Applied Knuckles Under On Unfiled RPAs

APPLIED UNDERWRITERS’ EQUITYCOMP PROGRAM IS DEAD IN CALIFORNIA Berkshire Hathaway’s Applied Underwriters’ and California Insurance Commissioner Dave Jones have signed a new “Stipulated Consent Cease and Desist Order” which bars … Read More »

Applied Underwriters Continues To Lose

Now it’s a California Superior Court Judge who has ruled the reinsurance participation agreement (RPA) in Applied Underwriter’s EquityComp program is void and unenforceable in California.  The reason:  Applied Underwriters has never filed and approved. The ruling also means the arbitration clause in the RPA is out.  It’s another in the latest series of blows … Read More »

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