California News

Florida Judge: $97M Nicaraguan Judgment Against Dole Unenforceable

Florida judge has said a $97 million judgment against U.S. food giant Dole and Dow Chemical Co. cannot be enforced because the Nicaraguan court that issued it neither had jurisdiction nor met international legal standards. A trial court in Chinandega, …

California Commissioner Warns Seniors About Agents

California’s Insurance Commissioner is worried that crooked health insurance agents may target seniors during open enrollment for Medicare Advantage and Prescription Drug Program. Insurance Commissioner Steve Poizner said that deceptive sales practices “are too common during open enrollment for Medicare …

Socius Hires in California and Illinois

Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Devin Wright as assistant vice president in its San Francisco office. The company also hired Matt Baird as assistant vice …

California Still at Earthquake Risk

California is still vulnerable to devastating loss should another earthquake occur like the Loma Prieta earthquake, which occured 20 years ago, according to ProtectingAmerican.org. “The fact is, that California’s largest cities are economically vulnerable as they were when the Loma …

California’s SCIF Names Interim CEO

The board of directors of California’s State Compensation Insurance Fund today announced that it has appointed Doug Stewart, Chief Risk Officer, as president and CEO on an interim basis, replacing outgoing CEO Janet D. Frank. “The board is very confident …

Murder Arrest in 2003 California Wildfire

Almost six years after a wildfire destroyed nearly 1,000 homes in Southern California, prosecutors say they have enough evidence to charge a prison inmate with arson and murder in connection with the 2003 blaze. San Bernardino County District Attorney Michael …

California Police Find Pot Warehouse After Fire

Oakland police say they’ve uncovered at least 1,000 marijuana plants after a fire in a warehouse. Fire officials say it took crews about 10 minutes to get the fire under control in the one-story warehouse in East Oakland Tuesday evening. …

Typhoon Lupit on Course to Hit Philippines; Rick Continues to Weaken

Catastrophe risk modeling firm AIR Worldwide warns that the Philippines are bracing for the arrival of Typhoon Lupit. The storm is located about 800 kms (500 miles) east of northern Luzon island and is moving west at approximately 15 kph …

Madoff Investors Add KPMG, MassMutual, Major Banks to Lawsuit

Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG, JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said. The lawyer, who also named …

Homeless Man Detained in California wildfire Probe

A homeless man was arrested and charged with arson for starting a tiny blaze in August near the spot where a gigantic wildfire erupted several days later, killing two firefighters, homicide detectives said Monday. Babatunsin Olukunle, 25, is the strongest …