California Mutual Insurance Co. News

California Commissioner OKs 1st Lessor’s Risk Coverage for Marijuana Industry

California Insurance Commissioner Dave Jones has approved what his office says is the first insurance coverage for commercial landlords that addresses risks specific to renting to cannabis businesses. California Mutual Insurance Co. was approved to add lessor’s risk coverage for …

A.M. Best Revises Outlooks to Negative for California Mutual Insurance Co.

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 negative outlooks are based on California Mutual’s …