Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Surplus Lines Pioneer Hall Remembered as Well-Respected Leader
Apr 24 2020 // Michael J. Hall, founder of M.J. Hall & Co. and Golden Bear Insurance Co., was a well-respected leader in the admitted and surplus lines industries. Hall, who was 81, died on Tuesday. He established himself early on as...
California Workers’ Comp Report Shows Written Premium Down 6% in 2019
Apr 23 2020 // Workers’ compensation written premium in California for calendar year 2019 was 6% below that for calendar year 2018, according to an update on California statewide insurer experience valued as of Dec.31, 2019. The...
More States Making Plans to Lift Coronavirus Restrictions
Apr 23 2020 // More states in the U.S. South and Midwest signaled readiness on Wednesday to reopen their economies in hopes the worst of the coronavirus pandemic had passed, but California’s governor held firm to sweeping...
PG&E’s Bankruptcy Plan Heads Toward Approval in California
Apr 22 2020 // California regulators are being advised to approve Pacific Gas & Electric’s plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility’s past bad behavior that has...
Families Sue Helicopter Company in California in Kobe Bryant Crash
Apr 22 2020 // Family members of four passengers killed in a helicopter crash with Kobe Bryant and his daughter have joined the NBA star’s widow in filing wrongful death lawsuits against the companies that owned and operated the...
Alera Group Acquires Barkley Risk Management & Insurance in California
Apr 21 2020 // Alera Group has acquired Barkley Risk Management & Insurance in California. The Barkley team will continue serving clients in their existing roles. Terms of the deal were not disclosed. Barkley serves clients...
California Workers’ Comp Bureau to Restrict COVID-19 Experience, Payroll in Rating
Apr 21 2020 // The Workers’ Compensation Insurance Rating Bureau of California has submitted a special regulatory filing to the California Insurance Commissioner with proposals to address the COVID-19 pandemic. The WCIRB governing...
California Details Nursing Homes with COVID-19 Outbreaks
Apr 21 2020 // California has for the first time released details about nursing homes facing coronavirus outbreaks, with three facilities in Los Angeles among the hardest-hit, as the numbers of COVID-19 cases and deaths across the state...
Travelers, Insured Law Firm Spar Over Civil Authority Business Income Loss Claim
Apr 21 2020 // Travelers Cos. has gone to federal court in California seeking a declaratory judgment that it is not obligated to pay any business income losses of a law firm it has insured under two business owner policies. Its law firm...
States Easing Path to Workers’ Compensation Benefits for Coronavirus Workers
Apr 21 2020 // Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida...
California State Fund to Accept All Essential Worker COVID Claims; Adds to Safety Fund
Apr 20 2020 // California’s State Compensation Insurance Fund on Monday announced another series of actions designed to support policyholders and workers affected by the COVID-19 crisis, including doubling the size of its newly...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 20 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
California Supreme Court Ruling Will Enable Montrose to Tap Excess Policies
Apr 20 2020 // A decision earlier this month by the California Supreme Court gave policyholders with long-tail environmental claims a potentially big win, finding that polices within each policy period can be vertically stacked. The...
Insurance Industry Unites Through IICF to Help Vulnerable Children During Unprecedented Pandemic
Apr 17 2020 // A note from Julie Tinney: This iJam blog post was supposed to be very different when we originally planned it. But right now, coming together as an industry seems more important than the marketing-focused content I’d...
California Workers’ Comp to Exclude COVID-19 From Rating, Payroll
Apr 17 2020 // The governing committee of the Workers’ Compensation Insurance Rating Bureau of California on Friday voted unanimously for a special regulatory filing that includes excluding COVID-19 claims from the experience...
Who Got Money in Small Business Paycheck Protection Program?
Apr 17 2020 // WASHINGTON/SAN FRANCISCO, April 17 (Reuters) – Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns. Now a picture...
California Nursing Home Reports 154 Virus Cases, 8 Deaths
Apr 17 2020 // A Central California nursing home has 154 cases of the coronavirus and eight residents have died in one of the largest single outbreaks in the state, it was reported. The numbers reported by Redwood Springs Healthcare...
Unico in California Offering Covid-19 Suspended Operations Insurance
Apr 17 2020 // Calabasas, Calif.-based Unico American Corp. announced that in response to the forced closure of so many small businesses due to the Covid-19 situation in California, Unico’s general agency subsidiary, Unifax...
Six Things to Know About the Recent Impasse Between Regulators and Insurers in the Aftermath of California’s Devastating Wildfires
Apr 17 2020 // This post is part of a series sponsored by CoreLogic. California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years...
PG&E’s Plan to Pay $19M from California Wildfire Victims Fund OK’d
Apr 16 2020 // The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric’s decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for their losses to...
