Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Officials Say California Family Arraigned for Auto Insurance Fraud Filed 40-Plus Claims
Feb 19 2024 // Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and...
Symphony Risk in California Launches Captive Program for Cannabis Industry
Feb 16 2024 // Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool...
New York City Sues Social Media Platforms Over Teen Mental-Health Concern
Feb 16 2024 // New York City joined a growing chorus of states, cities and school districts suing social media companies over claims that their platforms are fueling a mental-health crisis among teens, alleging that Meta Platforms and...
Southern California Tops List of Wheel and Tire Claims for Second Straight Quarter
Feb 16 2024 // Los Angeles and Orange County are number one of the top 20 list for a second consecutive quarter for 2023 and stay at the top in theft claims handled by population. Wheelnet, a provider for wheel and tire replacement for...
Oracle Women Fought 7 Years for Equity, Only to Win an Extra Paycheck or Two
Feb 15 2024 // Oracle Corp. female employees who fought the company in court for almost seven years over gender-pay equity reached a $25 million settlement — a small price for the software giant that amounts to one or two paychecks for...
Disneyland’s Mickey Mouse And Cinderella Performers May Unionize
Feb 15 2024 // Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize. Labor organizers announced the campaign, saying performers want...
Continued Growth for Surplus Lines in 2023 as Premiums Up 14.6%
Feb 14 2024 // The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines office release by the Wholesale & Specialty Insurance Association...
California Lawmakers Call for Stricter Regulation of Autonomous Vehicles
Feb 14 2024 // California lawmakers and labor unions rallied to call for laws to not allow autonomous trucks without human drivers, amid rising safety concerns after accidents involving self-driving taxis from General Motors and...
Viewpoint: The Cyber Risk Pendulum
Feb 13 2024 // Privacy risk is so 2014, right? Ten years ago, numerous retail and healthcare companies were hit with data breaches related to the exposure of credit card or healthcare data. Given many data breach claims, which included...
What’s to Come in 2024: AI Expansion, More Catastrophes, Network Consolidation
Feb 13 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their...
Father in Gender-Reveal That Sparked Fatal 2020 California Wildfire Pleads Guilty
Feb 13 2024 // A man whose family’s gender reveal photo shoot sparked a Southern California wildfire that killed a firefighter in 2020 has pleaded guilty to involuntary manslaughter, prosecutors said. The El Dorado Fire erupted on...
People Moves: BenefitMall Adds Perea to Northern California Team
Feb 12 2024 // BenefitMall named Carmen Perea as sales executive for Northern California. Perea has more than two decades of industry experience. Before joining BenefitMall in December 2023, Carmen worked as an account executive at...
Venbrook in California Expands Student Insurance
Feb 12 2024 // Venbrook Group LLC and Student Insurance announced the expansion of their accident coverage program for student-athletes attending universities in California. The Student Athlete Insurance Network is a partnership with...
AM Best Says Losses from California Storms Largely Uninsured, Underinsured
Feb 9 2024 // The economic losses from the latest round of California storms will be significant, with many of these losses may not be insured because only 2% of California residents have purchased flood insurance, David Blades,...
Global Warming Exceeded Benchmark Over 12-Month Period for First Time on Record
Feb 9 2024 // Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate...
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
People Moves: Across American Names Barr CFO/CTO; Sobel Joins Aspire in California
Feb 9 2024 // Barr Named CFO/CTO at Across America Insurance Leah Barr joined commercial transportation insurance wholesaler Across America Insurance, headquartered in Riverside, Calif., as chief financial and technology officer. A...
Founder of AgencyPoint in California Says Many Agencies Put Accounting on Backburner
Feb 8 2024 // Many small- to mid-sized agencies aren’t putting much thought into accounting, relegating the important function to the backburner by opting to use local accountants, agency management systems that may not be...
CoreLogic: California Storms Put 543K Homes at Risk of Flash Flood Damage
Feb 6 2024 // CoreLogic estimated that across the greater Los Angeles area, nearly 543,000 single- and multifamily homes with a combined reconstruction cost value (RCV) of more than $258 billion are at risk of flash flood...
SpaceX Accused of Sexual Harassment as Fight With Ex-Employees Intensifies
Feb 6 2024 // Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former employees allege in California civil rights complaints viewed by...
