West News

Cannabis Sales Outlook Promising for Insuring Cannabis Specialists

A new report shows global legal cannabis spending grew to $36 billion in 2023, and more importantly, that languishing sales in longer-legal states may soon start to swing back up – two big, encouraging signs for insuring cannabis specialists. BDSA, …

Handcuffed Colorado Man Stunned by Taser Settles Lawsuit for $1.5M

A man who was stunned with a Taser while handcuffed, including on his lip, has settled a federal lawsuit with a Colorado sheriff’s department for $1.5 million, his lawyers said. Kenneth Espinoza was arrested after he stopped to wait for …

Former California Agent Arraigned for Allegedly Stealing $380K in Premiums from Businesses

Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation reportedly found she allegedly stole more than $380,000 from fraudulent insurance …

Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims

Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance companies typically require policyholders to provide a full, itemized …

Resilience in California Launches Technology E&O Coverage

San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber …

Cal/OSHA Increases Civil Penalty Amounts for 2024

California’s Division of Occupational Safety and Health recently increased penalties for certain violations, with some maximum penalties planned to rise as much as $4,983 this year, a smaller increase than in the past. This annual Cal/OSHA increase is required by …

S&P Says Flooding Events for California Cities and Counties May Result in Credit Risks

California’s high rainfall in 2023 is continuing into 2024 but has yet to have a material effect on credit quality for cities and counties rated by S&P Global Ratings, however the longer-term effects on issuers could be more significant, the …

Lawsuit Claims Isolation and Abuse at Wyoming Boys School

Staff at Wyoming’s state youth detention facility locked juveniles in solitary confinement for weeks at a time, repeatedly buckled one in a restraint chair for up to 12 hours a day and poked fun at another while withholding the leg …

Experts Say California to Be Drought-Free Through 2025 Following Winter Storms

AccuWeather meteorologists say California will be free of widespread drought through the end of 2025 on the heels of a blizzard that dumped more than 80 inches of snow on the mountains of northern and central California. Back-to-back wet and …

IMA Acquires RiskPoint in Pacific Northwest

IMA Financial Group acquired RiskPoint Insurance Advisors LLC in the Pacific Northwest. With the transaction, k.p.d. Insurance and JL Jones and Associates will join RiskPoint in rebranding as IMA companies and expanding IMA’s presence in the Pacific Northwest. RiskPoint was …

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