Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Governor Says Firefighting at Christmas May Become Normal
Dec 11 2017 // A week of destructive fires in Southern California is ending but danger still looms. Well into what’s considered the wet season, there’s been nary a drop of rain. That’s good for sun-seeking tourists, but...
Drug Industry Files Suit to Halt California’s Drug Price Law
Dec 11 2017 // The trade group representing U.S. drugmakers said it has a filed a lawsuit to stop California from implementing a law aimed at reining in prescription drug prices. The Pharmaceutical Research and Manufacturers of America,...
FBI Keeping an Eye on Fraud in Northern California Fire Recovery
Dec 8 2017 // The FBI is joining efforts to prevent fraud related to Northern California wildfire recovery efforts. Nearly two dozen blazes ripped through the region in mid-October, destroying 8,800 structures and 245,000 acres of land....
California Workers’ Comp Division to Adopt a Drug Formulary, Host Webinars
Dec 8 2017 // The California Division of Workers’ Compensation will adopt an evidence-based drug formulary for medical providers treating injured workers beginning Jan. 1, 2018, following approval by the Office of Administrative...
Report: 86K-plus Homes at Some Risk Level in Southern California Wildfires
Dec 8 2017 // A total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires, according to a CoreLogic report...
How A Dry Spell Allowed Winds to Lash California With Flames
Dec 8 2017 // The hot, dry Santa Ana winds whipping up the unseasonably fierce wildfires ravaging Southern California have come at the worst time, at the end of a long dry spell. The combination of savage Santa Anas and tinder-dry...
A.M. Best Revises Outlooks to Negative for California Mutual Insurance Co.
Dec 7 2017 // A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of California Mutual Insurance Co. The...
Gender Pay Class Action in California Against Google Dismissed
Dec 7 2017 // Google Inc. won dismissal of a California class-action lawsuit alleging the company systematically paid male employees more than females. The class proposed by the plaintiffs, covering “all women employed by Google...
Los Angeles Wildfires Close Roads, Threaten Crops, Force Evacuations
Dec 7 2017 // Wildfires raging across Southern California have shut a major commuter artery in Los Angeles, suspended filming, wiped out more than $3 billion of market value for regional utility Edison International and are threatening...
California Department of Workers’ Comp OKs Carve-out Agreement with L.A.
Dec 6 2017 // The California Division of Workers’ Compensation has approved a labor-management carve-out agreement between the City of Los Angeles and the Los Angeles Police Protective League. The agreement covers an estimated...
Cavignac & Associates in California Names Martin Account Administrator
Dec 6 2017 // San Diego, Calif.-based Cavignac & Associates has named Zoixza Martin an account administrator within its commercial department. Martin will provide support and assistance to the department’s team members and...
California Wildfire Claims Now Top $9.4B, Department of Insurance Says
Dec 6 2017 // California Commissioner Dave Jones announced on Wednesday that total of insured losses from the wildfires in California in October now top $9.4 billion in residential and commercial claims. The latest figure is near the...
Southern California Fires Prompt Evacuations of Thousands from Homes
Dec 6 2017 // Ferocious Santa Ana winds raking Southern California whipped explosive wildfires Tuesday, prompting evacuation orders for thousands of homes. The biggest blaze broke out Monday in Ventura County and grew wildly to more...
RenaissanceRe: $90M Estimated Net Negative Impact from California Wildfires
Dec 6 2017 // RenaissanceRe Holdings Ltd. said it estimates that losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations. The October 2017...
Wells Fargo Facing Insurance License Discipline in California
Dec 6 2017 // Wells Fargo was served with an accusation by the California Department of Insurance seeking to suspend or revoke its licenses for alleged improper insurance sales practices related to the company’s online insurance...
Another California Utility Loses Billions in Value as Wildfire Rages
Dec 6 2017 // Once again, thousands are fleeing a wildfire in California. And, once again, the worry on Wall Street is that a major electric utility might end up on the hook for the damages. Shares of Edison International plunged the...
California Division of Workers’ Comp Suspends 21 Medical Providers for Fraud
Dec 5 2017 // The California Division of Workers’ Compensation has suspended 21 more medical providers from participating in the state’s workers’ compensation system, bringing the total number of providers suspended...
California Brothers Nabbed in Staged Auto Accident Ring Involving 20 Others
Dec 5 2017 // A two-year investigation has netted 22 suspects in an auto fraud ring in California that cost insurers hundreds of thousands of dollars. Brothers Angel Topete, 36, and Joshua Topete, 34, both of San Martin, Calif., were...
WSS Names Azer Senior Broker in California
Dec 5 2017 // Western Security Surplus has named Sherif Azer a senior broker in its Los Angeles, Calif. office. Azer’s focus will be commercial lines, property and liability with the placement of excess and surplus brokerage, and...
MAPFRE USA to Exit 5, Focus on 11 States; Sell New York and Life Units in Reorganization
Dec 5 2017 // Insurer MAPFRE USA, which now writes in 19 states, is narrowing its focus by concentrating on 11 key states, exiting five states including selling its New York subsidiary, and selling its life insurance unit. MAPFRE USA...
