All the headlines from our California Topic Page, ordered by recency.
Mar 25 2020 // San Diego, Calif.-based K2 Insurance Services LLC has named Mark Smith president. He has nearly 30 years of insurance experience, including underwriting, actuarial and finance leadership roles. He most recently spent four...
Mar 25 2020 // A tanker truck overturned down an embankment, spilling up to 6,000 gallons of crude oil into a river that flows into a dam and reservoir near the city of Santa Maria, authorities said.The driver was no injured and the...
Mar 25 2020 // As state insurance regulators monitor and respond to the coronavirus impact on insurance, property/casualty insurers are calling on them to coordinate their requests for data and ease up on some requirements.David A....
Mar 24 2020 // A magnitude 4.7 earthquake struck Sunday morning off the coast of Northern California, the U.S. Geological Survey confirmed. The quake hit at 8:27 a.m. about 50 miles west of Ferndale, a coastal town of 1,300 people. A...
Mar 24 2020 // Pacific Gas & Electric said it will plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 fire in Northern California that killed 84 people and decimated three towns.The utility said in a...
Mar 23 2020 // California’s State Compensation Insurance Fund announced several steps to support policyholders during the COVID-19 crisis, including a moratorium on policy cancellations and late payment penalties. State Fund also...
Mar 23 2020 // One company rushed to expand its delivery fleet. Another has seen sales triple. The global coronavirus pandemic has left millions of people locked out of bars, restaurants and theaters, but it’s been an unexpected...
Mar 23 2020 // The California Supreme Court has ruled that plaintiffs in Private Attorney General Act cases cannot recover for their own or their fellow employees’ unpaid wages, but are limited to recovering civil penalties set...
Mar 22 2020 // Californians statewide are huddled at home under a “shelter-in-place” order handed down March 20 by Gov. Gavin Newsom to stem the spread of the COVID-19 virus.Unfortunately, nature does not take a break for...
Mar 20 2020 // San Diego, CA, March 19, 2020 – FTP of California, LLC, announced today a new property program with high limits and extreme flexibility in risk coverage. The exclusive program is backed by A.M. Best ‘A’ rated...
Mar 19 2020 // California’s governor on Thursday issued an unprecedented statewide “stay at home order” directing the state’s 40 million residents to hunker down in their homes for the foreseeable future in the...
Mar 19 2020 // Severe weather events and demographic challenges will continue to strain government finances, a trend that will require “a rethink of how catastrophic events are funded” and push the need for greater use of...
Mar 19 2020 // California Insurance Commissioner Ricardo Lara is asking insurers for a grace period on paying premiums.Lara today issued a notice requesting that all insurance companies provide their policyholders with at least a 60-day...
Mar 19 2020 // Cisco Systems Inc. has agreed to pay $2 million in lost wages and interest to affected employees in San Jose, Calif., and provide at least $2.7 million in pay-equity adjustments to its employees nationwide in the next five...
Mar 19 2020 // California Department of Insurance detectives took Yeghishe Msryan, 67, into custody after he was arrested in Poland and extradited back to Los Angeles by the U.S. Marshals Service for his alleged involvement in an...
Mar 18 2020 // Inszone Insurance Services has acquired Global Pro Insurance Services in Pleasanton, Calif. Terms of the deal were not disclosed. Global Pro provides property/casualty insurance services to individual and businesses...
Mar 17 2020 // Each year technology’s promise of having autonomous vehicles ruling the roads seems to be a bit more fleeting, or at least a bit further off, but that hasn’t stalled the efforts of would-be makers of...
Mar 17 2020 // Integrated Specialty Coverages has acquired Sacramento, Calif.-based Access Partners Insurance Services LLC. Terms of the deal were not disclosed. ISC is a technology-enabled General Agency backed by affiliates of Two...
Mar 17 2020 // Insurance Office of America has added Keith Paul to its entertainment division as a risk management consultant. Paul will be based in the Encino, Calif. office. Before joining IOA, he was a client executive at NFP in its...
Mar 16 2020 // Power producer PG&E Corp. said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Gov. Gavin Newsom dropped his opposition to those financing commitments.The U.S....