California could become the first US state to mandate climate-related financial disclosures for insurers after more than 60 public interest groups petitioned insurance commissioner Ricardo Lara yesterday.
By Chris Seekings, THE ACTUARY
March 22, 2019
https://www.theactuary.com/news/2019/03/thousands-of-us-insurers-could-…
By Tom Kisken, THE VENTURA COUNTY STAR
March 22, 2019
https://www.vcstar.com/story/news/local/2019/03/22/pay-clinicas-execs-q…
The tax documents showed up on a reporter’s desk multiple times, all sent anonymously. One of the senders marked gaudy compensation levels with a highlighter, scrawling a note in a margin.
By Staff Reporters, INTELLIGENT INSURER
March 22, 2019
https://www.intelligentinsurer.com/news/campaigners-could-force-1-300-i…
A petition, signed by 60 organisations, has called for more than 1,300 insurance companies that do business in California to disclose the fossil fuel projects they insure and invest in.
By Staff Reporters, INSURANCE JOURNAL
March 21, 2019
https://www.insurancejournal.com/news/west/2019/03/21/521377.htm
More than 60 environmental, consumer and social justice organizations on Thursday delivered a petition to California Insurance Commissioner Ricardo Lara seeking what is believed would be the first regulations in the nation requiring insurance companies to disclose the fossil fuel projects they insure.
By Cara Salvatore, LAW 360
March 21, 2019
https://www.law360.com/articles/1141417/insurers-must-name-climate-prob…
Law360 (March 21, 2019, 8:44 PM EDT) -- California is under pressure to force insurers to name the fossil-fuel projects they insure and underwrite, with nonprofit groups calling Thursday for emergency measures from the state’s insurance regulator.
Op-Ed by Susan Shelley, THE LOS ANGELES DAILY NEWS
March 19, 2019
https://www.dailynews.com/2019/03/19/ladwp-and-the-case-of-the-twice-fl…
Solid evidence of collusion has emerged, but not where you may have been expecting to see it.
Op-Ed Commentary by Tom Elias, THE DAVIS ENTERPRISE
March 15, 2019
https://www.davisenterprise.com/forum/opinion-columns/tom-elias-lets-ma…
Travel back in time to the mid-1980s, when California’s insurance rates for both cars and property were nearly the highest in America and climbing fast. In that era, state insurance commissioners, who held the power to stop much of that acceleration, were appointed by the governor.
Testimony and documents submitted in federal court earlier this month said that an outside attorney retained to defend the city and the utility also represented a ratepayer who was the lead plaintiff in a 2015 class action lawsuit against the city. The city attorney’s office said it is investigation the allegation.
By Elizabeth Chou, LOS ANGELES DAILY NEWS
March 14, 2019
By Dakota Smith & Kim Christensen, LOS ANGELES TIMES
March 13, 2019
https://www.latimes.com/local/lanow/la-me-ln-paradis-dwp-lawsuit-201903…
The Los Angeles Department of Water and Power's reputation hit a low six years ago when the agency’s new billing system sent out wildly inaccurate bills, overcharging hundreds of thousands of customers.
