California News

Strong Winds Downed Trees and Power Lines in West

Some of the worst winds in years blasted through California this week, with the brunt off the gusts felt overnight on Wednedsday, sweeping through canyons, gusting up to 97 mph, and toppling trees and trucks while knocking out power to …

Small Oklahoma Quake Reinforces Need for Repsonse, Preparedness Training

A small earthquake was recorded in central Oklahoma on Nov. 21 — on a day that executives from the California Earthquake Authority met with officials from the Oklahoma Insurance Department to discuss earthquake response and statewide preparation for future seismic …

Report: Los Angeles Hospital Cited for Safety Violations

Federal inspection reports show a major Los Angeles hospital had unclean and unsafe operating rooms and failed to protect its patients from possible infection. The documents, obtained by the Los Angeles Times (http://lat.ms/rt7qOC ), say operating rooms at Harbor-UCLA Medical …

California Fights Regulation with Regulation

In an odd twist, California business groups applauded Governor Jerry Brown for signing legislation Thursday to create a new layer of government regulation they say will lessen the burdens imposed by future regulations. The measure orders the Democratic governor’s Department …

California Homeowners’ Suit Against Builders Revived

A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure. Against what it called “the backdrop …

Venture Capital Firm Buys California Wholesaler Yates, Rolls Out Growth Plan

Scottish American Capital, a venture capital group with a cache of high net worth individuals, has purchased 80 percent of Tustin, Calif.-based Yates & Associates and given founder Jim Yates a three-year contract as chairman. The company said it now …

Southwest Power Outage Economic Cost Put At $100M

The Sept. 8 power outage that left southern California and parts of Arizona and Northern Baja Mexico without power could mean as much as $100 million in economic losses. The National University System Institute for Policy Research said that businesses …

Power Restored to Most After Big California, Arizona Blackout

Power companies in Southern California restored electricity to most customers by early Friday after a massive blackout on Thursday left nearly 5 million people in parts of California, Arizona and Mexico in the dark. Although the Sept. 8 outage, apparently …

XL Insurance Expands in San Francisco with 2 Appointments

XL Insurance has appointed Marcia Blanco and Ursula Williams to its miscellaneous professional liability (MPL) team in San Francisco. Blanco joins as the national practice leader for all MPL business and new product development to include a custom media insurance …

National Financial Partners Acquires California’s DA Financial

New York-based insurance broker National Financial Partners Corp. has acquired DA Financial Group of San Francisco, Calif., for an undisclosed amount. With annualized revenue of $5 million, DA Financial has provided benefits, financial planning and insurance services for 50 years. …