Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Commissioner Orders FAIR Plan to Increase Homeowners Coverage Options
Nov 14 2019 // California’s property insurer of last resort will soon be offering more homeowners coverage options as directed by the state’s insurance commissioner in response to the pressure put on the property insurance...
California Trucking Association Suing over New Independent Contractor Law
Nov 14 2019 // The California Trucking Association and two California independent owner-operator truck drivers have filed an amended complaint with the U.S. Southern District Court seeking declaratory and injunctive relief against...
Golden Bear in California Names Shreve Vice President
Nov 14 2019 // Golden Bear Insurance Co. in California has named Gary Shreve vice president and primary casualty manager. Shreve has more than 30 years of experience. He began his career with the Aetna Casualty & Surety Co. as a...
Mercury Adds Landlord Insurance in California
Nov 14 2019 // Mercury Insurance has introduced landlord insurance in California designed to help protect people with rental properties. Landlord insurance covers the costs to repair rental properties if they’re damaged by fires,...
Ringleader of Family Arson Crew in California Pleads Guilty in $4M Operation
Nov 13 2019 // Tyler Chen, 48, pleaded guilty this week in the Santa Clara County Superior Court in California following his arrest on multiple felony counts of insurance fraud and arson for his role in setting fires in a $4 million...
Introducing School of Risk Management and Insurance at Cal State University Fullerton
Nov 13 2019 // What’s in a name? In one case, a new name – one with all the sex appeal that “insurance” can add to a title – has people like Framroze Virjee, president of California State University Fullerton,...
AM Best Comments on California Insurance Co. Ratings Following Regulatory Action
Nov 13 2019 // AM Best on Wednesday said the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of California Insurance Co. and its pooled insurance affiliates, collectively referred to...
Widow Sues Dive Boat Owner in Fire off California That Killed 34
Nov 13 2019 // The widow of a passenger who died in a fiery dive boat disaster that killed 34 people in the waters off California sued the vessel’s owners this week. Christine Dignam, whose husband, Justin Dignam, died when the...
PURE Programs Launches California High Wildfire Risk Homeowners Program
Nov 13 2019 // PURE Programs has launched a new High Wildfire Risk Homeowners Insurance program, with coverages for retail insurance brokers serving clients that own high value homes in California at greater-risk of loss from...
California Agent Arrested for Allegedly Leaving Client Uninsured in 2018 Mudslides
Nov 12 2019 // California Department of Insurance detectives this week arrested insurance agent Mark Lynch, 40, on 13 felony counts of grand theft, embezzlement, and money laundering after allegedly collecting over $72,425 in insurance...
WCF Names Closser Regional Vice President in Northern California
Nov 12 2019 // WCF Insurance has promoted Chris Closser to California regional vice president. Closser is located in WCF’s Roseville, Calif., office. She will report to Kevin Petersen, senior vice president of the sales and...
Drop in California Workers’ Comp Opioid Use Reducing Claims $6.5B, Report Shows
Nov 12 2019 // The prevalence of opioids in California workers’ compensation lost-time claims has dropped 51% over the past decade, reducing both average benefit payments and average days away from work on those claims, according...
Despite Wildfires, California Wine is Doing Just Fine – For Now
Nov 12 2019 // If you’re worried that wildfires might have created shortages of Northern California’s 2019 cabernet sauvignon, or even just imparted it with an undesirable smoky flavor, you can relax. The wine is just fine....
PG&E California Wildfire Victims Sue to Get Paid Before Fire Insurers
Nov 12 2019 // PG&E Corp. wildfire victims have filed a new lawsuit arguing they must be fully repaid for the losses of their homes and businesses before fire insurers are as part of the utility’s bankruptcy. The case takes aim...
Insurtech Pie Launches TV Campaign in California for Workers’ Comp
Nov 12 2019 // Workers’ compensation insurtech Pie Insurance has launched its first national television advertisement campaign with an initial focus in California. The two 30-second spots depict Pie coming to the rescue,...
Microsoft Vows to Honor California’s Consumer Privacy Law Countrywide
Nov 11 2019 // Microsoft Corp. said in a blog post on Monday that it would honor California’s privacy law throughout the United States, expanding the impact of a strict set of rules meant to protect consumers and their...
McDermott Costa Acquires A.B. Stevenson in California
Nov 8 2019 // McDermott Costa Insurance has acquired A.B. Stevenson Insurance Brokerage based in San Leandro, Calif. Terms of the deal weren’t disclosed. A.B. Stevenson offers both personal and commercial insurance, including...
California School District Paying $28M After Boy Hit By Car
Nov 8 2019 // A Southern California school district will pay $28.5 million in damages after a boy with special needs was hit by a car and severely injured while under the supervision of school personnel, attorneys said. A judge...
PG&E Expecting over $6B in Costs from California Wildfire
Nov 8 2019 // Pacific Gas & Electric is reporting substantial losses for the third quarter, driven by catastrophic wildfires that have been blamed on the utility’s outdated transmission lines. The company anticipates those...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon
Nov 8 2019 // Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and insured losses minimally in the billions, according to Aon’s monthly catastrophe...
