Latest California Headlines

All the headlines from our California Topic Page, ordered by recency.

Watchdog Group Wants California to Look into Claims in ProPublica Report

Apr 7 2017 // Consumer Watchdog, a California-based advocacy group, is asking the state’s insurance commissioner to open an investigation into the alleged redlining uncovered by a ProPublica report that claims that four auto...

California Governor Wants to Unite Marijuana Laws

Apr 7 2017 // Whether one entity can legally grow and sell marijuana at the retail level in California is emerging as one of the biggest conflicts state authorities are wrestling with as they move to streamline regulations and adopt the...

California Worker’s Comp Governing Committee Votes for Lower Mid-Year Filing

Apr 6 2017 // The insurer and public members of the Workers’ Compensation Rating Bureau Governing Committee have voted to authorize the Governing Committee to submit a lower mid-year pure premium rate filing to the California...

Trov in California Closes $45M in Series D Financing for Insurtech

Apr 6 2017 // San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million.All of Trov’s Series C investors...

JLT Specialty Names Shiels Senior Vice President in California

Apr 6 2017 // JLT Specialty USA has named Gavin Shiels senior vice president.Shiels will be based in San Francisco, where his primary focus will be on client development within JLT’s real estate practice. Shiels has more than a...

Starr’s Caporelli Joins Rockhill Environmental Team in California

Apr 6 2017 // The Rockhill Insurance Group has named Steve Caporelli to its environmental unit. Caporelli will be based in the San Francisco, Calif. office. Caporelli more than 15 years of underwriting and risk assessment experience. He...

Claims Manager at Golden Bear in California Addresses Agency Fraud

Apr 6 2017 // Beth Ossino, claims manager at Golden Bear Insurance Co. in Stockton, Calif., puts dealing with agency fraud high on her radar.She talked with Insurance Journal about agency fraud, and how agency owners should go about...

ProPublica Report Alleges Auto Insurers Overcharge Minorities

Apr 5 2017 // A new report published by ProPublica accuses the auto insurance industry of pricing discrimination against minorities.The report, titled Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the...

Alliant Acquires SES Insurance Brokerage Services in Southern California

Apr 5 2017 // Alliant Insurance Services Inc. has acquired SES Insurance Brokerage Services Inc. in Santa Ana, Calif. SES will join Alliant MGA and program administrator. The executive leadership team of SES will continue to operate the...

Online Tool Locates California Agents, Brokers Who Speak A Foreign Language

Apr 4 2017 // The California Department of Insurance has launched an online language locator tool to enable consumers to find insurance agents and brokers in their area who speak their language.The tool gives access to information on...

Ascension Acquires Yosemite Pacific’s California Operations

Apr 4 2017 // Walnut Creek, Calif.-based Ascension Insurance Services Inc., dba Pan American Insurance Agency Inc., entered into an agreement on March 31 with Ag Providers Insurance Services LLC, dba Yosemite Pacific Insurance Services...

California State Fund 2016 Report Shows 128K Policies Written

Apr 4 2017 // The California State Compensation Insurance Fund’s 2016 annual report shows a net income of $192 million in 2016.Other important highlights from the newly released report include: 128,000 policies written in...

CastlePoint National in California Ordered into Liquidation

Apr 3 2017 // CastlePoint National Insurance Co., the California insurance company affiliate of the defunct Tower Group, has been ordered into formal liquidation, paving the way for protection of CastlePoint’s policyholders...

Non-Compete Agreements and Poaching Take Spotlight in Aon – Alliant Lawsuit

Apr 3 2017 // A legal battle between two insurance brokerages over whether a former employee violated noncompete agreements and poached numerous employees is not over yet, but the brokerage bringing the charges has scored key early...

A Look at Restrictive Covenants and Obstacles that Keep Producers from Making a Move

Apr 3 2017 // If someone were to offer you $1 million to make a job move, would you? What if that move meant you’d go through some lean years?For $1 million, you’d likely tolerate several lean years. An entrepreneurial model...

California Workers Comp Medical Review Volume Hit a Record in 2016

Apr 3 2017 // The California workers’ compensation independent medical review process used to resolve medical disputes found that in 2016 IMR physicians once again upheld about 90 percent of utilization review (UR)...

2 California Congressmen Introduce Earthquake Mitigation Tax Incentives

Apr 3 2017 // A pair of Congressmen from California in late March introduced the Earthquake Mitigation Incentive and Tax Parity Act of 2017 to exclude incentives for residential seismic retrofits from federal taxation.The act was...

California City Seeks to Improve Safety by Scanning License Plates

Apr 3 2017 // A California city plans to scan the license plates of all incoming cars by placing stationary cameras at key intersections in a bid to boost public safety.The seaside city of Carlsbad will spend $1 million to add cameras...

California Road Plan Calls for Boosting Gas Tax, Vehicle Fees

Mar 31 2017 // California Gov. Jerry Brown and fellow Democrats who control the state Legislature are proposing to raise $52.4 billion over 10 years by significantly boosting fuel taxes and vehicle fees.The money would go toward fixing a...

Alliant Handed Victory over Aon in 1 of 3 ‘Poaching’ Suits

Mar 30 2017 // A jury in Fresno, Calif. has ruled against Aon Corp. in yet another poaching lawsuit that involves the U.K. brokerage and rival Alliant Insurance Services.The jury rejected every claim by Aon levied against Newport Beach,...