All the headlines from our California Topic Page, ordered by recency.
Dec 17 2018 // A new report shows the average return on net worth for California workers’ compensation insurers rose to 9.9 percent in 2017, the fourth consecutive increase.The report comes from the National Association of...
Dec 17 2018 // Most of the action on insuring legal cannabis in California is in the surplus lines marketplace.The legalization of cannabis in California created many opportunities for insurers to get in on the ground floor in covering...
Dec 17 2018 // A Los Angeles, Calif., chiropractor has pleaded guilty to taking part in a $150 million workers’ compensation fraud scheme.Paul Turley of Granada Hills pleaded in early December to conspiracy to commit insurance...
Dec 17 2018 // NAS Insurance Services LLC has expanded its senior management team with several new appointments, including naming Marcus D’Anna chief financial officer.D’Anna’s appointment as CFO comes after five years...
Dec 14 2018 // Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In 2018, Safety...
Dec 14 2018 // USG Insurance Services Inc. has named Frances Meek a producer/broker in the Irvine, Calif. office. Meek will work to maintain current agent relationships and assist with expanding USG’s California network. Meek has...
Dec 14 2018 // State and federal authorities estimate that it will cost at least $3 billion to clear debris from 19,000 homes and businesses destroyed by three California wildfires last month.The disaster relief officials said the...
Dec 14 2018 // California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment.Utilities PG&E Corp.,...
Dec 13 2018 // California Insurance Commissioner Dave Jones is asking residential insurers to pay at least 75 percent and up to 100 percent of personal property or contents coverage in the event of a total loss without requiring...
Dec 13 2018 // Hub International Ltd. has acquired the assets of G.P. Barich Insurance Agency Inc. in Redlands, Calif.George Barich, president of Barich Insurance, will join Hub California and will report to Jim Jesser, executive vice...
Dec 13 2018 // Allstate this week announced estimated catastrophe losses for the month of November 2018 of $685 million, pre-tax ($541 million, after-tax).Catastrophe losses occurring in November comprised six events at an estimated cost...
Dec 13 2018 // The PURE Group has expanded its excess & surplus (E&S) high net worth offering, PURE Programs, into California.The coverage is tailored to high value, high-risk homes with broader coverage than is typically found...
Dec 12 2018 // The Workers’ Compensation Rating Bureau of California issued its quarterly experience report on Wednesday showing premium for the first nine months of 2018 was 3 percent below the same period for 2017.The WCIRB...
Dec 12 2018 // The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now.California Insurance Commissioner Dave Jones on Wednesday released official figures for losses from the...
Dec 12 2018 // AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los...
Dec 12 2018 // PG&E Corp. revealed that on the day California’s deadliest and most destructive wildfire started, its workers saw damage and a fire near one of its transmission towers, which are the focus of investigations and a...
Dec 12 2018 // Officials say a construction company and a logging firm have collectively agreed to pay $9 million for damages resulting from a 2012 wildfire that burned more than 1,600 acres of national forest land in Northern...
Dec 12 2018 // California utilities plan to insulate power lines, increase inspections and build new weather stations in areas at high risk for wildfires in an effort to combat increasingly destructive blazes.Southern California Edison...
Dec 11 2018 // PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern...
Dec 11 2018 // They have become known as the Angels of Paradise. But there is nothing ethereal about them.They are online sleuths who know how to find people, and they have been putting their skills to use in the aftermath of...