Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Inszone Insurance Acquires Global Pro Insurance Services in California
Mar 18 2020 // Inszone Insurance Services has acquired Global Pro Insurance Services in Pleasanton, Calif. Terms of the deal were not disclosed. Global Pro provides property/casualty insurance services to individual and businesses...
Report: Testers in California Logged 2.8M Autonomous Miles Last Year
Mar 17 2020 // Each year technology’s promise of having autonomous vehicles ruling the roads seems to be a bit more fleeting, or at least a bit further off, but that hasn’t stalled the efforts of would-be makers of...
Integrated Specialty Coverages Acquires Access Partners in California
Mar 17 2020 // Integrated Specialty Coverages has acquired Sacramento, Calif.-based Access Partners Insurance Services LLC. Terms of the deal were not disclosed. ISC is a technology-enabled General Agency backed by affiliates of Two...
Insurance Office of America Adds Paul to Entertainment Division in California
Mar 17 2020 // Insurance Office of America has added Keith Paul to its entertainment division as a risk management consultant. Paul will be based in the Encino, Calif. office. Before joining IOA, he was a client executive at NFP in its...
PG&E Approved by Judge for $23B Bankruptcy Financing Package
Mar 16 2020 // Power producer PG&E Corp. said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Gov. Gavin Newsom dropped his opposition to those financing commitments. The U.S....
Pipeline Owner Agrees to Pay $60M in 2015 California Spill
Mar 16 2020 // The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 will pay $60 million to to settle allegations that it violated safety laws, the U.S. Environmental...
Arthur J. Gallagher Acquires McConnell, Manit & Trout in California
Mar 16 2020 // Arthur J. Gallagher & Co. has acquired McConnell, Manit & Trout Insurance Services LLC in San Louis, Obispo, Calif. Terms of the deal were not disclosed. Rick McConnell, Mike Manit, Doug Trout and their associates...
California City is Paying $42.6 M to Settle Sex Abuse Claims
Mar 13 2020 // Santa Monica will pay $42.6 million to nearly two dozen victims of a city employee and former youth volunteer who killed himself after being charged with molestation, according to a newspaper report. The City Council on...
California Employees Who Bring Labor Claims Can’t Recover for Their Unpaid Wages
Mar 12 2020 // The California Supreme Court has ruled that plaintiffs in Private Attorney General Act cases cannot recover for their own or their fellow employees’ unpaid wages, but are limited to recovering civil penalties set...
AssuredPartners Acquires Wateridge Insurance Services in California
Mar 12 2020 // AssuredPartners Inc. has acquired Wateridge Insurance Services Inc. of San Diego, Calif. The team of 67 will remain under the operational leadership of Jeff Byroads, John Clanton and John Dorris. Lake Mary, Fla.-based...
California Governor Warns of More Restrictions to Stop Virus
Mar 12 2020 // California Gov. Gavin Newsom urged the state’s nearly 40 million residents to avoid sporting events, concerts and large gatherings to prevent the spread of the coronavirus and adamantly warned the elderly to stay...
PG&E Has Settled One Battle Involving California Wildfire Fund
Mar 11 2020 // Pacific Gas & Electric told a federal bankruptcy judge that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic...
Insurance Office of America Names Cohen in California to Cannabis Team
Mar 11 2020 // Insurance Office of America has added Aaron Cohen to its Western region. Aaron will expand the firm’s team of cannabis industry specialists as a risk management consultant. He will be based in Encino, Calif. Aaron...
Insurance Industry Is Being Dragged Into Subsidizing Illegal Marijuana Grow Houses
Mar 11 2020 // GARDEN GROVE, Calif. — While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their...
California Governor Names Hagen Department of Industrial Relations Director
Mar 10 2020 // California Gov. Gavin Newsom has named Katrina S. Hagen director of the California Department of Industrial Relations. She fills the position vacated by former director Christine Baker, who retired in 2018. Hagen, 47, of...
Large Earthquake off Coast of Northern California Confirmed
Mar 10 2020 // A magnitude 5.9 earthquake struck a spot off the coast of Northern California on Sunday, the U.S. Geological Survey confirmed. The earthquake hit at 6:59 p.m. and was centered in a spot 55.5 miles west of Ferndale, a town...
Program: 10K-Plus Homes in California Retrofitted to Reduce Earthquake Damage
Mar 9 2020 // The California Earthquake Authority’s Earthquake Brace + Bolt program has reached the milestone of aiding more than 10,000 California homeowners to seismically retrofit their homes. The EBB grant program provides...
Surplus Lines Association of California Makes Executives Staff Moves
Mar 9 2020 // The Surplus Line Association of California announced on Monday that Pat McAuley, who had served most recently as the senior vice president for the education and compliance department, officially retired on Feb. 28 after...
Realign Capital Strategies in California Names McAuliffe Partner
Mar 9 2020 // San Diego, Calif.-based Realign Capital Strategies LLC has named Tim McAuliffe a partner. McAuliffe is an underwriter with more than 25 years of experience in various lines of business. He previously spent 10 years with...
California Father and Son Charged With Auto Insurance Fraud
Mar 9 2020 // A father and son from California have been charged with felony counts of auto insurance fraud after allegedly falsifying an insurance claim in order to receive an undeserved payout from an insurance company. The charges...
