Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Topa in California Names Yates Assistant Vice President of Claims
Jun 25 2019 // Topa Insurance Co. has named Kelly Yates assistant vice president of claims. Yates will be located in Topa’s Calabasas, Calif. office. Yates has oversight of Topa’s property and commercial auto business and its...
M5.5 Quake Confirmed in California Near Pacific Coast
Jun 24 2019 // The U.S. Geological Survey a magnitude 5.5 earthquake has hit near the Pacific coast of Northern California. The agency says the earthquake struck at 8:53 p.m. on Saturday at a spot 17.3 miles southwest of Scotia, a town...
Women Employees at Oracle Seek Class-Action Status in Gender Pay Lawsuit
Jun 24 2019 // Call it the class ceiling. Women suing major technology companies for gender discrimination would have much stronger leverage against their employers if they could press their claims on behalf of a large group of female...
CSAA in California Names Acevedo Chief Information Officer, and Rogers Chief Information Security Officer
Jun 24 2019 // CSAA Insurance Group has named Paul Acevedo executive vice president and chief information officer. CSAA has also named Marlys Rodgers chief information security officer. Acevedo leads CSAA’s technology organization,...
NFP Acquires Excel Bonds & Insurance Services in California
Jun 21 2019 // NFP has acquired Sacramento, Calif.-based Excel Bonds & Insurance Services Inc. The deal closed May 1. Cathy Skeen and Dave Garese, former founders and principals, will join NFP as senior vice presidents, reporting to...
California Governor Wants Wildfire Fund to Help Utilities
Jun 21 2019 // California Gov. Gavin Newsom is pressing lawmakers on a wildfire fund that may be financed through bonds to help utilities pay for the catastrophic blazes their power lines keep igniting, according to people familiar with...
Bird Knocks Out 84% of Massive California Solar Farm
Jun 21 2019 // An “avian incident” sparked a fire at one of California’s biggest solar farms, affecting 1,200 acres and knocking out 84% of the California Valley Solar Ranch’s generating capacity. The June 5...
Most Local Governments on Sidelines of California Cannabis Rush, But for How Long?
Jun 20 2019 // The number of licensed cannabis businesses in California continues to rise. For the state’s three types of licenses – temporary, provisional and annual – the latest figures show roughly 2,700 businesses licensed...
Georgia Makes Multiple Arrests in $120M, Multi-State Insurance Fraud Scheme
Jun 20 2019 // Several individuals were arrested last week involved in an insurance fraud scheme stretching all the way to California that is believed to have totaled $120 million in losses, according to the Georgia Department of...
California Warehouse Fire Defendant Says No One Was in Charge
Jun 19 2019 // The San Francisco Bay Area warehouse where a fire killed 36 people more than two years ago was an artist enclave where nobody was fully in charge, one of two men blamed for the fire testified this week. Max Harris told a...
PG&E Settles for $1B with Local Governments for California Fire Claims
Jun 19 2019 // PG&E Corp. will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on...
Bayer Asks Judge to Overrule $2 Billion Monsanto Roundup Verdict
Jun 19 2019 // Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company’s glyphosate-based Roundup weed killer responsible for a couple’s cancer, arguing the jury decision was not...
States Reviewing Proposed Sale of Workers’ Comp Specialist Applied Underwriters
Jun 19 2019 // A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality. The California Department of Insurance is reviewing an application for the sale of the Calif.-based...
Hub International Acquires Foster & Parker Insurance Agency in California
Jun 18 2019 // Hub International Ltd. has acquired Foster & Parker Insurance Agency Inc. Terms of the deal were not disclosed. Steve Barsotti, president of Foster & Parker Insurance, and the staff will join Hub California. Foster...
Stringent Climate Policy Poised to Pass in Oregon
Jun 18 2019 // Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. Supporters call it the...
Small Quake Confirmed Near Central California Town
Jun 17 2019 // The U.S. Geological Survey confirmed a magnitude 3.2 earthquake hit central California. The agency says the earthquake hit a spot 11.4 miles southwest of Darwin, a town of about 36 people, at 6:48 p.m. The agency says the...
TigerRisk Names Frase Partner in California
Jun 17 2019 // TigerRisk Partners LLC has named Lindsey Frase a partner and member of its North American current client division. Frase will report to Wade Gulbransen, global head of reinsurance. Frase started her reinsurance industry...
Early Cannabis Insurance Claims Experience Differs from Expectations
Jun 17 2019 // It’s still early, but claims experience thus far in the cannabis insurance market is encouraging, according to one leading writer. “So far, we’re optimistic that we’re going to see that our...
California Surplus Lines Stamping Fee Goes to 0.25% in 2020
Jun 17 2019 // The Surplus Line Association of California board has voted to adjust the stamping fee to 0.25%, effective Jan. 1, 2020, the group announced earlier this month. The stamping fee has been set at 0.2% for seven years, the...
Wells Fargo Settling California Car Loan Suit for $385M
Jun 17 2019 // Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their...
