Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Ascot Expands U.S. Marine Team With Johnson and Factor in California
Dec 31 2018 // Ascot has named Chris Johnson and Jocelyne Factor as underwriters in the U.S. marine team. Both will be based in the new San Francisco office, expanding Ascot’s geographic footprint to the West Coast. Johnson, senior...
Lawyers Scramble to Get Piece of the Action in California Wildfire Lawsuits
Dec 31 2018 // In a conference room 13 miles from Paradise, California, Doug Boxer explains to survivors of the state’s worst wildfire why they should choose his law firm to sue PG&E Corp. He walks a fine line between listening...
Insurance Journal West’s Top Stories for 2018: California Commissioner Race, Hawaii Lava, Wildfire Losses
Dec 31 2018 // Another year down, and too many fascinating news headlines to count. Hawaii’s lava, the race for California insurance commissioner, and a $23 million ruling in a lawsuit against Geico were among the most popular...
Chamber’s List of 2018’s ‘Top 10 Most Ridiculous Lawsuits’
Dec 31 2018 // A lawsuit targeting California coffee houses for not including warning labels on their products tops the U.S. Chamber Institute for Legal Reform’s (ILR) list of the Top 10 Most Ridiculous Lawsuits of 2018. This...
Woodruff Sawyer in California Names Schmidt Senior Vice President
Dec 28 2018 // San Francisco, Calif.-based Woodruff Sawyer has named Dan Schmidt a senior vice president in the healthcare practice. Schmidt will be a member of the San Francisco team and will also be implementing an office based in...
BevMo in California Warns of Customer Credit Card Data Breach
Dec 28 2018 // BevMo is warning that a data breach may have allowed a hacker to steal credit card numbers and other information from more than 14,000 customers who used the alcohol-seller’s website. The Concord, Calif.-based...
Most Insurers to Increase Payments to California Wildfire Victims Without Itemization
Dec 28 2018 // California Insurance Commissioner Dave Jones said this week that most insurers were following a notice he issued requesting that residential property insurers provide at least 75 percent and up to 100 percent of contents...
5 Lessons to Take Away from the California Wildfires
Dec 28 2018 // Powered by InsuranceJournal.tv The California wildfires of 2018 were devastating, burning hundreds of thousands of acres, costing numerous lives and destroying thousands of properties. The California Department of...
California Regulators May Break up PG&E Over Safety Concerns
Dec 27 2018 // California regulators said they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility’s role in recent gas explosions and wildfires. Among the...
A.M. Best: Negative Rating Implications from Wildfires for California Capital And Subsidiaries
Dec 21 2018 // AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its...
Power Restored to Last of 10K Paradise Residents Hit by California Wildfire
Dec 21 2018 // A Northern California utility says it has restored power interrupted by a wildfire six weeks ago to all customers able to receive it. Pacific Gas & Electric said this week the last of about 10,000 residents of Paradise...
Big Pharma Resuming U.S. Price Hikes in January After Pause: Reuters Report
Dec 21 2018 // Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry under pressure from...
California Commissioner Pushing Insurer Fossil Fuel Divestment to The End
Dec 20 2018 // California Insurance Commissioner Dave Jones continues to push the fossil fuel divestment hot button right to the end of the year and his tenure as the state’s head insurance regulator. Jones this week released the...
California DMV Previews New Motor Vehicle Laws Coming in 2019
Dec 20 2018 // The California Department of Motor Vehicles this week issued a reminder of new laws or changes to existing laws going into effect Jan 1, 2019 that motorist and auto insurance professionals should be aware of. The new laws...
Assessing Wildfires’ Impact on P/C Insurers’ 2018 Results
Dec 20 2018 // Fitch Ratings said it expects the November wildfires in California to have some but not great impact on property/casualty insurers’ year-end results and it anticipates limited or no rating actions due to the fires....
Boy Scouts Face Insurance, Bankruptcy Challenges Over Sex Abuse Claims
Dec 20 2018 // It took Robb Lawson until he was 45 to finally confront a dark memory from his days as a Boy Scout. Lawson was a teenager at the time, a member of a troop in Georgia, picked to attend a wilderness challenge to win entry in...
California Hits 2 Companies with $4.3M Fine for Improperly Selling Workers’ Comp
Dec 19 2018 // California Insurance Commissioner Dave Jones on Wednesday imposed a $4.3 million penalty on American Labor Alliance and CompOne USA for selling workers’ compensation and liability policies to employers of farmworkers...
California’s 376 Fatal Occupational Injuries in 2017 Equals Previous Year, Report Shows
Dec 18 2018 // The California Department of Industrial Relations issued a report on Tuesday showing that 376 Californians died on the job in 2017, the same as in 2016. California’s workplace fatality rate remains stable with slight...
More Marijuana Products in California Passing Safety Tests
Dec 18 2018 // A higher percentage of California marijuana products are passing strict safety tests, but the sudden closing of a lab that state authorities found wasn’t correctly checking for pesticides has raised new questions...
Gorst & Compass Expands in Northern California, Adds Sholders
Dec 17 2018 // Gorst & Compass Insurance has expanded its Northern California operations with the opening of an office in Napa, Calif. and has named Katie Sholders, senior broker/underwriter in commercial lines, to open the...
