Member News
The Workers’ Compensation Insurance Rating Bureau of California’s Actuarial Committee is set to talk about insurer experience, and the impact of the economic slowdown on the pure premium.
The committee is set to meet virtually at 9:30 a..m on March 21. The meeting is open to the public.
A California fund to encourage wildfire innovation and lower the severity and frequency of catastrophic wildfire is getting a $25 million boost.
Walnut Creek, Calif.-based CSAA Insurance Group made a $25 million commitment to the California Wildfire Innovation Fund, a climate-solutions strategy to help reduce the severity and frequency of catastrophic wildfires by supporting forest restoration-related economic development.
Relentless storms from a series of atmospheric rivers have saturated the steep mountains and bald hillsides scarred from wildfires along much of California’s long coastline, causing hundreds of landslides this month.
So far the debris has mostly blocked roads and highways and has not harmed communities as in 2018 when mudslides roared through Montecito, killing 23 people and wiping out 130 homes.