Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Barney & Barney Expands in Northern California’s Bay Area
Oct 8 2014 // Barney & Barney has relocated its San Francisco, Calif. offices to a new, larger location in the financial district. The new offices, located at California and Front, are 50 percent larger than the previous location at...
Study: Formulary Could Save California Workers’ Comp $124M-$420M
Oct 7 2014 // Adopting a state-mandated workers’ compensation prescription drug formulary similar to systems in place in Texas and Washington could reduce California workers’ comp pharmacy payments by between $124 million...
Wiesner Joins EPIC as Regional Director in Northern California
Oct 6 2014 // Edgewood Partners Insurance Center has named David Wiesner managing principle and regional director in EPIC’s employee benefits consulting division. Wiesner will focus on growing EPIC’s employee benefits...
Southern California Agent Arrested For Scamming Insurers For $1.4M
Oct 6 2014 // Eric Lee, 64, of Orange County, Calif., was arrested last week by the California Department of Insurance and charged with 20 felony counts, including grand theft and allegedly providing false or misleading information to...
Earthquake coverage should be standard for mortgage loans
Oct 6 2014 // When it comes to California earthquake insurance, affordability is in the eye of the beholder. Californians are not convinced that earthquake risk is sufficient to warrant the purchase of products that are currently...
California Governor Signs Earthquake Insurance Information Bill
Oct 6 2014 // Gov. Jerry Brown has signed Assembly Bill 2064, which aims to change the way Californians learn about earthquake insurance for their homes. Under California law, insurers that sell residential property insurance also must...
A Review of Insurance Broker Duties Under California Law
Oct 6 2014 // Recently the California Court of Appeals provided an excellent summary of the duties of insurance agents and brokers under California law. See Mark Tanner Const., Inc. v. HUB Int’l. Ins. Services, Inc., 224...
NFL Player’s Family Sues League in California Over His Suicide
Oct 6 2014 // The wife and sons of former San Diego Chargers defensive back Paul Oliver are taking legal action against the NFL for wrongful death, blaming sports-related concussions for his suicide last year. The suit was filed in late...
Both Sides of California’s Health Rate Initiative Make Prop. 103 Comparison
Oct 3 2014 // Opponents of Proposition 45 on the upcoming California ballot like to draw a comparison with Proposition 103, the state’s primary auto insurance law. So do its backers. Prop. 45 seems to have slipped in the polls. A...
JLT to Acquire Part of California-based Alliant’s Energy Business
Oct 3 2014 // JLT Specialty Insurance Services Inc., the U.S. subsidiary of Jardine Lloyd Thompson Group plc, and Newport Beach, Calif.-based Alliant Insurance Services announced that JLT USA will be purchasing part of Alliant’s...
Novato, Insurer Others Settle Suit Over California Girl Killed By SUV
Oct 2 2014 // The city of Novato and other defendants have settled a lawsuit by the family of a 12-year-old California girl who was struck and killed by a SUV while riding her bicycle home from school two years ago. The Marin...
Brown Signs California Requiring Extinguishers After Limo Fire
Oct 2 2014 // California Gov. Jerry Brown has signed a bill requiring certain types of limousines to have two fire extinguishers and undergo regular safety checks. Brown announced Tuesday that he signed SB611 by Democratic Sen. Jerry...
Employee Suit Against Edison Utility in California to Be Heard by Court
Oct 2 2014 // The U.S. Supreme Court on Thursday agreed to weigh whether to revive certain claims made in a class action lawsuit filed by employees against utility Edison International over its pension plan management. The nine justices...
Institutional Officer Nabbed In $60,000 in California Workers’ Comp Fraud Case
Oct 1 2014 // James Levice Davis Junious, 33, was arrested for allegedly collecting more than $60,000 in workers’ compensation benefits he was not entitled to receive. Junious was charged with five felony counts including...
Stone Creek in California Brings on Pickens and Lazar
Oct 1 2014 // Stone Creek Insurance Agency in Lafayette, Calif. has hired Mia Pickens and George Lazar to help increase personal lines revenue and service. Pickens will serve as the personal lines account manager. Her main role will be...
California Increases Consumer Protections for Pet Insurance
Sep 30 2014 // Pet insurers must disclose important information regarding their policies, standardize definitions, and provide consumers with a 30-day “free look” period, under a bill signed into law by California Gov. Jerry...
Coach’s Insurance, California City To Pay $1M In DUI Death
Sep 30 2014 // The city of Fresno and the man who pleaded no contest in the drunken driving hit-and-run death of a 7-year-old California boy have agreed to pay the youth’s family more than $1 million to settle a civil lawsuit. The...
Departure of Bill Gross From Pimco Stuns Allianz
Sep 30 2014 // It was 2:28 p.m. in Munich on Sept. 26, and Bill Gross, in charge of $2 trillion as chief investment officer at Pacific Investment Management Co., had just announced that he was joining Janus Capital Group Inc., a...
California’s State Fund Names Guastamachio Chief Financial Officer
Sep 26 2014 // California’s State Compensation Insurance Fund has appointed Peter Guastamachio as its chief financial officer. Guastamachio had been acting CFO since November 2013, and also serves as chief investment officer. As...
California Wildfire Price Tag Exceeds $53M
Sep 26 2014 // A huge wildfire in northeast California has run up a firefighting tab in excess of $50 million and become the second priciest blaze in the state this year, officials said. The King Fire east of Sacramento has cost some $53...
