The withdrawal of major homeowners insurance companies in the California market made national headlines, but news just as concerning and impactful is California’s private passenger auto insurance market. Much like the homeowners market, the PPA market has seen significant changes …
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Ratings to “bb” (Fair) from “bbb-” (Good) of Civil Service Employees Insurance Company and CSE Safeguard Insurance Company, which together comprise …
The California Labor Commissioner’s Office cited Hyatt Regency Long Beach $4.79 million for reportedly failing to timely offer job positions to 25 employees laid off during the COVID-19 pandemic once the hotel increased its business operations and began rehiring employees. …
Pacific Gas & Electric – one of the nation’s largest utilities whose equipment has sparked some of California`s deadliest wildfires – wants to bury power lines in some of its most at-risk areas to prevent destructive blazes like the 2018 …
In sales, you always hear about the big fish. For one, catering to new companies, or what some would call business babies or startups, takes a lot of work for less return. However, Danielle Hernandez has built her business on …
The California Trucking Association (CTA) has asked a federal judge to stop a state rule that would require truckers to switch to zero-emissions vehicles by 2042, calling it “a vast overreach” that threatens the survival of industry. The trucking group …
California Restaurant Mutual Benefit Corp. raised $100 million in capital over the past decade from its members and through fiscal controls. CRMBC is a California self-insured group that provides workers’ compensation coverage for the restaurant, hospitality and food service industries. …
A federal court jury returned a $13.5 million verdict against the city of Los Angeles in a lawsuit over the death of a man after two police officers used their bodyweight on his back to restrain him, the plaintiff`s attorneys …
A subsidiary of Brown & Brown Inc. has acquired substantially all of the assets of Pacific Underwriters. Following the acquisition, the Pacific Underwriters team will continue doing business from their existing Seattle, Washington location as part of Brown & Brown’s …
A semi-trailer truck driver was killed when a train derailed and a bridge collapsed, spewing coal and mangled train cars across a highway near Pueblo, Colorado, on Sunday, authorities said. The driver has died, but no further details were available, …
