Jury Finds GEICO Insurance Guilty Of Bad Faith, Awards Almost $23 Million in Damages
Newport Beach law firm Allen, Flatt, Ballidis & Leslie announced today that an Orange County jury has found GEICO Indemnity Insurance Co. (GEICO) guilty of operating in bad faith and using organization-wide stalling tactics to drag out an auto insurance policy settlement with a disabled Irvine businessman for almost six years.
April 13, 2018
Liability
Litigation
Risk Management
California
Six Months Later, Fire Victims Still Fighting Insurance Company
Monday marked six months since the first full day of the firestorm that destroyed entire neighborhoods in Napa and Sonoma counties. But half a year later, some families say they are still unable to move on, and they blame roadblocks from their insurance company.
April 10, 2018
Property
Risk Management
California
California Cannabis Insurance Claim Payout Is Largest To Date
A cannabis insurance payout has recently broken prior records in California. The Thomas Fire burned through a legal marijuana business at the close of last year (and the start of this one). The payout for the insurance claim was $1 million — higher than any previous payout in this category.
April 9, 2018
Excess & Surplus Lines
California
Earthquake A Reminder Of Risk, Reality Of Life In The Golden State
Southern California was rattled Thursday by a magnitude 5.3 earthquake that struck near the Channel Islands.
April 6, 2018
Catastrophe
California
Waymo CEO Says Self-Driving Tech Not To Blame In Deadly Tesla Crash
As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.s self-driving car unit is drawing distinctions between his companys technology and Tesla Inc.s Autopilot.
April 5, 2018
Auto
Liability
Technology
California
Trail Of Suspicious Claims Leads To Arson, Insurance Fraud Charges
A Winnetka man who owned a dental office building in Corona that was ravaged by a 2014 fire has pleaded not guilty to several insurance fraud charges plus grand theft, after an investigation outlined a series of suspicious claims for the building.
April 5, 2018
Fraud
Property
California
California Mudslide Insurance Losses Exceed $421M
A series of deadly mudslides along Southern Californias coast in January caused more than $421 million insured losses, the states insurance commissioner said on Monday.
April 3, 2018
Auto
Property
California
U.S. Safety Agency Criticizes Tesla Crash Data Release
The U.S. National Transportation Safety Board said on Sunday it was “unhappy” that electric car maker Tesla Inc (TSLA.O) made public information about the crash of its Model X vehicle on Autopilot that killed the driver last month.
April 2, 2018
Auto
Liability
Technology
California
Public Adjuster Sentenced To Prison For Keeping Insurance Payouts
An Orange County public adjuster was sentenced to 10 years in state prison today for pocketing more than $1.2 million from fire victims insurance payouts, the Los Angeles County District Attorneys Office announced.
March 28, 2018
Property
California
Evacuations Underway As Southern California Preps For Biggest Storm this Season
Evacuations are underway for thousands of California residents this week as the biggest storm of the season is expected to drop significant rainfall. Authorities have warned it could bring more havoc to areas that have been recently impacted by the states largest ever wildfire.
March 21, 2018
Auto
Property
California
Faulty Fire Sprinkler Ruins Roseville, Californina Home
A Roseville homeowner is sounding the alarm after a malfunctioning fire sprinkler destroyed her house. Durlye Warrens home is now gutted, the carpets ripped up, and the frame of her house exposed.
March 12, 2018
Excess & Surplus Lines
Property
Subrogation
California
Automation Creates New Challenges For Risk Managers
Manufacturing has changed monumentally with the introduction of new technologies and automated capabilities. Workers are now empowered and assisted by machines and digital automation of commercial organizations is something the insurance industry has had to keep a close eye on.
March 7, 2018
Excess & Surplus Lines
Property
Risk Management
California
Former Hospital Employee Guilty Of $26K Workers Comp Scam
A former Ventura hospital worker was ordered Thursday to pay more than $26,000 in restitution and sentenced to 60 days in jail for workers compensation insurance fraud.
March 7, 2018
Fraud
Workers' Compensation
California
30,000 Southern Californians Ordered To Evacuate Mudslide Danger Zone
The threat of deadly mudslides from an impending Pacific storm prompted authorities on Thursday to order mandatory evacuations for some 30,000 people living adjacent to fire-scarred foothills and mountain slopes along Californias Santa Barbara coast.
March 2, 2018
Property
California
As Storm Approaches, Evacuation Warning Issued For Southern California Mudslide Area
Authorities are urging people to flee areas devastated by a deadly California mudslide because of a coming storm. The Santa Barbara County Sheriffs Office says a recommended evacuation warning goes into effect at 8 a.m. Wednesday for Goleta, Santa Barbara, Montecito, Summerland and Carpinteria.
February 28, 2018
Property
California



