Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Insurance Commissioner Calls for Insurance Divestment from Coal
Feb 8 2016 // California Insurance Commissioner Dave Jones in January asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal as part of a nationwide call to reduce carbon...
Hoverboard Bursts into Flames in California Home
Feb 8 2016 // A hoverboard burst into flames in a Petaluma, Calif. home in late-January, making it the second hoverboard fire in the area in one week. The hoverboard was plugged into an electrical outlet to charge when the fire...
People – West
Feb 8 2016 // Richards D. Barger, a former California insurance commissioner and a former president of the National Association of Insurance Commissioners, died in late January. He was 87. Barger, who went by the name Dick, devoted his...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Business Moves
Feb 8 2016 // Aspen, AgriLogic Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspen’s specialty insurance...
Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters
Feb 8 2016 // It was a relatively quiet year for natural disasters – except for those living in the Western United States, according to property data provider CoreLogic, in its annual Natural Hazard Risk Summary and Analysis, released...
Ghost of 2008 Crash Still Haunts Real Estate E&O
Feb 8 2016 // The ghost of the 2008 financial collapse still haunts the liability insurance market for real estate professionals and some are worried the business may be headed for a replay of that crisis. While it is still recovering...
A Tale of Two Sovereigns
Feb 5 2016 // Canute was a king of Denmark who ruled over an empire that included large parts of Sweden, all of Norway and almost all of England. He ruled over person and property alike. He ruled over the land and sought to expand his...
California Commissioner Explains Call for Insurer Divestment from Coal
Feb 4 2016 // One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their...
El Niño Could Signal Easing of California Drought, Says Official
Feb 4 2016 // In the strongest indication yet that the California drought could be easing, officials said strict water conservation orders could be dramatically scaled back or even ended if El Niño storms keep pummeling the state into...
Time Warner Cable Settles Lawsuits by California City for $5M
Feb 4 2016 // Time Warner Cable has agreed to pay $5 million to settle lawsuits that claimed it owed Los Angeles millions in city fees. Last week’s settlement was announced this week. The city filed two lawsuits that claimed Time...
Digital Benefit Advisors Acquires Hillenbrand in Northern California
Feb 4 2016 // Digital Benefit Advisors has acquired Hillenbrand Insurance Solutions of Roseville, Calif. Patric Hillenbrand and his team of nine have joined the Northern California office of DBA. The move expands Digital Benefit...
Hub Acquires California-Based Equity Risk Partners
Feb 3 2016 // Hub International Ltd. has acquired San Francisco, Calif.-based Equity Risk Partners Inc. Terms of the deal were not disclosed. Michael Marcon, CEO of Equity Risk, will join Hub and report to Roy Taylor, president of...
California City Misused Disaster Relief Funds, Audit Finds
Feb 3 2016 // A federal audit has found the city of San Diego, Calif. did not properly use $1. 2 million in disaster relief funds of the $6 million it received for damage from flooding and mudslides five years ago. The Jan. 25 report by...
Sempra’s ‘Don’t Worry’ Be Gassy View on Leak Not Going over
Feb 3 2016 // Ever since one of its wells in California started spewing natural gas in October, Sempra Energy’s message to residents has been the same: Don’t worry – the leak poses no public safety threat and won’t...
Hoverboard Found in Northern California County House Fire
Feb 2 2016 // Alameda County, Calif. fire officials say a hoverboard was found in the area where a fire sparked at a San Leandro home. KRON-TV reported that firefighters responded over the weekend to reports of a fire at a two-story...
Heffernan in California Names Dewey Vice President
Feb 2 2016 // Walnut Creek, Calif.-based Heffernan Insurance Brokers has named Christopher Dewey vice president. Dewey joined Heffernan in 2008 in the small business division, and was promoted to Heffernan’s large commercial...
Alliant Names Heffernan Executive Vice President in California
Feb 2 2016 // Alliant Insurance Services Inc. has named Michael Heffernan executive vice president in its construction services group. Heffernan will be responsible for Alliant’s construction operations in San Jose, Calif. He will...
Yahoo Hit with Suit Over Mass Firings, Performance Review Metrics
Feb 2 2016 // Yahoo! Inc. was accused in a lawsuit of manipulating employee performance evaluations to justify firing hundreds of workers in order to meet its financial targets. Gregory Anderson, who was an editor for some of...
California University Acknowledges Liability in Football Player Death
Feb 1 2016 // The University of California has acknowledged its negligence was a substantial factor in the death of former California football player Ted Agu. The 21-year-old defensive lineman from Bakersfield died nearly two years ago...
