Deeper Industry Ties Emerge For Lara

Ties between embattled Insurance Commissioner Ricardo Lara and the industry he is charged with regulating go back farther than previously reported – or than reported by any other media. Internal California Department of Insurance e-mails plus new details about Lara’s out-of-state travels shines a bright light on numerous meetings between the commissioner and executives from … Read More »

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Lara Took Money Before Favorable Actions in Applied Cases

By now, thanks to the general media, everyone knows that California Insurance Commissioner Ricardo Lara took money into his 2020 campaign – some $53k – from individuals related to Applied Underwriters. The evidence in the timeline of events strongly suggests that he took official actions – by changing or staying administrative law judges’ decisions to … Read More »

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NJ Notices Suspension of Applied Underwriters

The New Jersey Department has ordered Applied Underwriters and various subsidiaries to show cause as to why its Continental Insurance Company subsidiary shouldn’t be suspended from transacting workers’ compensation insurance and – equally importantly – why it should not be ordered to “unwind” the Applied Underwriters EquityComp and SolutionOne programs back to 2008. The suspension … Read More »

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Court Publishes Luxor Cabs – Decision Is Now Citable

In what has to be a major blow to Applied Underwriters, certainly in California, the First District Court of Appeal has published its previous decision in Luxor Cabs. In a case hard fought by the lawyers at Roxborough, Pomerance, Nye & Adreani (RPNA), the publication effectively ends one of Applied Underwriters main arguments for all … Read More »

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Applied Underwriters’ Loses Arbitration Appeal Again

It seems that Applied Underwriters’, a unit of Berkshire Hathaway, (NYSE: BRK.A), either never learns or perhaps is desperately recalcitrant in its litigation strategies practices.  Not only did it lose a case but the Appellate Court chastised its argument. The Fourth District Court of Appeal just did what the California Insurance Commissioner’s Administrative Law Judge … Read More »

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A M Best Says Outlook Negative For Applied Underwriters

Analysts at the A.M. Best rating agency issued a negative outlook warning for California Insurance Company, Continental Indemnity and the other companies in Applied Underwriters’ North American Casualty Group. The analysts are concerned by the group’s ongoing battles with state regulators and other factors. Noting the California Department of Insurance’s action invalidating Applied Underwriters’ EquityComp … Read More »

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Market Alert Berkshire Cos is Now Competing with Applied

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 of last week, it’s every (wo)man – make that carrier – for itself. Reliable industry sources tell Workers’ Comp Executive that Berkshire Hathaway Homestate Insurance … Read More »

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APPLIED ORDERED TO CEASE AND DESIST

It’s curtains in California for Applied Underwriters’ EquityComp Program in total and also for SolutionOne Program to the extent it uses unfiled agreements. The California Commissioner announced the cease and desist just minutes ago. California is the third state to stop the sales of Applied products. California Insurance Commissioner Dave Jones ordered Applied Underwriters and … Read More »

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