The first trial to determine if Edison International’s Southern California utility is liable for damages from the Woolsey wildfire that tore through Malibu last year will begin on April 27, a judge said. California Superior Court Judge William Highberger set …
S&P Global Ratings says 2020 reinsurance pricing in the aftermath of California wildfires will likely rise as re/insurers are finding 2017-2018 losses from wildfires in that state to be higher than expected. The California wildfires of 2017-2018, with insured losses …
One of 86 people who were killed in the deadliest wildfire in California history has been identified. The Butte County Sheriff’s office said on Friday it positively identified the remains of 68-year-old Judith Sipher of Paradise. That brings the total …
California regulators say a ruling by the state’s highest court means a $27.6 million fine imposed against Mercury Insurance Co. for improperly tacking fees onto auto insurance policies will stand. The California Department of Insurance reported on Aug. 15 that …
PG&E Corp.’s court-appointed compliance monitor concluded the utility isn’t trimming trees that pose wildfire threats in high-risk areas of California and didn’t train its contractors properly. The monitor, Mark Filip, on Wednesday wrote to U.S. District Judge William Alsup, saying …
Irvine, Calif.-based ATTOM Data Solutions has named Martha Notaras to its board of directors. Notaras is a partner at venture capital fund, XL Innovate, investing in insurtech and fintech. She serves on the boards of four of XL Innovate’s portfolio …
An Alaska credit union plans to discontinue a pilot program to provide checking and savings accounts to marijuana-related businesses, an official said. Credit Union 1 will end the program Aug. 30 because critical insurance coverage will no longer be available, …
After briefly faltering a year ago, California’s massive cannabis industry seems to be regaining steam. Cannabis sales in the Golden State are expected to reach nearly $3.1 billion this year, a report released today shows. The report, California: Lessons from …
Arch Specialty Insurance Co. is arguing in a recently filed a lawsuit that it shouldn’t have to cover the University of Southern California’s $215 million settlement in a case in which the school’s gynecologist was accused of sexual assault because …
Alera Group has acquired Benefit Commerce Group in Scottsdale, Ariz. All Benefit Commerce Group employees will continue operating out of the firm’s existing locations under the name Benefit Commerce Group, an Alera Group Company, LLC. Terms of the deal were …
