Risk Aggregation A Key Concern As Wildfire Severity Rises
Imagine 74 of the 75 largest cities in the United States going up in flames over the course of a few months. The loss would be astronomical.
October 10, 2019
Property
Risk Management
Arizona
California
Colorado
Idaho
Montana
PG&E Taking Extreme Measures To Manage Wildfire Risk
Californias largest utility, Pacific Gas & Electric (PG&E) cut off power to parts of 22 counties in northern California Wednesday. Roughly 500,000 customers have been affected by the outage, and numerous schools have cancelled classes.
October 10, 2019
Catastrophe
Property
Risk Management
California
SoCal Edison Crane Falls On Home, Injures Pastor
Video captured the moment a Southern California Edison crane fell over in a residential area of Long Beach Monday afternoon, injuring one person.
October 9, 2019
Excess & Surplus Lines
Liability
Property
Subrogation
California
Physicians Increasingly Face “Hybrid” Medical Liability Claims
California physicians are increasingly facing “hybrid” lawsuits alleging professional negligence as well as medical battery from plaintiffs who want to avoid the states long-standing $250,000 limit on what juries can award for noneconomic damages in medical liability cases.
October 9, 2019
Liability
Litigation
California
Supreme Court Rejects Utilitys Appeal On Who Pays For Wildfire Costs
The U.S. Supreme Court on Monday morning said it will not hear San Diego Gas & Electrics appeal of a California Supreme Court case that turned back the utilitys request to pass along $379 million in costs related to the 2007 wildfires that blazed through San Diego County.
October 8, 2019
Excess & Surplus Lines
Liability
Property
California
Judge In California Insurance Case Refuses To Change Ruling In Favor Of Lara Donor
For the second time in three months, a judge for the California Department of Insurance has refused to change or reconsider his ruling in a workers compensation case, despite direction from Commissioner Ricardo Lara or his special counsel.
October 7, 2019
Workers' Compensation
California
Is California Ignoring The Science On Wildfire-Prone Housing?
Californias top firefighting authorities want to use chainsaws and flames to thin out forests and mow down brush on at least half a million acres a year from Redding to San Diego.
October 7, 2019
Legislation & Regulation
Property
California
Mercury Insurance Ends Fight With California For Record $41 Milion
Mercury Insurance Co. is ending its two-decade battle with California regulators over extra fees charged to customers by agreeing to pay the state more than $41 million, California Insurance Commissioner Ricardo Lara said Wednesday.
October 3, 2019
Legislation & Regulation
Litigation
California
Flames Rip Through Four Encinitas Businesses Housed In Iconic Building
A two-alarm fire ripped through Mozy Cafe and three other businesses early Monday, gutting the colorful iconic Leucadia building along North Coast Highway 101, and arson investigators are trying to determine what ignited the blaze.
October 1, 2019
Property
California
Car Slides Into Sinkhole On Street Flooded By Water Main Break
A 4-foot-deep sinkhole that formed after a water main ruptured in an Escondido neighborhood Tuesday morning swallowed a car parked along the street, filling the car with muddy water that could be seen pouring from its windows.
Water flooded the streets, surrounding parked cars and even seeping into at least two homes, the city confirmed.
September 27, 2019
Auto
Property
Subrogation
California
Water flooded the streets, surrounding parked cars and even seeping into at least two homes, the city confirmed.
Over 1.2 Million Nissan, Infiniti Models Recalled Over Backup Camera Issue
Once a luxury, backup cameras are now a federally mandated piece of technology in all new cars. As such, any quirks with the systems can lead to recall headaches, as Nissan and its luxury division Infiniti are now experiencing.
September 24, 2019
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
PG&E Confirms $11B Settlement With California Wildfire Re/Insurers
PG&E Corporation and Pacific Gas and Electric Company (PG&E) has confirmed an $11 billion agreement to resolve all insurance subrogation claims arising from the 2017 Northern California wildfires and the 2018 Camp Fire.
September 23, 2019
Catastrophe
Liability
Property
Subrogation
California
Singer Josh Turners Crew Involved In Fatal Tour Bus Crash In California
CHP says a man is dead following a tour bus crash near Shandon Wednesday night. CHP has ruled out drugs or alcohol being a cause of the crash.
September 19, 2019
Auto
Liability
California
San Francisco Bay Area Homeowners Losing Coverage Regardless Of Fire Mitigation Efforts
Frances Mann-Craik loves living amid the trees along Highway 35. But her quiet life in the mountains above Silicon Valley is about to get a lot more expensive.
September 16, 2019
Property
California
Report: California Has Most Homes At Extreme Risk Of Wildfire Damage This Season
Nearly 776,000 homes are at extreme risk of wildfire damage across the U.S. with a potential reconstruction cost value of over $220 billion, according to a report released Thursday by the Irvine-based property data company CoreLogic.
September 13, 2019
Property
California



