One potential consequence of California’s ballooning budget deficit: Higher taxes for businesses, with increases possible every year for the next decade. Business owners pay a tax on each of their workers. The money goes into a fund that states use …
A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov. Gavin Newsom, the first major vote in an effort to pass the …
California Gov. Gavin Newsom said he wants state regulators to decide whether to impose the nation’s first penalty on oil companies for price gouging, pivoting after months of negotiations with legislative leaders failed to reach an agreement on a bill …
Recent action by California Gov. Gavin Newsom should be of real interest to insurance agents and brokers doing business in the Golden State. With a swipe of his pen, Newsom signed into law Senate Bill 1242, written by the Senate …
In an Executive Order dated September 25, California Gov. Gavin Newsom directed all agencies of state government to double down on their efforts to address climate change. The governor, state agencies and the Legislature are spending billions of dollars in …
A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: …
A broadly smiling California Gov. Gavin Newsom joined about two dozen jubilant, cheering farmworkers camped outside the state Capitol this week to sign one of the most contentious bills before him this year, reversing course on a measure to help …
Californians who find themselves victims of “cyber flashing” can sue under a new law signed by Gov. Gavin Newsom. The law aims to punish and deter those who send unsolicited sexually explicit messages via text, email, or other electronic means. …
Restaurant owners moved recently to at least temporarily block a nation-leading new California law giving more power to fast food workers. The owners want the state’s voters to ultimately decide the law’s fate. A coalition calling itself Protect Neighborhood Restaurants …
Insurance professionals in the alternative energies sector may want to take note of a recent Bloomberg opinion piece that focuses on supply chain and supply chain risks due to rising energy costs. It calls 2022 “a blockbuster year for energy …
