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Los Angeles Fires Become Existential Test for California’s Stopgap Insurer

Jan 9 2025 // The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history, draining insurance coffers and threatening California’s massive state-sponsored insurance...

Businesses Sue State Over New California Workplace Law

Jan 9 2025 // California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings at work.The state’s Chamber of Commerce and California Restaurant Association filed the...

California Wildfires Will Likely Lead to Large Economic and Insured Losses

Jan 8 2025 // Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say...

Mercury Insurance to Return to Fire-Ravaged Paradise, California

Jan 8 2025 // Mercury Insurance announced this week that the company will begin writing new homeowners insurance policies in the town of Paradise, California.Mercury says it is the first major insurance company to begin offering...

Exxon Sues California AG, Environmental Groups Over ‘Smear’

Jan 7 2025 // Exxon Mobil Corp. filed a lawsuit alleging that California Attorney General Rob Bonta and several environmental groups made defamatory comments about the oil company’s ability to recycle plastic.Exxon accused Bonta,...

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