The court-appointed Conservator overseeing California Insurance Company’s operations and rehabilitation says it racked up bills totaling nearly $1.3M in the six months between December 2022 and May 2023. In total, …
Attorneys for Insurance Commissioner Ricardo Lara completed the draft of a 100-page proposed order to approve the Department’s rehabilitation plan for the conserved California Insurance Company. The proposal is now …
The San Mateo Superior Court judge in the [Applied Underwriters’] California Insurance Company conservation case gave the state the nod to write the order implementing its proposed rehabilitation plan. The …
The trial court in the Applied Underwriters’ California Insurance Company conservation issued a tentative decision late yesterday in response to CIC’s objections to the California Insurance Department’s rehabilitation plan. “The …
Attorneys representing the California Department of Insurance and those representing Applied Underwriters’ conserved California Insurance Company were back in court battling to outline their arguments for and against the proposed …
The left-leaning advocacy group Consumer Watchdog continues its fight involving public records act requests asking the California Department of Insurance for records pertaining to meetings and writings with and between …
Insurance Commissioner Ricardo Lara and Applied Underwriters made final written arguments for and against a proposed rehabilitation plan that could finally end the contentious conservation litigation, settle policyholder’s litigation, and usher California Insurance Company out of California. The San Mateo Superior Court overseeing this 3+ year conservation proceeding was to hear directly from the parties …
Applied Underwriters is raising new arguments against the inclusion of settlement provisions in the California Department of Insurance’s proposed rehabilitation plan for California Insurance Company. The settlement provisions provide three …