The forthcoming plan for rehabilitating California Insurance Company, an affiliate of Applied Underwriters’ will be a public document, and policyholders aggrieved by the actions of Applied Underwriters and its affiliates …
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 California Conservation and Liquidation Office has a deal in hand to sell off the corporate shell of the failed Majestic Insurance Company along with its certificates of authority to …
A California court is giving the go ahead to a $15 million settlement between the California Department of Insurance, as the liquidator of the failed Superior National insurance group estate, …
New York insurance officials are downplaying California’s attempt to force a liquidation of the failed Frontier Insurance Company after a decade of rehabilitation saying it is an opportunistic move to …
California State officials are asking a New York court to reject a proposed rehabilitation plan for Frontier Insurance Company (FIC) — the parent to California-domiciled Frontier Pacific Insurance Company (FPIC), …
Gary Hernandez, a former deputy insurance commissioner and respected insurance attorney, died last week after a sudden pulmonary embolism. He was 52. Gary’s death is being met with shock and …
The California Insurance Guarantee Association (CIGA) is making headway in paying down billions of dollars in workers’ comp claims it inherited from defunct insurance carriers such as CalComp/Superior National. Its …