West News

Alliant Names Davidson Vice President in Washington

Alliant Insurance Services Inc. has named Megan Davidson vice president within the company’s real estate group. Davidson will be based in Alliant’s Seattle, Wash. office, and will provide insurance and risk management solutions to real estate clients with a focus …

Authorities: At Least $3B to Clear Debris from Homes Destroyed By California Wildfires

State and federal authorities estimate that it will cost at least $3 billion to clear debris from 19,000 homes and businesses destroyed by three California wildfires last month. The disaster relief officials said the cleanup costs will far surpass the …

More Than 100 Buildings Found Unsafe After Alaska Quake

More than 100 homes and buildings in the Anchorage area have been found unsafe to enter because of damage caused by the magnitude 7.0 earthquake, according to city data. At least another 182 buildings received some kind of damage from …

California Regulators to Look at New Blackout Rules to Prevent Deadly Wildfires

California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment. Utilities PG&E Corp., Edison International and Sempra Energy have been …

California Commissioner Wants Insurers to Waive Inventory Requirement for Wildfire Victims

California Insurance Commissioner Dave Jones is asking residential insurers to pay at least 75 percent and up to 100 percent of personal property or contents coverage in the event of a total loss without requiring policyholders to provide detailed personal …

Hub Acquires Assets of G.P. Barich Insurance Agency in California

Hub International Ltd. has acquired the assets of G.P. Barich Insurance Agency Inc. in Redlands, Calif. George Barich, president of Barich Insurance, will join Hub California and will report to Jim Jesser, executive vice president of Hub California. Terms of …

Allstate Says Losses from California Fires $670M, CEO Wants to Address Climate Change

Allstate this week announced estimated catastrophe losses for the month of November 2018 of $685 million, pre-tax ($541 million, after-tax). Catastrophe losses occurring in November comprised six events at an estimated cost of $679 million, pre-tax ($536 million, after-tax), plus …

The PURE Group Expands Excess & Surplus Lines Offering Into California

The PURE Group has expanded its excess & surplus (E&S) high net worth offering, PURE Programs, into California. The coverage is tailored to high value, high-risk homes with broader coverage than is typically found in the high net worth E&S …

Report: Workers’ Comp Premiums in California for First 9 Months of the Year Down 3%

The Workers’ Compensation Rating Bureau of California issued its quarterly experience report on Wednesday showing premium for the first nine months of 2018 was 3 percent below the same period for 2017. The WCIRB issued a report in September that …

Official Figure on Insured Losses for 2018 California Wildfires Reaches $9B

The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now. California Insurance Commissioner Dave Jones on Wednesday released official figures for losses from the Camp Fire in Northern California and the Woolsey …

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