Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
AM Best Revises Status to Developing For California Capital Insurance Co. and Subsidiaries
Mar 4 2019 // AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of...
California Department of Insurance Issues Cease and Desist Order for Benefits Firm
Mar 4 2019 // The California Department of Insurance issued a Cease and Desist Order to NexGen Insurance Services Inc., Riverstone Capital LLC (dba Riverstone Capital Insurance Services LLC) and its owner/operators Travis O. Bugli,...
Participants in $200M California Workers’ Comp Scheme Sentenced
Mar 4 2019 // Several conspirators involved in a massive workers’ comp kickback scheme were ordered in late February to serve prison sentences and pay millions in financial penalties for their roles in the corrupt payment of...
Northern California River Flooded 2,000 Buildings
Mar 1 2019 // A Northern California river flooded 2,000 homes, businesses and other buildings and left two communities virtual islands after days of stormy weather, officials said Wednesday. The towns of Guerneville and Monte Rio were...
California Charter School Settles Sex Discrimination Lawsuit
Mar 1 2019 // Guidance Charter School, of Palmdale, Calif. will pay $8,000 and provide other injunctive relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency...
California Insurance Agents Arrested for Stealing from Clients
Mar 1 2019 // Investigations by the California Department of Insurance led to the arrests of insurance agents who allegedly stole tens of thousands of dollars from clients and failed to place insurance coverage for those clients. Maria...
Wrongly Convicted California Man Gets $21M Settlement
Feb 28 2019 // The city of Simi Valley, Calif., has reached a $21 million settlement with a man wrongly imprisoned for nearly 40 years in the killing of his girlfriend and her 4-year-old son. Some of that settlement is being paid by...
Storm Waters Flood, Cut off California Town
Feb 28 2019 // A California town north of San Francisco was accessible only by boat after a rain-swollen river overflowed its banks inundated it overnight, authorities said Wednesday. “Guerneville is officially an island,”...
Filings Show PG&E Delayed Key Power Line Safety Overhaul
Feb 28 2019 // Shares of PG&E Corp fell about 3 percent after federal filings showed that the power utility had delayed a safety overhaul of a high-voltage transmission line, a prime suspect behind the deadliest wildfire in...
FBI Looking for Victims of Alleged Workers’ Comp Scheme Run by California Firm
Feb 27 2019 // The FBI is seeking to identify businesses that may be victims of an alleged nationwide workers’ compensation insurance, health care insurance, and pension plan fraud scheme. The FBI is urging businesses that...
Southern California Gas Leak Settlement Raises Stink
Feb 26 2019 // A stink is being raised over a $120 million court settlement from the nation’s largest-known natural gas leak and it’s not about money, but cow manure. Environmental groups have criticized a plan to put more...
California AG Backing Bill to Expand Consumer Privacy Protections
Feb 26 2019 // California Attorney General Xavier Becerra has endorsed a state bill that would expand the state’s new privacy act to allow consumers to sue companies over their handling of personal data, despite months of tech...
Former California Insurance Agent Allegedly Faked Workers’ Comp Insurance
Feb 25 2019 // Former California licensed insurance agent, Alan Amir Yousefi, 31, was charged with 10 felony counts including grand theft, insurance fraud and forgery, for allegedly stealing more than $105,000 in insurance premiums from...
Unlicensed California Agent Allegedly Steals $174K in Premiums
Feb 25 2019 // Connie Free, 34, of Moreno Valley, Calif., is scheduled to be arraigned today on 18 felony counts including grand theft and forgery after allegedly stealing at least $174,000 in insurance premiums from seven different...
Participants in $200M California Workers’ Comp Scheme Sentenced
Feb 25 2019 // Several conspirators involved in a massive workers’ comp kickback scheme have been ordered to serve prison sentences and pay millions in financial penalties for their roles in the corrupt payment of millions of...
California Data Privacy Proposal Could Get Even Tougher
Feb 25 2019 // The strongest data privacy law in the country may be about to get sharper teeth, and lobbyists representing the tech industry think it’s a disastrous idea. Companies that amass user data could be the target of mass...
Bayer Faces Second Trial over Roundup Cancer Risk Claim
Feb 25 2019 // Bayer AG is set to face a second U.S. jury over allegations that its popular glyphosate-based weed killer Roundup causes cancer, six months after the company’s share price was rocked by a $289 million verdict in...
California Bill Would Make Clergy Report Abuse Revealed in Confessions
Feb 22 2019 // A California lawmaker says clergy should be required to report suspected child abuse and neglect even if they learn of it during confession. Democratic Sen. Jerry Hill said the bill he introduced Wednesday is “about...
Aquiline to Acquire Relation Insurance Services in California
Feb 21 2019 // Aquiline Capital Partners LLC, a private equity firm investing in financial services and technology, has entered into a definitive agreement to acquire Walnut Creek, Calif.-based Relation Insurance Services from private...
Cavignac & Associates in California Adds Rodriguez in Surety Department
Feb 21 2019 // San Diego, Calif.-based Cavignac & Associates has named Jessica Rodriguez an account administrator within the agency’s surety department. Rodriguez serves as the client contact within the department for...
