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First of three more storms hits California as drought retreats

January 19, 2017 John Antczak - THE ASSOCIATED PRESS

LOS ANGELES – The worst area of drought in California has significantly narrowed to a small region northwest of Los Angeles that has stubbornly failed to benefit from Pacific storms that have drenched much of the state since the fall

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Small tornado touches down as storm wallops California

January 11, 2017 Eric Risberg and Janie Har - THE ASSOCIATED PRESS

SAN FRANCISCO – A small tornado was whipped up as part of a powerful band of thunderstorms that moved through Northern California during the latest deluge that has downed trees, swollen rivers and prompted evacuations over flood fears. The tornado

News CatastrophesInsuranceMergers and Aqcuisitions

Storm floods vineyards, forces evacuations in Calif., Nevada

January 9, 2017 Ellen Knickmeyer - THE ASSOCIATED PRESS

FORESTVILLE, Calif. – A massive storm system stretching from California into Nevada lifted rivers climbing out of their banks, flooded vineyards and forced people to evacuate after warnings that hillsides parched by wildfires could give way to mudslides. Northern California’s

News InsuranceMarkets / CoveragesTechnology

Uber pulls self-driving cars from California roads

December 22, 2016 Sudhin Thanawala - THE ASSOCIATED PRESS

SAN FRANCISCO – Uber pulled its self-driving cars from California roads after state regulators moved to revoke their registrations, officials said Wednesday. The move comes after a week of talks between the ride-hailing company and state regulators failed. Hours after

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsTechnology

California, Uber in legal showdown over self-driving cars

December 15, 2016 Justin Pritchard and Michael Liedtke - THE ASSOCIATED PRESS

SAN FRANCISCO – Uber is riding its self-driving cars into a legal showdown with California regulators. The ride-hailing company is refusing to obey demands by the state’s Department of Motor Vehicles that it immediately stop picking up San Francisco passengers

News Climate ChangeInsuranceMarkets / Coverages

Ontario cap-and-trade won’t limit emissions through 2020: environment watchdog

November 22, 2016 The Canadian Press

TORONTO – Ontario’s environmental commissioner says the upcoming cap-and-trade program will not limit the province’s greenhouse gas emissions through to 2020. In a report released today, Dianne Saxe says that after Ontario’s system is linked with California and Quebec’s in

News Climate ChangeInsuranceLegislation / RegulationMarkets / Coverages

Ontario, Quebec and California hold “linked carbon market” meeting at COP22

November 16, 2016 by Canadian Underwriter

The governments of Ontario, Quebec and California held a tri-lateral meeting on Wednesday to further efforts to reduce greenhouse gas (GHG) emissions while boosting economic growth by linking cap-and-trade programs and expanding carbon markets. Ontario’s Minister of the Environment and

News CatastrophesInsuranceMergers and Aqcuisitions

1.8 million homes in 13 western states at extreme or high risk of wildfire damage: CoreLogic

October 26, 2016 by Canadian Underwriter

Nearly two million homes in 13 western states are at an extreme or high risk of wildfire damage, according to a new report from CoreLogic, Inc. CoreLogic, a global property information, analytics and data-enabled solutions provider, said on Wednesday that

News CatastrophesInsuranceMergers and Aqcuisitions

Mandatory, voluntary evacuations issued in wake of California, Nevada wildfires

October 14, 2016 by Canadian Underwriter

Mandatory evacuations have been issued for 500 residences in northeastern California after a wildfire began early Friday morning. The California Department of Forestry and Fire Protection (Cal Fire) said in a statement on Friday that voluntary evacuations have been issued

News CatastrophesClimate ChangeInsuranceMergers and Aqcuisitions

California heat wave intensifies wildfire threatening homes

September 27, 2016 Noah Berger and Kristin J. Bender - THE ASSOCIATED PRESS

MORGAN HILL, Calif. – A heat wave stifling drought-stricken California worsened a wildfire Tuesday that burned buildings and forced people from their homes in remote communities along the Santa Cruz Mountains. The blaze in a rugged area about 30 miles

News CatastrophesInsuranceLegalMergers and AqcuisitionsReinsurance

Reinsurance disputes and CBI exposures possible after North American wildfires and Louisiana floods: CMS lawyer

September 2, 2016 by Canadian Underwriter

A year of fire and floods in North America could lead to a repeat of 2007, when reinsurance disputes emerged over causation issues, a lawyer with global law firm CMS said on Friday. Alex Denslow, a partner with the Insurance

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Wildfire prompts evacuations of 700 homes in California

August 31, 2016 The Associated Press

BANNING, Calif. – A wildfire that tore through brush east of Los Angeles forced 700 people from their homes for several hours Tuesday and destroyed a small building, officials said. The fast-moving fire prompted the evacuations as it raced through