Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Building of $7B Legal Pot Economy Underway in California
Jan 31 2017 // The future of California’s legal marijuana industry is being shaped in a warren of cubicles tucked inside a retired basketball arena, where a garden of paper cannabis leaves sprouts on file cabinets and a burlap sack...
California Surplus Lines Are Now A Bigger Chunk of the Commercial Market
Jan 27 2017 // The phrase “new normal” might be a cliché, but it was too hard for Ben McKay, executive director of the Surplus Lines Association of California, to avoid using when describing the state’s excess and...
Beazley Adds Life Sciences Underwriter Amis in California
Jan 27 2017 // Beazley has hired life sciences underwriter Marc Amis in its San Francisco, Calif. office. Amis comes from Chubb, where he was a senior life sciences underwriter for the Western region. He was previously a regional...
California Jury Awards $1.25M in School Bathroom Break Suit
Jan 27 2017 // A jury has awarded $1.25 million to a former San Diego, Calif. high schooler who was denied a bathroom break and forced to urinate in a bucket. The girl, then 14, used the bucket in a Patrick Henry High School supply room...
CSAA Insurance Group in California Names Yoo Claims Executive
Jan 27 2017 // Walnut Creek, Calif. CSAA Insurance Group, a AAA Insurer, has named Kevin Yoo as the company’s new claims executive. Yoo will lead the claims organization, including four claims operations centers across the country,...
California Judge Denies State Farm’s Request to Delay Rate Reduction Order
Jan 27 2017 // Superior Court Judge Katherine Bacal has denied State Farm’s request for a temporary restraining order in an attempt to delay California Insurance Commissioner Dave Jones’ enforcement of his order directing the...
California Homeowner Registration Starts for 2017 Brace + Bolt Program
Jan 26 2017 // The 2017 Earthquake Brace + Bolt program opened registration this week for $6 million in grants for seismic retrofits. This represents a 25 percent increase in funding over last year to help California homeowners protect...
California-Based Sierra Nevada Issues 36-State Recall of Select Beers
Jan 25 2017 // California-based Sierra Nevada Brewing Co. announced a recall on Jan. 22 of certain 12-ounce bottles of its pale ales, IPA’s and other beers after detecting a packaging flaw that could cause a piece of glass to break...
California Insurance Commissioner Prevails in Insurance Industry’s Legal Challenge
Jan 24 2017 // In a 7-0 decision, the California Supreme Court has affirmed the authority of Insurance Commissioner Dave Jones in a legal challenge brought by the insurance industry, the California Department of Insurance...
Intense Storms, Flooding Wallop California
Jan 24 2017 // The tail end of a punishing winter storm system lashed California with thunderstorms and severe winds Monday after breaking rainfall records, washing out roads and whipping up enormous waves. At least four people died and...
Texas Stamping Office: Upward Trend Continues for Surplus Lines
Jan 24 2017 // Overall, 2016 ended on a positive note for the U.S. excess and surplus lines insurance industry, according to the Surplus Lines Stamping Office of Texas (SLTX). Nationally, nearly $26 billion in surplus lines insurance...
Dennis Joins EPIC Insurance in Southern California
Jan 24 2017 // EPIC Insurance Brokers and Consultants has hired Duane Dennis as a senior consultant and principal in the firm’s Southern California Employee Benefits Consulting Practice. Dennis will be responsible for business...
New CA Workers’ Compensation Laws 2017 Workshop
Jan 23 2017 // Santa Ana, CA, January 23, 2017- Registration for the Insurance Educational Association’s annual 3-hour seminar on the new workers’ compensation laws of California is now available on its website with seminars...
Declarations
Jan 23 2017 // Setting the Tone “New York, like California, Illinois, Delaware and a few other states often sets the tone for development of regulation and law. There is no reason other states won’t follow suit, especially in...
California Workers’ Comp Sees Sharp Increase in ALAE Costs, Report Shows
Jan 23 2017 // Allocated loss adjustment expense costs have increased sharply over the last several years despite implementation of many of the components of a workers’ compensation reform law intended to reduce total loss...
People
Jan 23 2017 // Ryan Specialty Group LLC has named Charlie Rosson senior vice president. Rosson is based in San Francisco, Calif. He will work to develop RSG penetration with brokers on a national basis. He has 23 years of experience in...
California Court Orders Hot Yoga Guru to Cough up Dough to Pay Suit
Jan 23 2017 // The founder of Bikram yoga has been ordered to turn over the proceeds from his global fitness business to go toward a $6.8 million judgment his former legal adviser won against him last year in a sexual harassment and...
Lower Bay Area Workers’ Comp Claims Costs: California Report
Jan 23 2017 // A new report shows that San Francisco Bay Area residents account for 17.5 percent of California job injury claims but only 15 percent of claim costs. The report by the California Workers’ Compensation Institute...
California Woman Slaps Chipotle With $2.2B Suit over Privacy Violation
Jan 23 2017 // A California woman has filed a lawsuit against Chipotle alleging the Denver-based company used a photo of her without her consent for commercial gain. Sacramento resident Leah Caldwell is seeking more than $2 billion in...
California Wholesalers Conference Tackled Everything from Marijuana to Trump
Jan 23 2017 // How legalized marijuana and President-elect Donald Trump will affect the insurance industry. A possible merger of the nation’s two major excess and surplus lines organizations. Renewing the National Flood Insurance...
