Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California AG Sues Water Bottle Companies over Biodegradability Claims
Oct 26 2011 // Attorney General Kamala D. Harris filed a “greenwashing” lawsuit on Wednesday against three companies alleged to have made false and misleading claims by marketing plastic water bottles as “100 percent...
Lockton Adds Technology Property & Casualty Leader in California
Oct 26 2011 // Kevin Hoskinson has joined Lockton as its technology practice leader focused on property and casualty insurance for technology companies. Hoskinson will work in Kansas City, Mo. Lockton’s San Jose, Calif. office....
Major California Gas Line Ruptures During Test
Oct 26 2011 // Pacific Gas and Electric Co. officials said Monday that a major gas transmission line serving the San Francisco Bay Area ruptured during a pressure test, blowing a crater in an alfalfa field in Kern County. The pipe...
Damages Expert: California Trust Company Owed $81M for Trade Secrets
Oct 26 2011 // A damages expert asserted Trust Company of the West (TCW) is owed $81.7 million in royalties due to trade secret theft as the high-profile civil case pitting the asset management firm against its former chief investment...
Leavitt Group Adds Borisoff in Southern California to Executive Team
Oct 24 2011 // Privately-heald insurance broker The Leavitt Group has named Brett Borisoff as executive vice president. In Borisoff’s new role with Cedar City, Utah-based Leavitt Group he will help guide the sales management of the...
California MGA Yates Adds Broker
Oct 24 2011 // Barbara Carey has joined Tustin, Calif.-based managing general agent Yates as an underwriter and broker. Carey spent the last eight years as senior broker and vice president of another California wholesale brokerage. Carey...
Perr&Knight Relocates California Headquarters to Santa Monica
Oct 24 2011 // Insurance industry consultant Perr&Knight has relocated its headquarters from Pacific Palisades, Calif. to Santa Monica, in the heart of the city’s downtown district. Perr&Knight was founded in the Pacific...
California’s Temporary Total Disability Rate for 2012 To Increase
Oct 21 2011 // The California Division of Workers’ Compensation announced on Friday that the minimum and maximum temporary total disability rates for 2012 will increase on Jan. 1. The minimum TTD rate will increase to $151.57 and...
Fitch Affirms California Earthquake Authority’s ‘A’ Ratings
Oct 21 2011 // Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1, 2016, citing the organization’s ability to cover losses...
ShakeOut in West May Raise Disaster Awareness
Oct 20 2011 // Today may be a good day to sell disaster insurance in the Western United States. A massive earthquake drill set for 10:20 a.m. PDT today is designed to raise awareness of the disasters that can be posed by a massive...
Two Railroads Face Pollution Lawsuit in California
Oct 19 2011 // When the lump on her toddler’s tummy turned out to be a rare cancer, Carla Hernandez wondered if living just a half-mile from two rail yards emitting a constant veil of near-invisible pollution was somehow...
California Workers’ Comp Institute Compiles List of Bills Signed by Brown
Oct 19 2011 // The California Workers’ Compensation Institute on Wednesday released a review and compilation of 20 bills signed by Gov. Jerry Brown in 2001. The bills include: • AB 55, Gatto: Extension of the right of...
Pro-business Groups Praise Brown’s Workers’ Comp Record; Warn about 2012
Oct 18 2011 // A pair of California pro-business groups focused on workers’ compensation on Tuesday hailed Gov. Jerry Brown’s record on handling legislation sent to him this year in a combined report that offers their take on...
California Rep. Bill Would Lower Earthquake Insurance Costs
Oct 17 2011 // California’s U.S. Rep. John Campbell (R) recently introduced legislation similar to a bill introduced by U.S. Sen. Dianne Feinstein (D) earlier this year that would strengthen the nation’s natural disaster...
New MGA Targeting U.S. Homebuilders Formed in California
Oct 17 2011 // Two veterans in the London insurance marketplace have come together again to launch an underwriting agency with a focus on U.S.-based homebuilders. Paul Jansen and Kevin Hastings have launched Cove Programs Insurance...
Quake Project Aimed to ID Future Hotspots
Oct 17 2011 // Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where magnitude-4.9 quakes or stronger will occur in seismically active California over a five-year...
California’s State Fund to Lay Off Up to 1,800 Workers
Oct 17 2011 // A restructuring at California’s government-controlled State Compensation Insurance Fund to be implemented in 2012 will result in a reduction in force that will eliminate between 1,500 and 1,800 positions, according...
People
Oct 17 2011 // Wells Publishing Inc. has named Don Jergler as its new West editor for its flagship Insurance Journal online and print property/casualty insurance publications. Jergler, based in California, will cover the western states...
USG Opens California Satellite Office
Oct 12 2011 // National wholesaler and managing general agent USG Insurance Services Inc. has opened a satellite office in San Francisco, Calif. The launch of the San Francisco office is one of several in USG’s plan to expand...
Huxley and Chang Join Lockton Reinsurance Operations in California
Oct 12 2011 // Lockton has added two reinsurance brokers to its Lockton Re team in downtown Los Angeles, Calif. Allan Huxley has been named managing director of Lockton Re and Olive Chang has been named senior vice pesident of Lockton...
