A delivery driver has won $50 million in a lawsuit after being seriously burned when a Starbucks drink spilled in his lap at a California drive-through, court records show. A Los Angeles County jury found Friday for Michael Garcia, who underwent skin grafts and other procedures on his genitals after a venti-sized tea drink spilled … Read more
California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim homeowners insurance rate hike, the California Department of Insurance announced on Friday. The approval depends on whether the company can justify the rate increase with data during a public hearing scheduled for April 8. In a statement, State Farm said, “It’s … Read more
In a competitive hospitality landscape, knowing and using strong risk management techniques becomes a key part of thriving and succeeding in this ever-changing field. Dealing with the complexities of the restaurant business requires a detailed approach to managing risks, which is key to protecting both the assets of the business and its reputation. Restaurants face … Read more
Renters insurance is something that many people forget they need when living in rental homes, especially in a lively and varied state like California. Is Renters Insurance Required in California? California has different types of urban areas, coastal regions, and earthquake risks, making renters insurance not just a good idea but a must-have. Many renters … Read more
In insurance circles Florida and California have the dubious distinction of being perennial problem children for home and auto insurance. In both states insurance markets have been severely disrupted by unique factors unknown in any other state. In Florida, the disruptor was litigation gone wild. Florida is home to “nearly 80 percent” of the entire … Read more
