A San Mateo Superior Court judge denied Applied Underwriters’ latest attempt to strike key portions of the California Department of Insurance’s rehabilitation plan for California Insurance Company. The order denying …
Employers aggrieved by Applied Underwriters’ and its California Insurance Company are lining up behind the California Department of Insurance’s proposed rehabilitation plan for carrier. The plan includes particular provisions for settling the numerous legal disputes surrounding the EquityComp and SolutionOne workers’ comp programs. The unilateral plan developed by the California Department of Insurance’s Conservation and …
Workers’ Comp Executive launches each new year with the publication of a list of the “Top Stories” from the prior 12 months. Some years are more newsworthy than others, but we certainly had some doozies during what was our 30th year covering the California workers’ comp industry. Beset by the COVID-19 pandemic, Governor Newsom followed …
Applied Underwriters’ / California Insurance Company CDI TRASHES MANAGEMENT BEHAVIOR ARRANGES TO SETTLE LITIGATION KICKS THEM OUT OF THE STATE The California Department of Insurance’s Conservation and Liquidation Office has a plan to resolve the state’s takeover of California Insurance Company. It calls for the Applied Underwriters-affiliated company to leave California and surrender its …
The Fourth District Court of Appeal says the California Department of Insurance’s administrative law judges and Insurance Commissioner Ricardo Lara do not have the authority to decide breach of contract disputes through the administrative hearing process. The decision came in a 12-year-old premium audit case, but observers say the findings apply broadly to the common …
“The big takeaway from this is that under Insurance Code section 11737, the Commissioner has the authority to review pretty much anything that affects what the insured pays for insurance,” says attorney Ryan Salsig with the firm Roxborough, Pomerance, Nye & Adreani. The California Insurance Commissioner’s authority to require carriers to file key policy documents …
Attorneys representing the California Department of Insurance and The Travelers will be in a Los Angeles courtroom next month to continue a nearly four-year-old dispute over what the Department says is the the illegality of the unfiled side agreements Travelers used in its large deductible workers’ comp program. Former Insurance Commissioner Dave Jones issued a …
The purported sale of Applied Underwriters and its insurance company subsidiaries by Berkshire Hathaway to company founder Steve Menzies may not be a done deal after all. Berkshire reported the sale in a filing with the SEC and sent out a press release stating as much to numerous news outlets. The California Department of Insurance, …