On January 1st, the California Department of Insurance (CDI) issued a new law that requires most types of insurance producers, independent insurance adjusters, public insurance adjusters, brokers, and analysts, to include their insurance license number on all email communications. According to a recent legislative update by the California Insurance Wholesalers Association (CIWA), the law’s primary objective is “so consumers can…
The ballots are in, and the votes have been counted for the California 2022 Midterm Election. The following summarizes the results of critical measures that Californians voted on earlier this month. Proposition 1 – Passed Backed by pro-choice groups and the California Democratic party, the amendment that states that California’s constitution will not be allowed to interfere with or deny…
Commonly referred to as the “insurer of last resort,” the California FAIR Plan was established so that all property owners in the state have access to basic fire insurance when coverage in the traditional market is unavailable through no fault of the property owner. However, in 2020, when a wildfire raged through California’s Bay Area, a homeowner filed a claim…
On May 25, the U.S. Solicitor General advocated for the Supreme Court to deny the review of the California Trucking Association (“CTA”) case that challenges the application of the AB5 independent contractor law. The Court agreed and has granted an injunction to prohibit the enforcement of AB5 with respect to the trucking industry. According to the North American Transportation Association,…
The California Legislature has enacted several new labor and employment laws that will impact the workplace in 2022. For insurance brokers with business owner clients, the following summarizes the top seven changes that employers need to be aware of that could impact their business operations, policies and employees.
