West News

California Workers’ Comp Bureau Submits Lower 2020 Pure Premium Rate Filing

The Workers’ Compensation Insurance Rating Bureau of California on Tuesday submitted its Jan. 1, 2020, pure premium rate filing to the California Department of Insurance, proposing advisory pure premium rates that are an average of 5.4% less than the current …

PG&E Will Face Jury Over Billions in Damages from Massive California Wildfire

Victims of the second-most destructive fire in California history will get a chance to try and persuade a jury that PG&E Corp. should pay them as much as $18 billion in damages. U.S. Bankruptcy Judge Dennis Montali on Friday lifted …

CopperPoint in Arizona Names Fuchs Senior Vice President of Data Management

Phoenix, Ariz.-based CopperPoint Insurance Cos. has named Barb Fuchs senior vice president of data management. Fuchs will serve as the business lead for CopperPoint’s enterprise data warehouse program. She was most recently vice president of information management and analytics at …

Blank Rome Adds Calkins, Rylaarsdam and Edri in California

Blank Rome LLP has added Mary Craig Calkins, a partner, Daniel H. Rylaarsdam, of counsel, and Sarah L. Edri as an associate along with additional professional staff to the firm’s insurance recovery group. Calkins, Rylaarsdam and Edri are based in …

IICF Awards $50K Grant to California Fire Foundation for Victims

The Insurance Industry Charitable Foundation’s Western Division presented a $50,000 grant to the California Fire Foundation’s Supplying Aid to Victims of Emergency program on Aug. 16. The grant is to support Californians in need in the immediate aftermath of natural …

Abry Partners Agrees to Acquire Portfolio in California from Capital Z

Abry Partners has agreed to acquire Lake Forest, Calif.-based Portfolio Holding Inc. from Capital Z Partners LP. The deal is subject to normal and customary closing conditions. Terms were not disclosed. All of Portfolio’s current management team will remain in …

PG&E Shares Dive on Risk of up to $18B in Wildfire Lawsuit Costs

PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at 9:35 …

Court Says PG&E Has Sole Right to Submit Bankruptcy Plan

A federal judge has allowed PG&E Corp. to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing plans, according to court documents. Judge Dennis Montali of the U.S. …

Airbnb Settles Racial Discrimination Suit Brought by Oregon Women

Airbnb has settled a lawsuit brought by several Oregon women who said the site allowed vacation rental owners to discriminate against customers based on race. The Oregonian/OregonLive reports African American plaintiffs Pat Harrington, Carlotta Franklin and Ebony Price alleged that …

Phoenix Fire Engine Crash Brings $25M Wrongful Death Claim

The mother of a woman killed in a crash involving a Phoenix Fire Department truck has filed a $25 million wrongful death claim against the city. The claim alleges negligence by the firefighters operating the truck and their supervisors. Killed …

West News Archives by Month