California Insurance Industry - Wildfires

California insurance industry will face more wildfire losses in 2018

A new Moody’s report shows that insurance companies will endure more wildfire losses this year. The California insurance industry isn’t getting a year off from…

Cannabis Industry Insurance - Cannibas Scale - legal system

California Commissioner encourages insurers to sell cannabis industry insurance

Dave Jones is once again urging insurance companies to sell products to the legalized cannabis ecosystem. California Insurance Commissioner Dave Jones has previously urged insurers…

California insurance industry - flood program

California insurance industry warned of “significant risk” from Oroville Dam

Concern over the dangers presented from the 770 foot structure’s damaged spillway has not disappeared. The next rainy season is only months away and the…

homeowners insurance companies

California Insurance Commissioner granted greater homeowners coverage authority

The state’s Supreme Court ruled that the legislature gave California power to make certain specifications. The California Insurance Commissioner has the authority to decide which…

california insurance jobs

209,000 California insurance jobs could disappear from ACA repeal

The state has hired former U.S. Attorney General Eric Holder as outside counsel to overcome this challenge. As the Republican party launches its efforts to…

Arnold Schwarzenegger California insurance industry trends

California insurance industry trends forum hears from Schwarzenegger about risk

The former state governor and well known actor weighed in at the Southern California university event. Actor and former governor Arnold Schwarzenegger spoke at a…

insurance industry news bush fire

Wildfires in California hit the insurance industry with $1 billion in losses

Fired introduce more financial strain to the insurance industry Two wildfires in Northern California have destroyed almost 150,000 acres of land, causing approximately $1 billion…