Attorneys for the California Department of Insurance Conservation and Liquidation office urge the San Mateo Superior Court overseeing the conservation of Applied Underwriters’ California Insurance Company to reject a New …
The San Mateo Superior Court has a February 2nd hearing to approve the Conservator’s proposed rehabilitation plan for Applied Underwriters’ California Insurance Company. If the plan is approved as expected, …
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 …
After placing Applied Underwriters’ subsidiary California Insurance Company under supervision in November 2019, the California regulator allowed the company to continue operating under the day-to-day direction of its own management …
New Mexico Attorney General Hector Balderas once again is trying to involve himself in the Applied Underwriters’ California Insurance Company conservation. This time, through a San Francisco law firm, he …
The Ninth Circuit Court of Appeal issued a terse order denying a request for rehearing filed by Applied Underwriters and its hastily created New Mexico subsidiary. The request and denial …
The Ninth Circuit Court of Appeal handed Applied Underwriters and its California Insurance Company another defeat in its ongoing legal fight with the California Department of Insurance. It reaffirmed that …
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 …