Amidst charges of unapproved and uncollateralized loans to affiliates, unapproved property transfers, the California Department of Insurance’s Conservation and Liquidation Office says it is drafting a unilateral “rehabilitation” plan for …
The Fourth District Court of Appeal says the California Department of Insurance’s administrative law judges and Insurance Commissioner Ricardo Lara do not have the authority to decide breach of contract …
The California Department of Insurance and Insurance Commissioner Ricardo Lara (see photo) are accused of failing to be fully transparent and compliant in their response to a Public Records Act …
Every year with the first issue of the new year, Workers’ Comp Executive compiles a list of the “Top Stories” from the prior 12 months. Some years produce more newsworthy …
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 …
The California Department of Insurance is rejecting the proposed sale of California Insurance Company to CEO Steven Menzies and says that Applied Underwriters’ attempt to circumvent its oversight is illegal. …
The purported sale of Applied Underwriters and its insurance company subsidiaries by Berkshire Hathaway to company founder Steve Menzies may not be a done deal after all. Berkshire reported the …
The Iowa Insurance Department has approved the sale of the Applied Underwriters’ related companies but with very telling conditions. California and Texas officials have, so far, not approved the deals. …