Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Magnitude 5.3 Confirmed in Southern California
Jun 7 2021 // A moderate earthquake struck near the Salton Sea in Southern California on Saturday but there were no immediate reports of injuries or serious damage, the U.S. Geological Survey confirmed. The magnitude 5.3 earthquake was...
California’s Harsh EPLI Landscape Made Worse by COVID
Jun 7 2021 // It’s common knowledge that the employee practices liability insurance arena nationwide has been unfriendly to buyers. Earlier this year, a survey of 20 EPLI carriers showed 15 reported rate increases for the line...
Top California EPLI Settlements
Jun 7 2021 // A Kaufman Borgeest & Ryan report lists the top EPLI settlements from 2015 to 2020, with four of the top 10 occurring in California: The $215 million University of Southern California settlement in 2018 with potentially...
Vaccinated California Workers May Have to Keep Masks on
Jun 4 2021 // California is set to fully reopen in less than two weeks and do away with virtually all mask and social distancing requirements for vaccinated people. But officials who regulate workplaces in the state aren’t ready...
California City Paying $900K to Elderly Woman in Crash with Fire Engine
Jun 3 2021 // San Diego, Calif., will pay $900,000 to an 82-year-old woman whose foot and ankle were crushed when her car collided with a city fire engine that sped through a red light while heading to an emergency in 2018, a newspaper...
People Moves: Lockton Pacific Adds Shak in California, CAC Names Bonfiglio Senior Vice President
Jun 3 2021 // Lockton Pacific has added Katie Shak as producer to grow its commercial insurance presence in San Diego, Calif. Shak will partner with clients to provide advice on managing risk. Shak was previously a risk consultant for...
People Moves: CompWest Names Mohammed Regional Manager, Monarch in California Adds Newsome
Jun 2 2021 // CompWest Insurance has named Ibraheem Mohammed regional manager of business development. Mohammed will be responsible for CompWest’s large account business development, focusing on accounts with annual premiums over...
CWCI: California Workers’ Comp Direct Written Premium Fell 11.4% in 2020
May 28 2021 // Total direct written premium in the California workers’ compensation system fell by 11.4% in 2020, dropping to an eight-year low driven by the ongoing decline in insurers’ average charged rates and relatively...
PG&E to Pay $150M for Botched Outages, California Wildfires
May 28 2021 // Pacific Gas & Electric is getting hit with a nearly $150 million bill for neglect that caused Northern California wildfires during the past two years and mismanagement of blackouts designed to prevent the...
PG&E to Pay $43.4M in 3 California Counties Burned by Fraying Grid
May 27 2021 // Pacific Gas & Electric will pay $43.4 million to government agencies in three Northern California counties to cover bills left behind from wildfires ignited during the past two years by the beleaguered utility’s...
AM Best Revises Outlooks to Positive for Anchor General in California
May 27 2021 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of “bb+” (Fair) of Anchor General Insurance Co. in San...
People Moves: Island Insurance Names Kuioka COO, The Liberty Company Insurance Brokers Adds Newman in California
May 27 2021 // Island Insurance Co. has promoted Scott Kuioka to senior vice president and chief operating officer. Kuioka will continue to serve as chief investment officer and chief risk officer, and oversee the commercial lines-large...
The Liberty Company Acquires Assets of Gray-Stone & Co. in California
May 26 2021 // The Liberty Company Insurance Brokers has acquired the assets of Thousand Oaks, Calif.-based Gray-Stone & Co. Terms of the deal were not disclosed. Gray-Stone has both a wholesale and retail component, and the firm...
California Seeing More Wildfires as Drought Intensifies
May 26 2021 // As California sinks deeper into drought it already has had more than 900 additional wildfires than at this point in 2020, which was a record-breaking year that saw more than 4% of the state’s land scorched by...
California Aiming to Ease Virus Rules for Workers in Mid-June
May 25 2021 // California workforce regulators will aim for a mid-June easing of workplace mask and social distancing requirements to conform with a broader state order, postponing a vote on whether to revise coronavirus safety rules for...
California’s Harsh EPLI Landscape Made Worse by COVID
May 24 2021 // It’s common knowledge that the employee practices liability insurance arena nationwide has been unfriendly to buyers. Earlier this year, a survey of 20 EPLI carriers showed 15 reported rate increases for the line...
AM Best Revises Outlook to Stable for Topa in California
May 21 2021 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Topa Insurance Co. in...
California Restaurants Expect Rebound That Will Take Years
May 20 2021 // Nearly a third of California’s restaurants permanently closed and two-thirds of workers at least temporarily lost their jobs as the pandemic set in more than a year ago and Gov. Gavin Newsom imposed the...
People Moves: CAC Specialty in Colorado Adds Lynch, Lockton Pacific Adds Lupe in California
May 20 2021 // CAC Specialty in Colorado has named Erin Lynch president of its natural resources division and co-leader of its power, utility and renewables vertical. Lynch most recently led the global energy practice at Beecher Carlson...
Severe Water Crisis on Oregon-California Border to Impact Agriculture
May 19 2021 // The water crisis along the California-Oregon border went from dire to catastrophic this week as federal regulators shut off irrigation water to farmers from a critical reservoir and said they would not send extra water to...
