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WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium
Jul 21 2025 // Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report shows. The Workers’ Compensation Insurance Rating...
Billionaire-Backed California City Pitches Plans for Factory Hub
Jul 18 2025 // California Forever, the proposed futuristic community backed by billionaire venture capitalists, is now billing itself as a manufacturing center a year after local opposition forced it to withdraw plans to incorporate a...
California Labor Commissioner Cites Ritz-Carlton and Subcontractors $2M
Jul 18 2025 // The California Labor Commissioner’s Office cited the Ritz-Carlton Hotel Company LLC and three contractors more than $2 million for reportedly misclassifying 155 janitors as independent contractors at its Half Moon...
Venbrook Launches Habitational Product for California Condos, Townhomes
Jul 16 2025 // Venbrook Group has entered a strategic alliance with DB Insurance to bring a specialty coverage option for multi-unit residential properties in California. The product is tailored for condominium and townhome homeowners...
California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients
Jul 15 2025 // The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the...
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