Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals
Dec 18 2023 // The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the three states that the carrier considered exiting in the absence of approvals, the...
Cannabis Insurance Specialists See Optimism in 2024 Data, Planning for Growth and More Capacity
Dec 15 2023 // From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the...
Tesla Autopilot Recall Threatens Its Defense in Lawsuits Over Crashes
Dec 15 2023 // Tesla Inc.’s biggest vehicle recall ever threatens to hurt the company’s defense in several high-profile lawsuits it faces over crashes linked to Autopilot. The automaker’s recall of 2 million cars comes...
People Moves: Woodruff Sawyer in California Names Parsons National Private Equity & Venture Capital Group Leader
Dec 15 2023 // Woodruff Sawyer named Luke Parsons the firm’s national private equity and venture capital practice group leader. Parsons was previously senior vice president of Woodruff Sawyer’s private equity and due...
California Workers’ Comp Public Self-Insured Claim Volume, Total Paid and Incurred Losses Fall
Dec 14 2023 // Initial data on fiscal year 2022/23 public self-insured claims experience in the California workers’ compensation system show that public self-insured’s total claim volume, spurred by a sharp drop in indemnity...
Football Player Araiza Dropped From California Rape Lawsuit
Dec 14 2023 // Former Buffalo Bills punter Matt Araiza is being dropped from a lawsuit filed by a woman who alleged she was raped by San Diego State University football players in 2021, it was announced. The woman agreed to dismiss...
California Labor Commissioner Fines Contractor $1.1M for 74 Workers
Dec 14 2023 // The California Labor Commissioner’s Office collected $1.1 million in wages and penalties resulting from a prevailing wage assessment against general contractor Stronghold Engineering and its subcontractor, Perry...
Ex-First Republic Engineer in California Gets Prison for Cloud Hack
Dec 12 2023 // A former First Republic Bank cloud engineer in San Francisco was sentenced to two years in prison for vandalizing the company’s computer network after he was fired in 2020. Miklos Daniel Brody logged into the...
California Faces Record $68B Budget Deficit, Legislative Analyst Says
Dec 12 2023 // California is facing a record $68 billion budget deficit, state officials announced, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile. The nation`s most...
Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers
Dec 8 2023 // Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push for rate in 2024 will set the stage for more faceoffs between regulators and...
California Labor Commissioner’s Office Reaches $5.5M Wage Theft Settlement
Dec 7 2023 // The California Labor Commissioner’s Office reached a $5.5 million settlement against Adat Shalom Board and Care Inc. to compensate 148 workers who worked at the employer’s six adult care facilities in Los...
People Moves: kWh Analytics in California Names McLean Chief Underwriting Officer
Dec 6 2023 // kWh Analytics, headquartered in San Francisco, Calif., named Isaac McLean as the company’s chief underwriting officer. McLean has more than 18 years of insurance experience, previously serving as head of property...
California Cities and Farms to Get 10% of Requested State Water Supplies When 2024 Starts
Dec 5 2023 // California water agencies serving 27 million people will get 10% of the water they requested from state supplies to start 2024 due to a relatively dry fall, even though the state’s reservoirs are in good shape, state...
California Data Shows Nearly 1-in-5 Patients Listed as Alive in Electronic Records Were Actually Deceased
Dec 4 2023 // About 20 % of patients whose medical records showed them as being alive with a serious illness were in fact deceased according to California data, leading to hundreds of unnecessary interactions such as appointment...
California Commercial Fishing Groups Sue Tire Makers Over Rubber Preservative
Dec 4 2023 // The 13 largest U.S. tire manufacturers are facing a lawsuit from a pair of California commercial fishing organizations that could force the companies to stop using a chemical added to almost every tire because it kills...
5 Worthy New Year’s Resolutions
Dec 4 2023 // I conceive that the great part of the miseries of mankind are brought upon them by false estimates they made of the value of things.” – Benjamin Franklin Last year, I participated in a panel discussion on...
Industry Trends to Exploit for 2024
Dec 4 2023 // Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should be tracking for 2024. 1. Insurtech Several trends are emerging in the insurtech...
Internet Research Shows Californians May Add to Risk of Fire Hazards
Nov 30 2023 // By most measures, California usually tops the list of the states most at risk of fires, but a new report shows the state’s residents and their desires to stay warm in chillier months may be making the state even...
People Moves: Alliant in California Names Khalaf SVP
Nov 29 2023 // Alliant Insurance Services, headquartered in Irvine, Calif., hired Martin Khalaf as senior vice president within its Alliant Americas division. Khalaf is based in San Diego, Calif. Before joining Alliant, Khalaf was senior...
Jewish Groups Sue UC Berkeley Over ‘Unchecked’ Antisemitism
Nov 28 2023 // The University of California, Berkeley was sued on Tuesday by Jewish groups who said it has become a hotbed of “unchecked” antisemitism, including at its elite law school. According to a complaint by the...
