The ink is barely dry on the settlement agreement between Applied Underwriters and the California Department of Insurance. Attorneys adverse to Applied in the many open cases say it should …
Applied Underwriter’s fight with the California Department of Insurance over the legality of its EquityComp program and the integral but unfiled reinsurance participation agreement (RPA) may be coming to a …
Applied Underwriters Captive Risk Assurance Company, (AUCRA), through its EquityComp program is still charging former insureds what some say are exorbitant run-off loss development factors on open claims after the …
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 …
Against the backdrop of a severe regulatory action against Applied Underwriters’ by the California Department of Insurance, Berkshire Hathaway carriers have lifted the moratorium on writing each other’s business. As …
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 …
Industry calls are increasing for Insurance Commissioner Dave Jones to act and make its decision regarding the Applied Underwriters’ EquityComp program applicable to all California employers – not just the …