Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Insurers’ Inability to Price Risk Is Causing Headaches
Jun 7 2023 // California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change — and that limitation is a factor pushing US insurers out of the...
Kathy Quintana of HUB International Honored with 2023 IICF Inclusion Champion Award
Jun 7 2023 // Award to be presented June 14 at IICF Inclusion in Insurance Global Conference in New York Los Angeles, May 30, 2023 – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to...
Lawsuit Claiming Racism at Tesla Draws Almost 240 Black Workers Saying ‘Me Too’
Jun 6 2023 // A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017 lawsuit in which he called the electric-car maker’s production floor a “hotbed for racist...
Insurance Leader Paul Hammack Remembered for Industry Passion, Vision
Jun 6 2023 // Friends, family and insurance colleagues of Paul Hammack gathered in Sacramento, California, in May to honor the life of the 30-year industry veteran, who was tragically killed in a car accident on Dec. 14, 2022. Nearly...
California City and School District Paying $52M to Settle Sex Abuse Case
Jun 6 2023 // Sacramento and the city’s school district will pay more than $52 million to settle lawsuits alleging negligence by officials after an aide pleaded guilty to sexually abusing at least eight elementary school students...
People Moves: EPIC in California Names Daley President, Western Region Private Client Leader
Jun 6 2023 // EPIC Insurance Brokers & Consultants named Kevin Daley president, Western Region private client leader. Daley has more than 25 years of experience in the insurance industry, most recently as president of field...
New California Admitted Homeowners Program
Jun 5 2023 // San Diego, CA., June 05, 2023 —First Cap Property Insurance Solutions, a San Diego, CA based MGU recently announced a new homeowner’s program for California. The program offers HO3, DP3, HO6, HO4 and...
Business Moves
Jun 5 2023 // Midwest G&G Independent Insurance, Robbins Insurance Group G&G Independent Insurance has acquired Branson, Missouri-based Robbins Insurance Group. G&G has been serving the insurance needs of clients in Missouri...
California Workers’ Comp Written Premium was 14% Above 2021
Jun 5 2023 // The Workers’ Compensation Insurance Rating Bureau of California issued its Quarterly Experience Report, an update on California statewide insurer experience valued as of Dec. 31, 2022. Highlights of the report...
Former California Agent Sentenced for Stealing $220K from Clients Including Late Art Dealer
Jun 5 2023 // John Philip Ryan, 64, of Yucca Valley, California, was sentenced and ordered to pay more than $220,000 in restitution to victims after pleading guilty to two felony counts of financial elder abuse and grand theft of...
Viewpoint: California Needs Regulatory Reform and Quick Rate Review to Halt Personal Lines Meltdown
Jun 2 2023 // The regulation of property/casualty insurance in California has been an epic failure—look no further than the state of the market for personal automobile and homeowners insurance. California Insurance Commissioner...
Judge Dismisses Criminal Charges Against PG&E Energy in Fatal California Wildfire
Jun 2 2023 // A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by its equipment that destroyed hundreds of homes and killed four people, including an...
California Awards $8M for Community Resilience Projects
Jun 2 2023 // The California Governor’s Office of Planning and Research announced $8 million in project awards through Round I of the Adaptation Planning Grant. The grant, funded through Gov. Gavin Newsom’s 2021-2022 climate...
Climate Change, Wildfire Risk and State Farm’s California Decision
Jun 1 2023 // Several reasons were given within State Farm’s announcement last week the carrier was no longer writing new personal or business property/casualty policies in California – including a challenging reinsurance...
State Farm’s California Halt Reflects Overall Poor Underwriting Experience, Ratings Agency Says
May 31 2023 // State Farm’s announcement last week that the carrier was no longer writing new personal or business property/casualty policies in California “reflects the poor underwriting experience for California...
Prop 103’s Author Isn’t the Final Word on What Prop 103 Says
May 31 2023 // It’s been 35 years since Californians voted by a narrow majority to pass Proposition 103, completely overhauling how the nation’s largest state regulates the business of insurance. That’s an awfully long...
California Overtime Law Threatens Use of Grazing Goats to Prevent Wildfires
May 31 2023 // Hundreds of goats munch on long blades of yellow grass on a hillside next to a sprawling townhouse complex. They were hired to clear vegetation that could fuel wildfires as temperatures rise this summer. These voracious...
Delta Air Lines Faces Proposed Class Action Over Carbon Neutral Claims
May 31 2023 // Delta Air Lines is facing a proposed class action lawsuit over advertising touting the U.S. carrier as carbon-neutral, according to a complaint filed on Tuesday in California federal court. The complaint, filed on behalf...
Judge in Montana Case Says Fire Retardant Drops Polluting Streams But Allows Use to Continue
May 30 2023 // A judge ruled that the U.S. government can keep using chemical retardant to fight wildfires, despite finding that the practice pollutes streams in western states in violation of federal law. Halting the use of the red...
California Unlikely to Run Short of Electricity This Summer Thanks to Storms, New Power Sources
May 30 2023 // California regulators say the state is unlikely to run out of electricity this summer because of a big increase in power storage and a wet winter that filled the state’s reservoirs enough to restart hydroelectric...
