Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Florida Agents Optimistic About the Market – and They Don’t Fear the A.I. Reaper
Jul 3 2023 // Just as some California insurance agents are expressing grave concerns about the future of that state’s insurance market, a number of Florida agents feel like they’ve turned something of a corner. “Things...
University of California Files Lawsuit Against Lloyd’s of London Over Refusal to Reimburse Cyber Insurance Costs
Jun 30 2023 // The Regents of the University of California sued Lloyd’s of London, arguing the company refused to reimburse the university system for the costs of data breaches covered in a cyber insurance policy. The dispute is...
California Insurance Commissioner Awards $50M in Grants to Fight Fraud
Jun 30 2023 // California Insurance Commissioner Ricardo Lara awarded $50,545,239 in grants to 34 district attorney offices representing 44 counties in the state to combat insurance fraud. The grants, funded through annual employer...
People Moves: Pinnacle in California Names Gerdts VP, Sales and Account Management
Jun 30 2023 // Kyle Gerdts has joined Pinnacle Claims Management, Inc., headquartered in Irvine, Calif., as vice president, sales and account management. Gerdts joins from HealthComp, where he was director of sales with responsibilities...
California Workers’ Comp Insurer Combined Losses and Expenses in 2022 Were $15B
Jun 29 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...
NFP Acquires Presidio Financial Services in California
Jun 28 2023 // NFP acquired Presidio Financial Services Corp. in Westlake Village, California. Presidio is an independent insurance brokerage that provides products tailored for physicians, doctors, healthcare facilities and healthcare...
Push to Lower Wildfire Risk Across West Stumbles in Places
Jun 28 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...
California Sits Far atop National EV Policy Scorecard List
Jun 28 2023 // California ranked first in strengthening policies to enable widespread use of electric cars, trucks, and buses, according to a national scorecard out on Wednesday that gives most states poor grades. The 2023 State...
Regulatory Weaknesses, Politics Driving Marketplace Exits, Industry CEOs Say
Jun 28 2023 // A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in a state like California at an industry conference last week, pointing to regulatory disconnects...
DA’s Office Charges California Contractors with Workers’ Comp Fraud and Conspiracy
Jun 28 2023 // Individuals from two construction companies in California’s Bay Area were arraigned on charges of conspiring to misclassify workers to avoid paying workers’ compensation insurance, payroll taxes and insurance...
How the Insurance Universe Deals With Evolving Risks and Dispositions
Jun 27 2023 // Insurers have come a long way on climate change, but they have a long way to get where we need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance Commissioner Mike Kreidler, a...
High Court: Police in California Aren’t Immune From Certain Misconduct Suits
Jun 26 2023 // Police in California are not immune from civil lawsuits for misconduct that happens while they investigate crimes, the state Supreme Court ruled, overruling a precedent made by lower courts that had helped protect law...
People Moves: PIIB in California Announces New COO, Appoints Board Members
Jun 26 2023 // The Pacific Interstate Insurance Brokers board has appointed Ashley Bernardi as vice president and chief operation officer. Bernardi has more than 14 years of experience, beginning her career at PIIB as a part-time...
Personal Data of 700K Retired California Workers And Beneficiaries Stolen
Jun 23 2023 // California pension officials say personal information of about 769,000 retired state employees and other beneficiaries – including Social Security numbers – was among data stolen by Russian cybercriminals in...
Home Depot Paying $72.5M to Settle California Wage Class Action
Jun 23 2023 // Home Depot HD.N has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California. The preliminary settlement was filed late...
People Moves: California Commissioner Lara Makes Appointments
Jun 21 2023 // California Insurance Commissioner Ricardo Lara appointed new members Janise Graham and Doug Smith, as well as reappointed members Monique Howard and Sandra Moriarty to the Curriculum Board. Lara also appointed Nona Tirre...
Family Suing California Cemetery After Remains of Juneteenth Trailblazer Missing from Burial Plot
Jun 21 2023 // Relatives of a late Black businessman who helped popularize Juneteenth in San Diego are suing a cemetery after his remains were reported missing from the family’s burial plot. Greenwood Memorial Park and Mortuary...
States Are Rushing to Regulate Deepfakes as AI Goes Mainstream
Jun 21 2023 // Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood actresses and internet influencers. A photo of an explosion at the...
FloodFlash Partners with EPIC to Provide Flood Insurance in California
Jun 20 2023 // Parametric flood insurance company FloodFlash announced new partnerships with EPIC Insurance Brokers & Consultants to provide additional flood insurance options to businesses in California. A parametric flood insurance...
Weekend Mass Shootings Leave 6 People Dead and Dozens Injured Across the US
Jun 20 2023 // Mass shootings and violence across the U.S. killed at least six people this weekend, including a Pennsylvania state trooper, and wounded dozens of people. Multiple people with guns fired shots at a holiday crowd in...
