West News

California FAIR Plan Stabilization Act Moving Through Legislature

A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0. Related: California OKs …

Las Vegas Telsa Arson Suspect to Remain Jailed Until Trial

A man accused of setting fire to Tesla vehicles in Las Vegas will remain jailed until his trial on federal charges of arson and possessing an explosive device, a judge ruled Monday. U.S. Magistrate Judge Elayna Youchah concluded no pretrial …

Getty Museum to Sell $500 Million of Debt for Fire Protection

One of California’s most famed art institutions, the Getty, is turning to the bond market for $500 million to help preserve its masterpieces as the state prepares for another fire-prone summer. The J. Paul Getty Trust is expected to sell …

Viewpoint: Smoke Damage from LA Wildfires Leaves Questions to Be Answered

The question has come up wondering if smoke damage is covered for those homes that were impacted by the Los Angeles wildfires but were not damaged by the actual fires. A cloud of smoke from a fire is larger than …

California’s Snowpack Data Likely Signals Another Fire-Prone Summer

California is emerging from its wettest time of the year with new fire and drought risks. The state is scheduled to measure the snowpack amassed over winter on Tuesday — April 1 is the typical peak point before springtime melting. …

California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections

A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires insurers to provide a notice to homeowners at least 30 …

Vegas Casino Fined $10.5M in Case With Ties to Bookmaker of Ohtani Interpreter

Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip over allegations of illegal gambling, many of which centered on a bookmaker with ties to the interpreter for baseball star Shohei …

California OKs Increase in FAIR Plan Commercial Property Coverage Limits

California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous Zones The approval increases the FAIR Plan’s Division I Commercial …

Department of Labor Award Continues Disaster-Relief Jobs for Maui Wildfires

The U.S. Department of Labor is awarding $2.5 million to Hawaii to continue employment and training services and support disaster-relief jobs for people in communities affected by the wildfires that swept across the island of Maui on Aug. 8, 2023. …

People Moves: Aspire Promotes New Leadership; Venbrook Names Hicks Transportation Practice Lead

Aspire Promotes Nicholson, Storms and Storms to New Leadership Roles Aspire General Insurance promoted Tyler Nicholson to the newly created role of chief revenue and distribution officer. Nicholson has more than 20 years of industry experience, joining Aspire in 2016 …

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