CIC Conservation Costs Near $1.9M In 2022

The court-appointed Conservator overseeing the rehabilitacion of California Insurance Company (CIC) is asking the San Mateo Superior court to approve payment of another $687,110 for costs, fees, and expenses incurred during a recent three-month period. CIC is the operating carrier owned by Applied Underwriters and is responsible for the EquityComp debacle affecting employers. The costs … Read More »

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