Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
PG&E Gains on $13.5B Settlement With California Wildfire Victims
Dec 9 2019 // PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of wildfires ignited by its power lines, a step toward resolving the biggest utility bankruptcy in U.S....
$4M for California Woman Whose Car Plunged into Sinkhole
Dec 9 2019 // Los Angeles will pay $4 million to settle a lawsuit brought by a woman who was injured when her car plunged into a sinkhole nearly three years ago. The City Council agreed to the settlement on last week. Stephanie Scott...
Industry Representative Puts Fire Insurance Availability at Feet of Commissioner
Dec 6 2019 // California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new...
Trials Over Bayer’s Roundup Weedkiller Delayed for Mediation Talks
Dec 6 2019 // Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs. The German agriculture giant agreed to delay two trials that...
Hub Acquires Assets of California-Based Blair Jarcik Insurance Agency
Dec 5 2019 // Hub International Ltd. has acquired the assets of Novato, Calif.-based Blair Jarcik Insurance Agency Inc. Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, San...
Study: California Self-Insured Employers Save Over Traditional Workers’ Comp
Dec 5 2019 // A new study on California workers’ compensation shows the cost of self-insurance is 14% to 28% less than a traditional workers’ comp policy. It should be noted that the study was commissioned by the California...
California Commissioner Calls for Statewide Non-Renewal Moratorium, More Measures to Protect Wildfire Victims
Dec 5 2019 // California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies non-renewing policyholders, a move he says will help at least 800,000 homes in wildfire disaster...
PG&E Nearing $13.5B Deal With California Wildfire Victims
Dec 5 2019 // Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with...
United Valley Insurance Services Adds Lawrence Potter Agency in California
Dec 4 2019 // United Valley Insurance Services Inc. has added Lawrence Potter Insurance Agency in San Diego, Calif., as a member. Larry Potter, Managing Principal, is the sole proprietor owner of the retail agency. The agency focuses on...
Video Game Maker in California to Pay $10M in Gender Bias Case
Dec 4 2019 // The maker of popular video game League of Legends has agreed to pay $10 million to female employees to settle a broad gender discrimination case. Court documents show that Los Angeles-based Riot Games will pay about 1,000...
Report on California Workers’ Comp Looks at Medical Provider Fraud
Dec 4 2019 // The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated...
Under New State Laws, Catholic Church Could See New Wave of Abuse Suits
Dec 4 2019 // A wave of new laws in 15 states that allow people to make claims of sexual abuse going back decades could bring a deluge of lawsuits against the Roman Catholic Church that could surpass anything seen so far in its clergy...
Factors that Contribute to Prolonged Recovery after California Wildfires
Dec 4 2019 // This post is part of a series sponsored by CoreLogic. As strong winds further exasperate the prime weather conditions for wildfires in California, efforts to save lives and property are a foremost priority of emergency...
EPIC Names Marshall Principal in Northern California
Dec 4 2019 // EPIC Insurance Brokers and Consultants has named Sheryl Marshall as a principal within the firm’s moving & storage practice. Marshall will be based in Napa, Calif., and report to John Sames, senior vice...
Hub International Acquires HMBD Insurance Services in California
Dec 3 2019 // Hub International has acquired Long Beach, Calif.-based Hamman-Miller-Beauchamp-Deeble Inc. d/b/a HMBD Insurance Services. HMBD leadership Dan Roddy, President, and Vice Presidents Todd Miller, Travis England, Jay Semaan...
Probe Finds PG&E Failed to Inspect Transmission Lines That Caused 2018 Wildfire
Dec 3 2019 // Bankrupt California power producer PG&E Corp. did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has...
Vape Crisis Prompts Calls for Greater Clarity in Cannabis Regulation
Dec 3 2019 // Cannabis industry lawyers are calling for greater clarity around regulation of the cannabis industry. Panelists at the 2019 Professional Liability Underwriting Society (PLUS) Conference in Washington D.C. this month said...
Some Changes to California’s FAIR Plan Could Go into Effect Early Next Year
Dec 2 2019 // Note: This has been updated with FAIR Plan comments below. Changes to the insurance plan offered by California’s property insurer of last resort could possibly go into effect as early as the next few months – that...
PG&E Says Blackouts Limited California Fires Despite One Likely Failure
Dec 2 2019 // The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off power to Northern California customers during periods of high fire...
Beazley Names Karimali Executive Risk Underwriter in California
Dec 2 2019 // Beazley has named Rozina Karimali executive risk underwriter within the cyber and executive risk division. Karimali is based in San Francisco and will underwrite public directors and officers and large private D&O...
