Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Napa Quake May Cost Up to $4 Billion as Wineries Shuttered
Aug 25 2014 // The earthquake that struck northern California yesterday will lead to economic losses of as much as $4 billion, fueled by damaged wineries and shuttered businesses that rely on tourists. Insurers will probably cover about...
Patriot Names Lang California VP Of Marketing And Underwriting
Aug 25 2014 // Patriot Underwriters Inc., a Patriot National Inc. company, named Shadi Lang vice president of marketing and underwriting of its California region. Lang will be based in Woodland Hills. In her new role, Lang will build and...
Lessons from Napa’s ‘Winequake’
Aug 25 2014 // In the early hours Sunday morning, Northern California shook with the largest earthquake it has experienced since 1989. The South Napa Earthquake, as it is being referred to by the U.S. Geological Survey, was a magnitude...
M6.0 Earthquake is California Bay Area’s Strongest Since Loma Prieta
Aug 24 2014 // A magnitude 6.0 earthquake struck near Napa, Calif. early Sunday morning is the strongest earthquake to hit the San Francisco Bay area since the 1989 Loma Prieta earthquake, which registered a magnitude 6.9, according to...
California-Based Palomar Specialty Insurance Expands Into More States
Aug 22 2014 // La Jolla, Calif.-based Palomar Specialty Insurance Co., established in February 2014 as a specialty catastrophe insurer, announced it is now licensed to write residential and commercial insurance in 14 states. Palomar...
Premium for Most Expensive Car Close to Income for Typical American Family
Aug 21 2014 // A Ferrari 250 GTO Berlinetta last week became easily the most expensive car sold at auction by when a bidder at a California auction agreed to buy it for $38.1 million, according to Hagerty Group LLC, a Traverse City,...
California Man Arrested, Charged with Selling Fake Insurance in Louisiana
Aug 21 2014 // A Los Angeles man was arrested in New Orleans for selling fraudulent workers’ compensation and employers liability insurance policies throughout Louisiana, Attorney General Buddy Caldwell announced. Terry Francis...
Eight Homes, 10 Buildings Destroyed by California Wildfire
Aug 21 2014 // A wildfire northeast of Bakersfield, Calif. has destroyed eight homes and 10 other structures, authorities said, but residents of some 200 homes under evacuation orders were allowed to return home Wednesday evening. The...
Garner Consulting Joins Bolton & Co. in California
Aug 20 2014 // Pasadena, Calif.-based Bolton & Co. has joined forces with Garner Consulting, an independent insurance agency that provides employee benefits and compliance services. As part of the transaction, Garner Consulting...
For Insurers, California’s ‘Diverse Procurement’ is Well-Meaning and Wrong
Aug 19 2014 // Under Section 927.2 of the California Insurance Code, insurers writing $100 million or more in annual premiums in the state are required to submit reports to the Department of Insurance on what efforts they’ve made...
Southern California Gets Minor M3.6 Quake
Aug 19 2014 // A small earthquake has struck the San Bernardino Mountains but no damages or injuries are reported. The U.S. Geological Survey says the magnitude-3.7 quake struck at 9:55 p.m. It was centered 4 miles north of Big Bear City...
Wildfire Near Yosemite In California Threatens 500 Structures
Aug 19 2014 // Firefighters from throughout California have been dispatched today to protect homes threatened by a wildfire near Yosemite National Park. The nearly 2-square-mile blaze in Madera County had destroyed eight structures and...
Bolton & Company in California Names Doherty Managing Director
Aug 18 2014 // Bolton & Co. named Greg Doherty an executive vice president and managing director of the dietary supplement practice group. Doherty has experience in the dietary supplement and nutraceutical industry, as well as...
California Windshield Repairer Ordered to Pay Insurer $1.4M
Aug 18 2014 // The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. Court records allege Alkayisi...
California Windshield Repairer Ordered to Pay Insurer $1.4M
Aug 18 2014 // The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. Court records allege Alkayisi...
California Insurance Agent Faces 96 Felony Counts
Aug 15 2014 // Jacob Richard Bonzer, 27, formerly of Lake Forest, Calif. was arrested Wednesday in Chicago by a U.S. Marshals Task Force on 96 felony counts including grand theft, forgery and denial of benefits. According to a joint...
As Lake Mead Water Levels Drop West Braces
Aug 14 2014 // Once-teeming Lake Mead marinas are idle as a 14-year drought steadily drops water levels to historic lows. Officials from nearby Las Vegas are pushing conservation but also are drilling a new pipeline to keep drawing water...
Select Guard in California Joins The Iroquois Group
Aug 14 2014 // Los Angeles, Calif.-based Select Guard Insurance Services LLC has joined The Iroquois Group. Select Guard, division of Westwood Group LLC, offers a range of insurance products with a focus on power sports vehicle...
R-T Specialty Names Dryden Assistant Vice President in California
Aug 13 2014 // R-T Specialty Group has named Dina Dryden assistant vice president of RT Binding Authority in the firm’s La Jolla, Calif. Office. Dryden will be responsible for underwriting complex program and non-program risks...
California Judge Tosses Loral’s $283 Million Patent Infringement Loss
Aug 12 2014 // Loral Space & Communications Inc. won a reversal of a $283 million damages award against its former unit Space Systems/Loral, as the winning company, ViaSat Inc., sought a court order barring further patent...
