Stacy-Ann Holgate Insurance Agency

01/01/2026

⚠️ Major Regulatory Changes Affecting CA Commercial Insurance in 2026. ⚠️

Beginning January 1, 2026, a package of laws goes into effect aimed at strengthening insurance protections, wildfire resilience, and policyholder rights.

⬇️ Key changes include: ⬇️

1. Commercial non-renewal protections that are extended to businesses, HOAs, nonprofits, condos, etc., protecting against sudden policy cancellations. ✅️

2. Faster wildfire claim payouts and improved transparency in claim documentation. ✅️

3. Wildfire safety incentives and grants to help businesses mitigate risk and potentially lower premiums. ✅️

✅️ This is a win for Commercial clients with California’s ongoing climate risk. These protections aim to stabilize coverage and give commercial policyholders more certainty and recourse after major events.

11/11/2025

09/25/2025

‼️ 5 property insurance companies are coming back to California‼️

The list of the companies planning their return to California include three of the state's largest insurers. The five companies are Mercury, CSAA, USAA, Pacific Specialty and California Casualty.

The Department of Insurance provided the update after Gov. Gavin Newsom made the development public in a livestreamed conversation with Bill Clinton at the Clinton Global Initiative on Wednesday.

08/10/2025

Google has removed over 50 diversity, equity, and inclusion (DEI)-focused organizations from its funding list, part of a broader cut of 214 groups, following pressure from Trump-era anti-DEI policies.

Many of the removed groups focused on race, gender equity, activism, and support for marginalized communities.

Despite public claims of valuing diversity, Google has quietly scaled back DEI language and efforts across its platforms, drawing criticism from advocates and watchdogs.

https://www.blackenterprise.com/google-purges-dei-related-groups-from-funding-list/

08/10/2025

BLK & Bold Just Made Coffee History ☕️🔥

What started as two childhood friends experimenting with coffee beans in a garage has become the first Black-owned, nationally distributed coffee brand in Costco, a major milestone not just for the founders, but for Black-owned brands everywhere.

But here’s the twist: they didn’t just want to sell coffee. Rod Johnson and Pernell Cezar built BLK & Bold with a bold mission, to unite coffee and tea lovers through community... And it’s working.

So how did they go from humble beginnings to retail shelves across the country? And what makes their business model so revolutionary?

👉🏾 We’ve got the full story: https://blog.obws.com

03/20/2025

What happens to your Mortgage if your home is destroyed?

With natural disasters and homeowners insurance costs making headlines, many homeowners may find themselves dwelling on “what-ifs.”

03/17/2025

Forever 21 has filed for bankruptcy and will close its stores in the United States.

F21 OpCo, the operator, and some U.S. subsidiaries filed for Chapter 11 bankruptcy in the Delaware Bankruptcy Court. The company listed its estimated assets as between $100 million and $500 million and liabilities of $1 billion to $5 billion.

Forever21 first filed for bankruptcy in 2019, closing down more than 30 percent of its stores in the United States before being bought out of bankruptcy by Sparc Group.

This is truly the end of an era. Read more about this story at ESSENCE.com.

03/16/2025

Insurance commissioner ‘provisionally’ grants State Farm’s 22% rate hike.

California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% hike in its homeowner insurance rates pending a formal rate hearing next month.