All the headlines from our California Topic Page, ordered by recency.
Feb 5 2015 // Palomar Specialty Insurance Co. announced that it has successfully completed a $17.5 million surplus note issuance in a private placement to RenaissanceRe Ventures Ltd. and funds under management by a premier asset...
Feb 4 2015 // A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example.Whether the National...
Feb 4 2015 // Berkshire Hathaway Specialty Insurance has named Akshay Gupta senior vice president and head of catastrophe engineering and analytics.Gupta is based in the San Francisco Bay area. Gupta has more than 20 years of experience...
Feb 4 2015 // Protector Holdings has acquired Brea, Calif.-based Peartree Insurance Services.Terms of the deal were not disclosed. Peartree specializes in providing insurance services to Hispanic consumers.Protector Holdings in 2013...
Feb 3 2015 // California’s State Compensation Insurance Fund has filed for a 9 percent increase in collectible premium that will apply to new and renewal workers’ compensation policies effective on or after April 1.Although...
Feb 3 2015 // An Upland, Calif. man has pleaded guilty to federal bank fraud and tax charges in relation to a loan scam that reportedly netted him more than $5.9 million.Derek Richard Brewart, 53, a former licensed insurance agent and...
Jan 30 2015 // Grass Valley, Calif.-based Networked Insurance Agents has named Phyllis Hayes sales vice president. Hayes will be the key point of contact for independent agency members in the Los Angeles County, Ventura County, San...
Jan 30 2015 // Woodruff-Sawyer & Co. has named Jared Pelissier a partner and senior vice president in the Southern California office. Pelissier specializes in management liability and cyber liability risks for companies of all sizes...
Jan 30 2015 // Lyft Inc.’s practice of treating drivers as independent contractors was questioned by a federal judge who said that under California law they may be considered employees who would qualify for minimum wage and other...
Jan 30 2015 // A moderate earthquake with a preliminary magnitude of 5.7 struck off the coast of Northern California on Jan. 28.The U.S. Geological Survey reports the quake shook at 1:08 p.m. about 40 miles southwest of Eureka. Lt. Wayne...
Jan 29 2015 // ISU Cormarc Tasman Insurance Agency was recently formed by combining ISU Cormarc Insurance Services headquartered in Murrieta, Calif. with ISU Insurance Services Tasman in Ladera Ranch. The headquarters for the new agency...
Jan 29 2015 // Detectives from the California Department of Insurance’s insurance fraud enforcement division arrested 15 Los Angeles area residents Thursday morning for allegedly staging auto collisions and filing more than...
Jan 28 2015 // Super Bowl Sunday is among the most dangerous days to venture onto California roads as gatherings for the game at parties or restaurants prompt drivers to consume alcohol.More drinking-related crashes happen in California...
Jan 28 2015 // California Insurance Commissioner Dave Jones has approved a filing that will enable Uber drivers purchasing coverage through Metromile to add a new coverage endorsement to their personal auto policy.That endorsement will...
Jan 28 2015 // The California Department of Insurance has approved the state’s first private passenger auto policy endorsement specifically crafted to cover drivers for transportation network companies like Uber and Lyft. Coming...
Jan 27 2015 // Chevron says it agrees with several findings in a federal report about a 2012 fire at one of its refineries in California’s San Francisco Bay Area.But it adds the report by the U.S. Chemical Safety Board inaccurately...
Jan 27 2015 // The California Public Utilities Commission has fined Pacific Gas & Electric $530,000 for safety violations it says it found during audits that began in 2012.The commission says in a Friday statement that the fines...
Jan 27 2015 // A sex abuse case claiming negligence against the Boy Scouts is getting underway in California and will include the use of previously undisclosed information from “perversion” files kept by the organization.The...
Jan 26 2015 // Worldwide Facilities Inc. has named Joe Rowland vice president and broker specializing in casualty products in its Irvine, Calif. office. Rowland will be responsible for new business development in the casualty...
Jan 26 2015 // The National Association of Insurance Commissioners has begun a 30-day comment period on a draft white paper (available here) that no doubt will shape the development in states across the country of insurance requirements...