Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Dermatologicals Now the Costliest Drug Group in California Workers Comp
Jan 15 2025 // Dermatologicals, which include a number of high-priced, private label drugs, account for the biggest share of the total drug spend in the California workers’ compensation system, a new report shows. Data from the...
Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California
Jan 15 2025 // Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end...
Texas Lawmaker Sees California Fire Aid Tied to Conditions
Jan 14 2025 // As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying relief funding for California to policy changes in the state. “California has some...
Navion Acquiring Pegasus Capital & Insurance Services in California
Jan 14 2025 // Navion insurance Associates Inc. has acquired Pegasus Capital & Insurance Services Inc. in California. Pegasus Capital & Insurance Services is an insurance agency that specializes in serving the commercial...
Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California
Jan 13 2025 // Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end...
California Wildfires Wrapup: Aerial Assault Aims to Stem LA Palisades Fire Spread
Jan 11 2025 // LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread of the Palisades wildfire in Los Angeles on Saturday as on-the-ground firefighting intensified amid...
Los Angeles Fires Become Existential Test for California’s Stopgap Insurer
Jan 9 2025 // The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history, draining insurance coffers and threatening California’s massive state-sponsored insurance...
Businesses Sue State Over New California Workplace Law
Jan 9 2025 // California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings at work. The state’s Chamber of Commerce and California Restaurant Association filed the...
California Wildfires Will Likely Lead to Large Economic and Insured Losses
Jan 8 2025 // Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say...
Mercury Insurance to Return to Fire-Ravaged Paradise, California
Jan 8 2025 // Mercury Insurance announced this week that the company will begin writing new homeowners insurance policies in the town of Paradise, California. Mercury says it is the first major insurance company to begin offering...
Exxon Sues California AG, Environmental Groups Over ‘Smear’
Jan 7 2025 // Exxon Mobil Corp. filed a lawsuit alleging that California Attorney General Rob Bonta and several environmental groups made defamatory comments about the oil company’s ability to recycle plastic. Exxon accused Bonta,...
Former California Insurance Agent Convicted After Stealing $3.7M
Jan 7 2025 // A former insurance agent plead guilty to stealing premium from a premium finance company. Formerly licensed insurance agent Tonja Van Roy, 59, who currently resides in Las Vegas, but operated an insurance agency based in...
California Winds Drive Severe Fire Danger in Rain-Starved LA
Jan 6 2025 // Exceptionally powerful, dry winds expected across Southern California this week are set to send wildfire risk skyrocketing in a region that’s endured more than eight months without significant rain. Forecasters...
SageSure Closes Acquisition of GeoVera Advantage Insurance Services in California
Jan 3 2025 // SageSure closed the acquisition of GeoVera Advantage Insurance Services LLC in Fairfield, California. The entity will now function as a newly formed managing general agent and includes the residential earthquake risk...
Verisk to Get First Cat Model Under Review for Insurance Ratemaking in California
Jan 2 2025 // Verisk said on Thursday it will be the first modeler to request a review of its wildfire catastrophe model under a reform pushed by California Insurance Commissioner Ricardo Lara. The reform allows catastrophe models to be...
California State Fund Declaring 15% Dividend for 2024 Policy Year
Jan 2 2025 // State Compensation Insurance Fund in California announced that it will declare a $149 million dividend to qualifying policyholders with policies that took effect between Jan. 1 and Dec. 31, 2024. This dividend equals...
Arthur J. Gallagher & Co. Acquires BMR Insurance in California
Dec 31 2024 // Arthur J. Gallagher & Co. acquired Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Gary Arch and his team will remain in their current location under the direction of Scott Firestone,...
California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking
Dec 30 2024 // California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the state’s ailing homeowners insurance market with the Net Cost of Reinsurance in...
Arthur J. Gallagher & Co. Acquires California’s BMR Insurance
Dec 30 2024 // Arthur J. Gallagher & Co. announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed. BMR Insurance is a retail insurance...
People Moves: EPIC Names Rosson Northern California Growth Leader; Lara Makes Reappointments to CIGA Board
Dec 30 2024 // EPIC Insurance Brokers & Consultants Appoints Rosson as Northern California Growth Leader Charlie Rosson EPIC Insurance Brokers & Consultants hired Charlie Rosson as Northern California growth leader. Rosson spent...
