Applied CIC – Admitted or Not? Are In-force Polices In-Force?

By Workers’ Comp Executive State regulation of insurance was dealt a sharp blow this week. No, it wasn’t because of any action in Congress or a pronouncement from the Federal Insurance Office. It was because of a press release. Essentially, California Insurance Company, a subsidiary of Applied Underwriters, stated that because the California Department of … Read More »

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Applied Underwriters Loses a Big One – Forced Arbitration Ruled Out

In an important citable decision, a California Court of Appeal rejected Applied’s arguments to compel arbitration and upheld a finding that the arbitration provision in the reinsurance participation agreement (RPA) is invalid. The decision is being sent and cited in at least seven other California courts where similar cases are pending. “This issue,” says Monterey … Read More »

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