All the headlines from our California Topic Page, ordered by recency.
Jun 19 2019 // PG&E Corp. will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on...
Jun 19 2019 // Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company’s glyphosate-based Roundup weed killer responsible for a couple’s cancer, arguing the jury decision was not...
Jun 19 2019 // A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality.The California Department of Insurance is reviewing an application for the sale of the Calif.-based...
Jun 18 2019 // Hub International Ltd. has acquired Foster & Parker Insurance Agency Inc.Terms of the deal were not disclosed. Steve Barsotti, president of Foster & Parker Insurance, and the staff will join Hub California.Foster...
Jun 18 2019 // Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming.Supporters call it the...
Jun 17 2019 // The U.S. Geological Survey confirmed a magnitude 3.2 earthquake hit central California. The agency says the earthquake hit a spot 11.4 miles southwest of Darwin, a town of about 36 people, at 6:48 p.m. The agency says the...
Jun 17 2019 // TigerRisk Partners LLC has named Lindsey Frase a partner and member of its North American current client division.Frase will report to Wade Gulbransen, global head of reinsurance. Frase started her reinsurance industry...
Jun 17 2019 // It’s still early, but claims experience thus far in the cannabis insurance market is encouraging, according to one leading writer.“So far, we’re optimistic that we’re going to see that our...
Jun 17 2019 // The Surplus Line Association of California board has voted to adjust the stamping fee to 0.25%, effective Jan. 1, 2020, the group announced earlier this month.The stamping fee has been set at 0.2% for seven years, the...
Jun 17 2019 // Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in many having their...
Jun 17 2019 // California fire officials say sparks from a hammer driving a metal stake into the ground ignited a 2018 blaze in Northern California that killed a firefighter and became the largest wildland fire in state history. The...
Jun 14 2019 // AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of The California Casualty Indemnity...
Jun 14 2019 // Arthur J. Gallagher & Co. has acquired Rocklin, Calif.-based Abram Interstate Insurance Services Inc.Terms of the deal were not disclosed. Ron Abram and his associates will remain in their current location under the...
Jun 14 2019 // Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year.The insurer is adding a service to all of its California home and landlord policies, helping customers...
Jun 14 2019 // Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees.“We can make...
Jun 13 2019 // Sacramento will pay $5.2 million to the family of a man who was repeatedly shocked by police Tasers and left with severe brain damage, according to a newspaper report.The City Council voted in a closed-door session to...
Jun 13 2019 // Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer.The jury verdict in state court in Oakland is...
Jun 12 2019 // A retired gynecologist who worked at the University of California, Los Angeles for decades has pleaded not guilty to sexually abusing two patients during examinations and the campus is asking anyone who may have other...
Jun 12 2019 // Concord, Calif.-based Union General Insurance Services has added five people to its team.Included in that group are two managing directors: Scott Lane for Oregon and Nevada, and Ben Bailey for Southern California. Lane has...
Jun 12 2019 // A second day of unrelenting heat is scorching California, sending temperatures to near record levels, raising risk of wildfires and prompting calls for energy conservation.Temperatures surged past 100 degrees Fahrenheit in...