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California Needs to Make Changes to Address Its Climate Risk Crisis

California Needs to Make Changes to Address Its Climate Risk Crisis

California’s insurance challenges have roots going back decades. Yet they’ve come to the fore in the past five years, during which the five largest wildfires in the state’s history have occurred, according to Cal Fire.
August 7, 2023 Legislation & Regulation Property California

California’s Changing Coastline and the Role of Climate Change

California’s Changing Coastline and the Role of Climate Change

Waves are getting bigger and surf at least 13 feet (about 4 meters) tall is becoming more common off California’s coast as the planet warms, according to innovative new research that tracked the increasing height from historical data gathered over the past 90 years.
August 3, 2023 Property California

California Regulator Scrutinizes Connected Car Data Usage

California Regulator Scrutinizes Connected Car Data Usage

California’s privacy regulator said Monday it will be reviewing the data privacy practices of connected car manufacturers.
August 1, 2023 Legislation & Regulation Technology California

Solving California’s Property Insurance Crisis is a Balancing Act

Solving California’s Property Insurance Crisis is a Balancing Act

A brokerage leader has slammed California’s insurance commissioner, Ricardo Lara, for the worsening property insurance crisis in the state, saying over-regulation is contributing to increasing rates and carrier pullouts.
July 28, 2023 Insurance Industry Legislation & Regulation Property California

Cigna Faces Class-action Over Coverage Denials by AI Claims System

Cigna Faces Class-action Over Coverage Denials by AI Claims System

Cigna is facing a class-action lawsuit that accuses the company of employing an algorithm to review and reject hundreds of thousands of patient health insurance claims, with minimal individual doctor oversight.
July 26, 2023 Life & Health Litigation Technology California

Coinbase Prevails at Supreme Court in Arbitration Dispute

Coinbase Prevails at Supreme Court in Arbitration Dispute

When a federal district court denies a motion to compel arbitration, the losing party has a statutory right to an interlocutory appeal. In the case of Coinbase, Inc. v. Bielski, 22-105 (June 23, 2023), the Supreme Court of the United States considered the sole question of whether the district court must stay its proceedings while the interlocutory appeal is ongoing.
July 19, 2023 Litigation California

Farmers Insurance Joins Allstate and State Farm in Limiting Policies in California

Farmers Insurance Joins Allstate and State Farm in Limiting Policies in California

Farmers Insurance has become the latest company to restrict new homeowner policies in California due to soaring inflation and a surge in severe weather events, which have escalated business expenses. The decision, effective as of July 3, applies to new policies only.
July 10, 2023 Insurance Industry Property California

 Fiery Tesla Crash Claims Three Lives in Murrieta, California

Fiery Tesla Crash Claims Three Lives in Murrieta, California

Three people were killed, and another was seriously injured after a single-vehicle crash that caused the car to burst into flames in the parking lot of an elementary school Saturday night in Murrieta, authorities announced.
July 10, 2023 Auto California

Los Angeles County Homes Slowly Destroyed by Landslide

Los Angeles County Homes Slowly Destroyed by Landslide

A terrifying incident unfolded in Los Angeles County over the weekend as a major landslide caused the foundations of a dozen homes to shift, endangering the lives of residents and leaving the houses on the brink of collapse.
July 10, 2023 Property California

A Seismic Shift for Bodily Injury Claims

A Seismic Shift for Bodily Injury Claims

A California Court of Appeal decision in April could change the landscape for those defending bodily injury claims, potentially preventing defendants from obtaining the mental examinations that they are entitled to as a matter of law.
July 6, 2023 Litigation California

California Appeals Court Overturns Denial of COVID-19 Insurance Claim

California Appeals Court Overturns Denial of COVID-19 Insurance Claim

Citing a communicable disease coverage extension, a California state appeals court overturned a lower court Thursday and ruled that a restaurant group was entitled to insurance coverage from an Allianz SE unit for its COVID-19-related business interruption losses.
June 26, 2023 Litigation Property California

Lightning Caused $952M in U.S. Insurance Claims in 2022

Lightning Caused $952M in U.S. Insurance Claims in 2022

More than $950 million in lightning-caused U.S. homeowners insurance claims were paid out in 2022 to 62,000-plus policyholders, with $125 million of the total attributable to California alone, according to the Insurance Information Institute (Triple-I.).
June 16, 2023 Property California Florida Georgia Texas

Insurers Fleeing California Market Want Rate-Hike Flexibility

Insurers Fleeing California Market Want Rate-Hike Flexibility

As property insurers flee California, a state riven by billion-dollar wildfires, mudslides, and the ever-present threat of a catastrophic earthquake, state lawmakers on Wednesday will take up the complex but necessary issue of how to convince the carriers to stay.
June 14, 2023 Insurance Industry Legislation & Regulation California

Chevron Faces $63M Verdict for Concealing Toxic Pit Near Santa Barbara

Chevron Faces $63M Verdict for Concealing Toxic Pit Near Santa Barbara

A California jury has returned a $63 million verdict against Chevron after finding the oil giant covered up a toxic chemical pit on land purchased by a man who built a house on it and was later diagnosed with a blood cancer.
June 13, 2023 Liability Litigation California

Can Mandatory Liability Insurance for Gun Owners Reduce Violence?

Can Mandatory Liability Insurance for Gun Owners Reduce Violence?

The idea has been floated for years, and it may seem straightforward enough: if gun owners were required to purchase liability insurance, proponents argue, they would have to follow safe practices to limit their financial and legal risk, thus reducing incidents of gun violence.
June 12, 2023 Legislation & Regulation Liability California New Jersey
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