Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Palomar Holdings in California Proposing Public Offering of Common Stock
Jun 24 2020 // La Jolla, Calif.-based Palomar Holdings Inc. announced the underwritten public offering of 1 million shares of the company’s common stock, par value $0.0001 per share, to fund growth. Palomar Holdings Inc. also...
Synagogue Shooting Victims Sue Smith & Wesson for Negligence
Jun 24 2020 // Firearms manufacturer Smith & Wesson Brands Inc. negligently marketed the AR-15 style semiautomatic rifle that was used in a 2019 mass shooting at a California synagogue, victims and survivors claim in a lawsuit. The...
California Workers’ Comp Classification Inspection Report Expanded for Agents
Jun 23 2020 // The Workers’ Compensation Insurance Rating Bureau of California is expanding its Special Inspection Report program to allow agents and brokers to request a WCIRB physical inspection of their clients’ California...
Cannery Workers in California Forced Into Hotel Quarantine Without Pay, Lawsuit Says
Jun 23 2020 // About 150 seasonal workers hired by a salmon cannery in Alaska are being forced to quarantine without pay at a hotel in Los Angeles after three of them tested positive for the coronavirus, a lawsuit claims. The workers,...
Disneyland Workers in California Say Proposed July Reopening May Be Too Early
Jun 23 2020 // Unions representing 17,000 workers at Walt Disney Co.’s Disneyland Resort in California have told the state’s governor they are not convinced the theme park will be safe enough to reopen by the company’s...
Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks
Jun 23 2020 // In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of...
U.S. Court Nixes Cancer Warning on Bayer’s Roundup Weed Killer
Jun 23 2020 // A U.S. federal appeals court on Monday blocked California from requiring that Bayer AG label its glyphosate-based weed killer Roundup with a cancer warning, handing the company a victory in its ongoing litigation over the...
Worldwide Facilities in California Names Perilman Senior Executive Vice President
Jun 22 2020 // Los Angeles, Calif.-based Worldwide Facilities has named Brad Perilman a senior executive vice president for mergers & acquisitions. Perilman will lead Worldwide Facilities’ M&A activities. His...
Bankruptcy Court Approves PG&E’s Chapter 11 Reorganization Plan
Jun 22 2020 // PG&E Corp. said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer to emerging from...
GeoVera in California Names Forney Chief Executive Officer
Jun 19 2020 // Fairfield, Calif.-based GeoVera Insurance Holdings Ltd. has named John L. Forney CEO and member of the board of directors. The move is effective July 1. Forney succeeds Kevin Nish, who has served as GeoVera’s...
Southern California Edison Sued Over Oktoberfest Explosions
Jun 19 2020 // A Southern California restaurant owner who was among five injured when an underground transformer exploded during an Oktoberfest celebration last year is suing Southern California Edison. Flames shot into the sky from the...
Judge Halts Limit on California Governor’s Emergency Powers
Jun 19 2020 // An appellate judge on Wednesday stayed a lower court’s order barring Gov. Gavin Newsom from issuing directives that might conflict with state law, freeing him to take additional executive actions during the...
California Appoints Curriculum and Insurance Guarantee Board Members
Jun 18 2020 // California Insurance Commissioner Ricardo Lara announced the newest members of the California Department of Insurance’s Curriculum Board and the California Insurance Guarantee Association’s Board of...
Backers of Controversial California Homeowners Insurance Bill Like Its Momentum, Timing
Jun 17 2020 // Backers of a controversial bill in California, which they say is designed to increase insurance coverage in high-risk wildfire areas by amending Proposition 103, believe it has the right timing and plenty of momentum to go...
California Orders Workers’ Comp Carriers to Return Premiums Due to Stay-At-Home Orders
Jun 17 2020 // California Insurance Commissioner Ricardo Lara today issued an order adopting emergency workers’ compensation regulations in response to the COVID-19 pandemic. The new regulations go into effect on July 1. The...
PG&E Will Plead Guilty to Deaths From California Wildfire
Jun 17 2020 // Pacific Gas & Electric is expected to plead guilty to 84 felony counts of involuntary manslaughter during a court hearing in which the nation’s largest utility will be confronted with its history of neglect and...
The Liberty Company Insurance Brokers Adds Ausec in California
Jun 17 2020 // The Liberty Company Insurance Brokers has added Jamie Ausec to the Irvine, Calif. Ausec specializes in employee benefits. She started her career in insurance 16 years ago and has worked at ADP, Alliant, and most recently...
California Workers’ Comp Direct Written Premium Continued to Fall Last Year, Report Shows
Jun 16 2020 // California workers’ compensation total direct written premium continued to decline in 2019, falling 7.0% to a five-year low of $11.42 billion, as nine out of the state’s 10 largest insurer groups wrote less...
California Has Now Recorded More Than 5,000 COVID-19 Deaths
Jun 16 2020 // California has recorded more than 5,000 COVID-19 deaths as cases continue to climb in several parts of the state. The state Department of Public Health reported 148,855 confirmed cases of the coronavirus and 5,063 deaths...
Genstar Capital Exits Remaining Stake in Palomar in California
Jun 15 2020 // Genstar Capital announced on Monday it has exited its remaining stake in specialty property insurer Palomar Holdings Inc. in La Jolla, Calif. Genstar in 2014 partnered with current CEO Mac Armstrong to form Palomar, a new...
