Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Gaspar Insurance Acquires Elden Insurance in Southern California
Jul 26 2019 // Gaspar Insurance Services has acquired Elden Insurance Services Inc. in Canoga Park, Calif. Plans call for Elden Insurance owner Dennis Helio to retire. Elden Insurance offers commercial and personal insurance services,...
Utilities Want in on California Wildfire Insurance Fund, But Others Will Decide
Jul 26 2019 // All three of California’s investor-owned utilities have now signed off on the creation of a $21 billion wildfire fund that any one of them could tap the next time a power line sparks a catastrophic blaze. PG&E...
Union Not Siding with Rideshare Operators on California Labor Law
Jul 26 2019 // Uber and Lyft suffered a setback in their months-long fight against rules that could force them to reclassify California drivers as employees. The ridesharing companies, along with other businesses that depend on...
Insurers Owed $20 Billion Offer Own Rescue Plan for PG&E in Bankruptcy Court
Jul 25 2019 // Insurance companies that say Pacific Gas & Electric owes them more than $20 billion from wildfire claims wants to take over the California utility and pull it out of bankruptcy. The group of insurers filed court...
Police Looking into if Tesla Was Self-Driving During California Crash
Jul 24 2019 // A woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist and left his wife critically injured, authorities said. Officers were investigating whether the...
Modeler Estimates Insured Losses from California Quakes Less Than $40M
Jul 24 2019 // A catastrophe modeler estimates the total loss from the 7.1 Magnitude and M6.4 earthquakes that struck near Ridgecrest, Calif., earlier this month will be about $200 million, not including infrastructure or damage to...
California Financial Advisor Sentenced to 10 Years for Embezzling $1M
Jul 24 2019 // California financial advisor Tom Fallon, 65, has been sentenced in Long Beach Superior Court after being convicted in an open plea of 25 criminal counts of money laundering and grand theft. Fallon was sentenced to 10 years...
California Commissioner and U.N. to Develop Sustainable Insurance Roadmap
Jul 23 2019 // The California Department of Insurance and the United Nations Environment Program on Tuesday announced the launch of a yearlong effort to develop a “Sustainable Insurance Roadmap” to confront California’s...
Big Cannabis Bills That Await California Lawmakers Include Banking and Hemp Products
Jul 23 2019 // Next month could be big for California’s cannabis industry. Among legislation introduced last session by state lawmakers was a bill to enable hemp-infused food and beverages to be legally sold by licensed marijuana...
Report Shows California Workers’ Compensation Premiums Falling
Jul 22 2019 // Workers’ compensation insurance premiums in California are declining as continued rate decreases more than offset the impacts of continued economic growth, according to the Workers’ Compensation Insurance...
California Earthquake Authority Board Expands Policyholder Eligibility for Retrofit Grants
Jul 22 2019 // The governing board of the California Earthquake Authority has voted to increase the number of policyholders eligible for a $3,000 retrofit grant. The CEA board voted to make the grant available to roughly 30,000 CEA...
Bayer May Have Home Advantage in St. Louis Roundup Cancer Trial
Jul 22 2019 // Bayer AG, facing an upcoming trial in St. Louis over allegations that its Roundup weed killer causes cancer, has recruited Missouri-based expert witnesses to make its case in a place where it has century-old roots but...
Town Leveled by California Wildfire Reopens Its Public Pool
Jul 22 2019 // The public swimming pool in Paradise, California, is reopening for the first time since a catastrophic wildfire destroyed much of the town. CBS13 in Sacramento reports state firefighters used their hoses last week to...
Utility Customers Sue Over California Wildfire Law
Jul 22 2019 // Two Pacific Gas & Electric customers want the federal judge overseeing the company’s bankruptcy to strike down a new California law that Gov. Gavin Newsom has championed as a way of shoring up the state’s...
California Safety Board Oks Regulation to Protect Workers from Wildfire Smoke
Jul 19 2019 // The California Occupational Safety and Health Standards Board has adopted an emergency regulation designed to protect workers from hazards associated with wildfire smoke. The regulation is expected to go into effect in...
Report: California Private Self-Insured Employers Comp Claim Frequency Rose Last Year
Jul 19 2019 // Workers’ compensation claim frequency reported by private self-insured employers in California rose last year, as the incidence of both indemnity and medical-only claims rose from the 2017 levels, the California...
Expert Outlines 5 School Insurance Liability Issues to Watch
Jul 19 2019 // Lilian A. Vanvieldt, senior vice president, educational entities practice leader for the national insurance agency Alliant, has spent more than three decades insuring schools across the country. Her book of business spans...
Consumer Group Gives California Insurance Commissioner to Month’s End for Contributions Records
Jul 18 2019 // A watchdog group has given California Insurance Commissioner Ricardo Lara until July 31 to produce public records related to meetings with insurance industry representatives who reportedly gave him $54,300 in campaign...
Report: California Wildfires Will Get Worse, Blame Climate Change
Jul 18 2019 // Hot, dry weather in California has resulted in a dramatic increase in wildfires. It will get worse – and you can blame climate change, according to a new report out. The report, Observed impacts of anthropogenic climate...
United Valley Adds Financial Management Network in Southern California
Jul 18 2019 // United Valley Insurance Services Inc. has added Mission Viejo, Calif.-based Financial Management Network as a member. FMN is a wealth management advisory firm, and has a focus on providing coverage reviews for their...
