Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Pension Trustees Seek Corporate Disclosure of Sexual Harassment Costs, Policies
Jan 15 2019 // A group of trustees from some of America’s biggest public pensions are calling on companies to detail costs related to sexual harassment and any measures they’re taking to address the problem. “We...
Cavignac & Associates in California Names Goucher Commercial Account Manager
Jan 14 2019 // San Diego, Calif.-based Cavignac & Associates has named Brandon Goucher an account manager within the firm’s commercial department. Goucher is the primary contact at the agency for his assigned clients, charged...
California Comp Insurers Won’t See Insurance Guarantee Assessment, a First in 20 Years
Jan 14 2019 // California worker’s compensation insurers and their customers are getting a bit of a break this year. The California Insurance Guarantee Association won’t be collecting its annual assessment on 2019...
Woodruff Sawyer in California Names Overbay COO, Allen Chief Revenue Officer
Jan 14 2019 // San Francisco, Calif.-based Woodruff Sawyer has promoted Zac Overbay to the position of chief operating officer, and Norman Allen has been named chief revenue officer. As COO, Overbay will direct the firm’s...
‘Goat Fund Me’ Campaign Launched by California Town to Prevent Wildfires
Jan 14 2019 // The threat of catastrophic wildfires has driven a California town to launch a “Goat Fund Me” campaign to bring herds of goats to city-owned land to help clear brush. Nevada City in the Sierra Nevada began the...
PG&E Bankruptcy Looms With $30B in Potential Liabilities from California Wildfires; CEO to Exit
Jan 14 2019 // PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief...
Trump, California in Battle Over Wildfire Relief Funds
Jan 11 2019 // President Donald Trump threatened this week to withhold money to help California cope with wildfires after Gov. Gavin Newsom asked him to double the federal investment in forest management. Trump again suggested poor...
Alphabet Directors Sued Over Exit Pay, Coverups Tied to Harassment Allegations
Jan 11 2019 // Alphabet Inc.’s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct and similar...
Judge Wants PG&E Power Restrictions for Next California Wildfire Season
Jan 10 2019 // A U.S. judge has proposed restricting utility PG&E Corp from using power lines deemed to be unsafe during high winds in the 2019 California fire season, adding another complication for the California utility as it...
California Governor Proposes $150M in Wildfire Investments, 911 Fee
Jan 10 2019 // California Gov. Gavin Newsom has pledged fresh investments to prevent, fight and escape wildfires, including millions to help local governments improve their communication during emergencies and a fee to fund an update for...
California Could Require Businesses to Offer E-Receipts Under New Bill
Jan 10 2019 // California would become the first state to require businesses to offer electronic receipts unless customers ask for paper copies under legislation proposed this week. Many businesses and consumers already are moving toward...
Alliant in California Names Baumann General Counsel and Corporate Secretary
Jan 10 2019 // Newport Beach, Calif.-based Alliant Insurance Services Inc. has named Jennifer Baumann general counsel and corporate secretary. Baumann takes the reigns of the firm’s national legal strategy following a decade-long...
Cavignac & Associates in California Names Kienke Commercial Account Administrator
Jan 9 2019 // San Diego, Calif.-based Cavignac & Associates has named Carlota Kienke a commercial account administrator. Kienke provides support and assistance to team members within the agency’s commercial department, She is...
Wildfires, Dynamex Dominate California Wholesaler Conference
Jan 8 2019 // Wildfires and the Dynamex decision. Those two topics dominated discussions at an insurance wholesaler conference this week. The California Wholesaler Association conference in La Jolla, Calif. from Sunday through today...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re
Jan 8 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last...
California Prohibits Auto Insurers From Considering Gender When Setting Prices
Jan 8 2019 // Consumer groups applauded the outgoing California insurance commissioner for adopting regulations to prohibit gender use in auto insurance pricing in California. Outgoing California Insurance Commissioner Dave Jones issued...
Allstate, State Farm, USAA Sue California Utility Over Wildfires
Jan 8 2019 // Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims. The lawsuits filed...
California Governor Signs Order to Tackle Drug Prices in First Act
Jan 8 2019 // Hours into his new job, California Gov. Gavin Newsom signed an executive order on Monday that could dramatically reshape the way prescription drugs are paid for and acquired in the most populous U.S. state. The order,...
New California Commissioner to Confront Climate-Fueled Fires, Expand Healthcare
Jan 8 2019 // As Ricardo Lara took office as California Insurance Commissioner at a ceremony in Sacramento on Monday, he pledged to help residents recover from wildfires while defeating the threat of climate change. Lara, the eighth...
California Utility’s Bankruptcy Talk Sets Stage for Showdown with State
Jan 7 2019 // In weighing a bankruptcy, power giant PG&E Corp. may be firing a warning shot to California lawmakers: Help us or watch the largest utility in your state go insolvent. The company is considering whether to file for...
