Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Couple Charged with Underreporting $4M in Employee Payroll
Jul 26 2023 // Brian Hill, 64, and Leslie Hill, 68, a husband and wife from Bakersfield, California, were charged with multiple felony counts of insurance fraud and conspiracy after a California Department of Insurance investigation...
Markets/Coverages: New Lloyd’s Syndicate Provides E&S Cover for Calif. Wildfire Risks
Jul 26 2023 // Wildfire Defense Systems Inc., Polo Managing Agency Ltd. (PMA) and Aon, announced Lloyd’s has approved the launch of Wildfire Defense Syndicate 1996, which started underwriting on July 1, 2023. Created under...
Report: California Workers’ Comp Premium Levels on the Rise
Jul 25 2023 // California workers’ compensation premium levels rose by 14% in 2022 due to the economic recovery from the pandemic-related downturn, according to the new Workers’ Compensation Insurance Rating Bureau of...
A First Look at How U.S. Insurers Are Adopting Global Climate Reporting Guidelines
Jul 25 2023 // U.S. insurers are adopting numerous strategies to deal with risks from climate change, according to a review out today that gives the first look at how or if insurance companies are adopting the widely used Task Force for...
Barring Change, Allstate May Exit California Property Market Completely
Jul 25 2023 // The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took the opportunity to air concerns about other...
Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia
Jul 24 2023 // About the same time that it announced a major pull-back from the Florida and California markets, Farmers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, the carrier appears to...
Direct Connection in California Acquires Education Provider FastrackCE
Jul 21 2023 // Direct Connection Advertising & Marketing in California acquired FastrackCE, a state-approved provider insurance continuing education courses. With the acquisition, Direct Connection will now service existing and...
Audit: California State University Campuses Mishandled Sexual Harassment Allegations
Jul 20 2023 // A flawed policy at California State University, the largest higher education system in the country, contributed to the closure of nearly a dozen sexual harassment cases without thorough explanation, according to a state...
Containment of Massive Southern California Wildfire Grows
Jul 19 2023 // Fire crews built containment lines and patrolled for hot spots throughout the day on Wednesday to continue to keep a massive Southern California wildfire from growing. Containment on the Rabbit Fire grew to 55% with...
Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires
Jul 19 2023 // Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and equipment blamed for igniting the blazes. But a jury...
US Auto Safety Regulators Open Special Probe Into Fatal Tesla Crash
Jul 19 2023 // U.S. auto safety regulators are opening a special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 suspected of relying on advanced driver assistance systems, the government agency...
J&J Must Pay $18.8M to California Cancer Patient in Baby Powder Suit
Jul 19 2023 // Johnson & Johnson’s must pay $18.8 million to a California man who said he developed cancer from exposure to its baby powder, a jury decided on Tuesday, a setback for the company as it seeks to settle thousands...
ALKEME Acquires Paul Kinan Insurance Group in California
Jul 19 2023 // ALKEME acquired the Paul Kinan Insurance Group in Placentia, California. Paul Kinan Insurance group provides a variety of property/casualty insurance services to individuals, families and businesses. ALKEME is based in...
Firefighters Make Gains on Southern California Wildfire
Jul 17 2023 // Firefighters gained ground Monday against a large wildfire and three smaller blazes in the torrid interior of Southern California. The Rabbit Fire grew slightly overnight to more than 12 square miles but containment jumped...
Former California Agent Sentenced for Stealing From Consumers
Jul 17 2023 // Christopher Ramos, 45, of Santa Rosa, California, was sentenced to four years in prison after an investigation by the California Department of Insurance reportedly found he stole more than $189,000 from consumers and left...
People & Places
Jul 17 2023 // National Guy Carpenter, the reinsurance business of Marsh McLennan, announced the expansion of its Cyber team with a series of appointments and promotions. Matthew McCabe has been appointed managing director of cyber...
California Sits Far Atop National EV Policy Scorecard List
Jul 17 2023 // California ranked first in strengthening policies to enable widespread use of electric cars, trucks, and buses, according to a national scorecard that gives most states poor grades. The 2023 State Transportation...
California Workers’ Comp Insurer Combined Losses and Expenses in 2022 Were $15B
Jul 17 2023 // The Workers’ Compensation Insurance Rating Bureau of California released its report on workers’ compensation losses and expenses for 2022. Key findings in the report include: Medical losses paid in 2022 were...
Push to Lower Wildfire Risk Across West Stumbles in Places
Jul 17 2023 // Using chainsaws, heavy machinery and controlled burns, the Biden administration is trying to turn the tide on worsening wildfires in the U.S. West through a multi-billion dollar cleanup of forests choked with dead trees...
Heat Wave Baking Southwest Brings Triple Digit Temperatures and Fire Risk to California
Jul 14 2023 // After a historically wet winter and a cloudy spring, California`s summer was in full swing Thursday as a heat wave that`s been scorching much of the U.S. Southwest brings triple digit temperatures and an increased risk of...
