Legacy Id
34

California Earthquake Authority Named Administrator of Wildfire Fund

The California Catastrophe Response Council, which oversees the Wildfire Fund, has formally named the California Earthquake Authority the fund’s administrator.

The Wildfire Fund was established by the California Legislature, under Assembly Bill 1054 and Assembly Bill 111, and was signed into law by Gov. Gavin Newsom on July 12, 2019. At that time, CEA was designated the fund’s interim administrator until the nine-member California Catastrophe Response Council could be formed and appoint an administrator.

California Tells Insurers to Investigate All COVID-19 Business Interruption Claims

California Insurance Commissioner Ricardo Lara on Tuesday issued a notice requiring insurance companies and other California Department of Insurance licensees to comply with their obligations to fairly investigate all business interruption claims caused by COVID-19.

The notice follows numerous complaints from businesses, public officials, and other stakeholders of certain insurance representatives attempting to dissuade business policyholders affected by COVID-19 from filing a notice of claim under business interruption insurance coverage or refusing to open and investigate these claims upon receipt of a notice of claim, according to the CDI.

California Places All Residents Under ‘Stay at Home’ Order

California’s governor on Thursday issued an unprecedented statewide “stay at home order” directing the state’s 40 million residents to hunker down in their homes for the foreseeable future in the face of the fast-spreading coronavirus pandemic.

Governor Gavin Newsom’s directive, effective immediately, marks the largest and most sweeping government clampdown yet in the worsening public health crisis brought on by the COVID-19 outbreak, which he predicted could infect more than half the state within eight weeks.