California - Latest Insurance News

Lawsuit Over Michael Jackson Insurance Settled In California

Jan 17 2014 // A lawsuit over the payout of a $17.5 million policy related to Michael Jackson’s planned comeback concerts has been settled, attorneys told a judge on Wednesday. Lawyers for Certain Underwriters at Lloyd’s of...

California Diocese Files For Bankruptcy Due to Sex Abuse Payouts

Jan 17 2014 // A Roman Catholic diocese in Central California filed for bankruptcy protection on Wednesday after paying out millions of dollars to plaintiffs who made sexual abuse allegations during the past two decades. The Diocese of...

Autonomous Vehicle Testing Regulations for California Coming Soon

Jan 16 2014 // If you think Google when you think about autonomous vehicles driving the streets, you’re leaving out the rest of the players in what some see as the future of the auto industry. If fact, there are enough players in...

Southern California Wildfire Prompts Evacuations

Jan 16 2014 // A wildfire burned out of control near homes in the dry foothills of the San Gabriel Mountains early Thursday, fanned by gusty Santa Ana winds that spit embers into neighborhoods in the city below. Evacuations were ordered...

California Energy Drink Maker Monster Eyed by Prosecutors

Jan 16 2014 // The San Francisco city attorney and New York state attorney general have joined forces to investigate whether Monster Beverage Corp. is marketing its highly caffeinated drinks to children. The joint probe began last month...

Southern California Lawyer Convicted Of Using Cappers

Jan 16 2014 // Walter Martinez, 60, of Alta Loma, Calif. pled guilty to 43 felony counts of using cappers – recruiters paid from victims’ insurance settlement – to get clients for his practice. Martinez evidently his scheme...

Southern California Fire Danger Driven By High Winds

Jan 15 2014 // Red flag warnings remain posted as dry and gusty Santa Ana winds continue to buffet much of Southern California. The National Weather Service says a high-wind warning is in effect until noon Wednesday. In San Bernardino...

California Workers’ Comp IMR Working: Study, Government

Jan 14 2014 // A key part to California’s sweeping workers’ compensation reform is working, according to a new study and the people running the system. More than 95 percent of workers’ comp medical treatment requests...

Lockton Adds Trade Credit Expert Sukiasian in California

Jan 14 2014 // Lockton added Jackie Sukiasian as an account executive and member of Lockton’s trade credit and political risk team in Southern California. Sukiasian will operate out of the Los Angeles office. Prior to Lockton,...

Supreme Court Rejects Human Rights Claim Against Multinational Firm

Jan 14 2014 // The U.S. Supreme Court gave multinational companies a stronger shield against lawsuits, throwing out a case against Daimler AG over a company unit’s alleged collaboration in torture and killings in Argentina. The...

Heffernan Names Paletta Sales Manager, Benefits in California

Jan 13 2014 // Heffernan Insurance Brokers named Marc Paletta sales manager for its Northern California benefits team. Paletta began his career in underwriting before moving into sales as an account executive. He was promoted to regional...

Hull & Company Names Dumag as Underwriter, Broker in California

Jan 13 2014 // Jennifer Dumag has joined Hull & Company Inc. in its Stockton, Calif. office as a commercial lines underwriter and broker. Dumag will be responsible for marketing, underwriting and placement of excess and surplus and...

Workers’ Comp Law Firm ATB Opens Office In Los Angeles

Jan 13 2014 // Adelson, Testan, Brundo, Novell & Jimenez, a national law firm focusing on workers’ compensation defense, opened an office in Los Angeles and has named Michelle Y. Wu as managing partner in the new office. The...

California’s Consumer Watchdog Slammed For Using ‘Brain Dead’ Teen

Jan 13 2014 // An advocacy group is facing sharp criticism for trying to raise money using the case of a 13-year-old California girl who was declared brain dead. Consumer Watchdog’s recent fundraising appeal to supporters generated...

Policing the ‘Dark Side’ of Internet of Things

Jan 13 2014 // The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google Inc. to Bayerische Motoren...

California Servers Awarded $5.7M in Age Discrimination Suit

Jan 13 2014 // A jury awarded nearly $5.7 million to four servers who alleged they were fired from a Los Angeles restaurant because of their ages. Superior Court jurors near the end of 2013 awarded damages to the women, who range in age...

Failing to Make the Case for Rate Regulation

Jan 13 2014 // In 1988 California voters enacted Proposition 103, in one stroke changing the state’s law regulating insurance rates from one of the least restrictive to one of the most restrictive in the nation. In the 25 years...

People – West

Jan 13 2014 // Equity Risk Partners named four insurance industry executives to its team in California, while also establishing the firm’s physical presence in Southern California. Equity’s new executive hires are Doug...

California Tops ‘Judicial Hellhole’ List

Jan 13 2014 // California isn’t just a warm place to live, which is often the case even in winter, but it turns out the state is considered a “judicial hellhole.” The American Tort Reform Foundation issued its annual...

Construction’s Growing Role in Renewable Energy