr 30 2014 // Call it a little luck or good timing – maybe a bit of both– but an insurer focused on high net worth individuals has added California to the list of states in which it does business at a time when the number of wealthy...
SullivanCurtisMonroe Taps Harrison in Southern California
Apr 30 2014 // SullivanCurtisMonroe named Skylor Harrison a broker associate in its Corona, Calif. location. Harrison’s primary focus will be the transportation and manufacturing industries. Prior to SCM, Harrison was vice...
WIAA Objects to In-House Producer Disciplinary Hearings in California
Apr 30 2014 // The Western Insurance Agents Association is throwing up some objections to a California Department of Insurance proposal that would enable the department’s hearing bureau to adjudicate agent/broker and carrier...
