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Earthquake Insurance Campaign Successful; Policies Increase Among California Homeowners

A record number of homeowners have purchased California earthquake insurance following a significant effort to encourage consumers to buy coverage. In 2016, the California Earthquake Authority (CEA) rolled out a number of new policy options and other offerings to boost the accessibility of coverage.
May 2, 2017 Catastrophe Property California

U.S. Wildfire Risk Is Above Average For Southwest, Florida

Wildfires this summer are expected to be most severe in southwestern U.S. states, Florida, Georgia and in some parts of California and Nevada, forecasters said Monday.
May 2, 2017 Property Arizona California Florida Georgia Nevada

Insurtech Hippo Launches In California

Hippo Insurance, provider of “smart home coverage for modern households,” has officially launched in California following a $14 million funding round in December led by Horizons Ventures.
April 27, 2017 Property Technology California

Rising Seas Claiming California’s Coast Faster Than Scientists Imagined

A slow-moving emergency is lapping at California’s shores — climate-driven sea-level rise that experts now predict could elevate the water in coastal areas up to 10 feet in just 70 years, gobbling up beachfront and overwhelming low-lying cities.
April 27, 2017 Catastrophe Property California

Thieves Grab $24K Worth Of Apple Products From Corte Madera Store

$24,000 worth of computers, iPads and iPhones were stolen from an Apple Store in Corte Madera, police said. The same store was robbed just months ago.
April 27, 2017 Excess & Surplus Lines California

Deadly Chain-Reaction Crash On Los Angeles Freeway

Two big trucks and several smaller vehicles collided on Interstate 5 just north of downtown Los Angeles Tuesday, killing one person and injuring 10 others. The wreck just before 11 a.m. local time forced the closure of the freeway in both directions as flames raged through the wreckage strewn across the southbound lanes.
April 26, 2017 Auto Excess & Surplus Lines Liability California

Specialist Surplus Lines Coverage Needed For Wildfire Zones

Wildfires are brutal, fast, and indiscriminate in the carnage they wreak. Yet, in some states, they’re so commonplace they have their own season.
April 24, 2017 Excess & Surplus Lines Property California Colorado Kansas Oklahoma Texas

Fraud Ring Involving 13K Workers’ Comp Patients Busted In California

Insurance Commissioner Dave Jones and Orange County District Attorney (OCDA) Tony Rackauckas announced a shutdown of a $40 million fraudulent medical billing and kickback operation with the filing of charges against more than two dozen doctors, pharmacists and business owners.
April 24, 2017 Fraud Workers' Compensation California

New WCRI Studies Examine Trends In Claim Costs And Impact Of Reforms In 18 State Workers’ Compensation Systems

The claim costs and other metrics of 18 state workers’ compensation systems are analyzed in depth in a new series of studies, CompScope™ Benchmarks, 17th Edition, released by the Workers Compensation Research Institute (WCRI).
April 19, 2017 Legislation & Regulation Workers' Compensation California Florida Georgia Illinois Indiana

More Travelers Purchasing Insurance Against Terrorism Losses

Leading travel insurance trends aren’t just focused on hurricanes and illness anymore. A considerable number of traveler inquiries are now seeking to make certain that they are protected against losses from terrorism, too.
April 19, 2017 Alabama Alaska Arizona Arkansas California

Fraud Schemes Put Golf Club Manager On Most Wanted Fugitive List

The former general manager of a golf club and a contractor have been arrested and charged with stealing hundreds of thousands of dollars, which led to the club’s demise.
April 19, 2017 Excess & Surplus Lines Fraud California

Climate Change Necessitates New Tactics To Wildfire Management

During the height of the Soberanes Fire last September in Central California, the United States Forest Service estimated it was costing about $8 million per day to fight the wildfire.
April 18, 2017 Property California Colorado

Solar Energy: So Hot Right Now In The Insurance World

Solar energy is taking over the energy space in the United States, and that’s good news for the environment — and for insurers.
April 18, 2017 Excess & Surplus Lines Liability Arizona California

Orange County Couple Arrested For Driver Switch Fraud Scheme

Lamont Goodwin, 33, and Sylvia Camarillo, 31, were arrested yesterday by California Department of Insurance (CDI) detectives on multiple felony charges of insurance fraud after allegedly submitting a fraudulent claim and filing a false police report in an attempt to bilk their insurer out of $18,000 for damages not covered by their insurer.
April 17, 2017 Auto Fraud California

Blaze Rips Through Neighboring Homes In Los Angeles

A fire that broke out in Pacific Palisades Thursday morning killed a family pet and injured five people, including a husband and wife who were in critical condition, according to a fire official.
April 14, 2017 Property California
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