All the headlines from our California Topic Page, ordered by recency.
Jan 22 2019 // Newport Beach, Calif.-based Alliant Insurance Services Inc. announced that a Canadian pension investment manager is making an investment in the firm.The investment by the Public Sector Pension Investment Board is joined by...
Jan 22 2019 // Edison International said much of the damage from the mudslides that swept through the coastal town of Montecito last year was the result of poorly designed and maintained debris basins for which local governments are...
Jan 22 2019 // The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses,...
Jan 21 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re.A report from Munich Re on last...
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
Jan 21 2019 // Wildfires and the Dynamex decision dominated discussions at an insurance wholesaler conference in early January.The California Wholesaler Association conference in La Jolla, Calif., from Jan. 6 to Jan. 8 featured numerous...
Jan 18 2019 // California has endorsed a rule that will allow home marijuana deliveries statewide, even into communities that have banned commercial pot sales.The regulation by the state Bureau of Cannabis Control was opposed by police...
Jan 18 2019 // California Insurance Commissioner Ricardo Lara announced new members of his executive team, including the first Latina chief deputy in the history of the California Department of Insurance.The new executive team members...
Jan 18 2019 // PG&E Corp. is so cash-starved that it won’t commit to paying settlements reached with people who lost their homes in a 2015 wildfire caused by a tree falling on a power line.The disclosure by a lawyer for the...
Jan 17 2019 // Environmental risks continue to dominate long-term concerns, a new report shows.World Economic Forum’s Global Risks Report 2019 released on Wednesday included as collaborators Marsh & McLennan Cos. and Zurich...
Jan 17 2019 // The U.S. Geological Survey confirmed a 3.7 preliminary magnitude earthquake rattled the small city of Piedmont in northern California. The USGS says the tremor occurred on Wednesday at 4:42 a.m. The impacts of the...
Jan 17 2019 // San Francisco, Calif.-based Woodruff Sawyer has named Frank Mckenna senior vice president and national healthcare practice leader. Mckenna will be responsible for expanding and growing the current Healthcare...
Jan 16 2019 // San Diego, California-based Preferred Employers Insurance, a Berkley Company, has added workers’ compensation underwriting expert, Minoo Bhatia, as a senior business development underwriter. Bhatia comes to Preferred...
Jan 16 2019 // The first in a series of Pacific storms brought heavy rain to Southern California and snow in the mountains on Jan. 14, closing some highways and snarling traffic.Fears were that the rain could unleash mud and debris flows...
Jan 15 2019 // CSAA Insurance Group has named Katherine Evans president of regulatory and government affairs. Evans will oversee all areas of CSAA Insurance Group’s government and regulatory practices, and will report to the...
Jan 15 2019 // PG&E Corp.’s chances of emerging from bankruptcy proceedings hinge in part on an arcane California legal rule that threatens to keep the utility owner perpetually on the hook for liabilities from catastrophic...
Jan 15 2019 // Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane Michael.These natural...
Jan 15 2019 // A group of trustees from some of America’s biggest public pensions are calling on companies to detail costs related to sexual harassment and any measures they’re taking to address the problem.“We...
Jan 14 2019 // San Diego, Calif.-based Cavignac & Associates has named Brandon Goucher an account manager within the firm’s commercial department. Goucher is the primary contact at the agency for his assigned clients, charged...
Jan 14 2019 // California worker’s compensation insurers and their customers are getting a bit of a break this year.The California Insurance Guarantee Association won’t be collecting its annual assessment on 2019...