California lawmakers proposing changes in the state’s insurance laws face their first significant hurdles in the next two weeks.
With less than a month away from the Governor’s introduction of California’s 2021 budget, the Assembly Budget Committee recently unveiled its Blueprint for a Responsible Budget for the upcoming 2021-22 budget, a presentation of the Assembly’s spending priorities.
On Thursday, December 3, 2020, California Governor Gavin Newsom announced the release of a new regional Stay-at-Home Order in response to increases in rates of new COVID-19 infections, hospitalizations and deaths across the state.
California Governor Gavin Newsom’s proposed budget for FY 2020-21 projected a $7 billion surplus and record state spending, but his revised budget projects as much as a $54 billion deficit in light of COVID-19’s impact on the state’s economy and deep revenue reductions.
While some congressional voices are raising a clamor for new immunities from COVID-19 liability, state legislators and regulators across the nation are pushing hard in the opposite direction, and continue to assess more liability and shift more economic responsibility to insurers since the outbreak ...
This week, California Department of Insurance (CDI) Commissioner Ricardo Lara ordered property casualty insurers to refund insurance premiums to consumers and businesses for the months of March and April due to state and local stay-at-home restrictions.
With statewide and local orders shutting down nonessential businesses, the question of whether insurance will cover business losses is now front and center.
The financial impacts to the healthcare sector caused by COVID-19 are likely to be complex and far-reaching.
In an effort to protect the health and well-being of all Californians, Governor Gavin Newsom issued Executive Order N-33-20 (Order) directing all Californians to stay home to slow the spread of COVID-19. Roughly 25 percent of all Californians were already under some form of “shelter in ...
Following Governor Gavin Newsom’s address, the acting chief deputy director of the state’s Office of Emergency Services (OES), Christina Curry, provided additional insight about Executive Order N-33-20 (Order).