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 …
Tagged in: equity comp
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 …
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 …
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 …
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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 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 …
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 …
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 …