Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
World Insurance Company Pensionmark Acquiring Xponential in California
Apr 21 2023 // Pensionmark acquired Xponential Growth Solutions in San Diego, California. Terms of the deal were not disclosed. XGS is a retirement benefits consultant. Pensionmark is a World Insurance Associates LLC company. Pensionmark...
California Department of Insurance Orders Refunds over Bogus Mailers
Apr 20 2023 // An insurance company offering home warranties must refund Californians who were reportedly deceived by a misleading mailer sent to hundreds of thousands of consumers. According to an investigation by the California...
California Workers’ Comp Committee OK’s .03% Higher Pure Premium Filing
Apr 19 2023 // The Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2023 pure premium rate filing to the state’s Insurance...
Families Displaced from California Neighborhood Seeking $2B
Apr 19 2023 // As a child, Lawrance W. McFarland lived on a small piece of land on a Native American reservation in Palm Springs he described as a “little world of its own,” surrounded by the parts of the city that were...
People Moves: California Insurance Commissioner Makes WCIRB Governing Committee Appointments
Apr 18 2023 // California Insurance Commissioner Ricardo Lara made two reappointments to the California Workers’ Compensation Insurance Rating Bureau’s governing committee. Diana Rich is the director of risk management for...
Capitola in California Secures $15.6M in Funding Round Led by Munich Re Ventures
Apr 18 2023 // Capitola in California has raised $15.6 million in its Series A funding round led by Munich Re Ventures. The firm reports this round will be used to grow Capitola’s platform with an emphasis on its market...
California Workers’ Comp Fraud Task Force Uncovers $1.6M in Unreported Payroll
Apr 18 2023 // California private security company owner Luis Burgos, 50, and his former business partner, Sohan Singh, 57, were charged for their alleged involvement in a workers’ compensation insurance fraud scheme after an...
California Church Paying $1.2M over Broken COVID Rules
Apr 17 2023 // A California church that defied safety regulations during the COVID-19 pandemic by holding large, unmasked religious services must pay $1.2 million in fines, a judge has ruled. Calvary Chapel in San Jose was fined last...
Drought Dwindles to Less Than 9% of California
Apr 17 2023 // Only remnants of California’s three-year drought remain after winter’s epic storms. The U.S. Drought Monitor reported last week that areas of drought cover less than 9% of the state, down from more than 99% at...
California Commissioner and FAIR Plan Agree to up Commercial Coverage to $20M
Apr 17 2023 // California Insurance Commissioner Ricardo Lara and the California FAIR Plan Association agreed to more than double its existing commercial coverage limits to $20 million for businesses unable to find coverage in the normal...
California Jury Awards $46M to Paralyzed Jiu-Jitsu Student
Apr 17 2023 // A San Diego jury has awarded more than $46 million to a man who suffered a catastrophic spinal injury during a beginner jiu-jitsu class five years ago, attorneys said. Jack Greener was enrolled at Del Mar Jiu-Jitsu Club in...
California’s Office of Administrative Law OKs Privacy Regulations
Apr 17 2023 // The California Privacy Protection Agency finalized its first substantive rulemaking package to further implement the California Consumer Privacy Act, which was approved by the California Office of Administrative Law. The...
Pipeline Involved in California Spill That Caused Numerous Lawsuits Restarting
Apr 13 2023 // An offshore pipeline involved in a 2021 oil spill that fouled Southern California beaches is being put back in service, the operator said. Amplify Energy Corp. said that it received approval from federal regulatory...
Lawsuit Seeks to Uphold Closing California’s Last Nuke Plant
Apr 13 2023 // An environmental group has sued to block Pacific Gas & Electric from seeking to extend the federal operating licenses for California’s last nuclear power plant. A complaint filed in San Francisco Superior Court...
California Landscapers Arraigned in Workers’ Comp Premium Fraud Scheme
Apr 13 2023 // Five defendants were arraigned this week on multiple felony counts of insurance fraud after a California Department of Insurance investigation found a landscaping company some of the defendants owned allegedly...
AccuWeather: Storms May Have Delayed California’s Wildfire Season
Apr 12 2023 // The massive rainfall and snow California received this winter will likely delay the upcoming wildfire season for the state – though all that moisture is unlikely to curtail it much if at all, a wildfire report out today...
California Department Insurance Investigation Led to Dozens Implicated in Fraud Scheme
Apr 12 2023 // A California Department of Insurance-led investigation with assistance from the California Department of Justice has resulted in the arraignment of 12 suspects on more than 110 felony counts including conspiracy, insurance...
Investigators Seek More Victims of Alleged Fraud by Former California Insurance Agent
Apr 11 2023 // Formerly licensed insurance agent Gregory Magedman, 77, of Fullerton, California, appeared in court on one felony count of grand theft by embezzlement after allegedly failing to give an insurance payment to a...
People Moves: Embroker in California Names Spagnuolo Chief Product Officer
Apr 6 2023 // Embroker named Chris Spagnuolo as chief product officer. Spagnuolo has nearly 20 years of product management experience, most recently as CPO at Wander. Spagnuolo also founded two startups and spent seven years as a...
Jury Awards $3.2M to Ex-Tesla Worker in California for Racial Abuse Suit
Apr 6 2023 // A federal jury has awarded nearly $3.2 million in damages to a Black former worker at a Tesla factory in California that has been at the epicenter of racial discrimination allegations hanging over the automaker run by...
