Members of self-insured groups (SIGs) are jointly and severally liable for each other’s losses, but a California Court of Appeal says the individual liability applies only to losses from years …
A California Court of Appeal says it isn’t necessary to automatically disqualify the lead counsel for the California Self-Insurers’ Security Fund for hiring away a defense attorney from the other …
California’s Self-Insurers’ Security Fund’s (SISF) $40 million lawsuit for joint and several liability against hundreds of former members of a failed healthcare industry self-insured group (SIG) has been delayed. A …
The Contractors Access Program (CAP) is moving forward in court to resolve in as equitable a manner as possible the $38 million in outstanding workers’ comp liabilities owed by its …
California Department of Insurance (CDI) officials are instituting a rehabilitation plan for Majestic Insurance Company after they forced the carrier into conservatorship when its surplus dropped below mandated levels. The …
Attorneys representing Insurance Commissioner Dave Jones were in court this morning to present the California Department of Insurance’s (CDI) plan for placing workers’ comp carrier Majestic Insurance Company into conservatorship …
The conservation order being filed by the California Department of Insurance today against workers’ comp carrier Majestic Insurance Company will include a plan allowing the sale of all of Majestic’s …
California workers’ comp carrier Majestic Insurance Company appears headed to conservatorship as early as tomorrow (Tuesday). Officials at its parent company revealed in a filing with the Securities and Exchange …