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More Insurance News
Geico Must Pay $23M to Southern California Motorist
A jury has decided Geico Insurance must pay a Southern California man nearly $23 million in compensation and damages after the company unreasonably delayed paying out on a $400,000 damage claim. The injured driver, Omar Dauod, maintains the delayed payment …
California Wildfire Insurance Bills Moved Forward by Committee
A policy committee in California Legislature has unanimously approved a pair of wildfire-inspired bills by Assemblyman Marc Levine requiring insurance companies to notify homeowners whether their policies are sufficient to rebuild or replace their homes after a disaster. Assembly Bill …
Tesla Probed by California Agency on Occupational Safety
Tesla Inc. is being probed by a California agency for occupational safety after a report that the electric carmaker failed to disclose serious injuries at a Fremont factory. The state’s Occupational Safety and Health Administration disclosed the inspection on Wednesday, …
Quake Scenario: More than 1M Bay Area Homes Could Suffer Extensive Damage
More than a million San Francisco Bay Area residents would face extensive damage to their homes after a major earthquake on the Hayward fault, according to a new earthquake scenario developed by the U.S. Geological Survey. The USGS findings, which …