Unfiled Side Agreements Found Illegal And Void

The California Department of Insurance ruled an Indiana insurance carrier cannot enforce the terms of the collateral and indemnity agreements that were part of a large deductible workers’ comp program. The carrier did not file the side agreements for approval before they were used. The ruling stems from a dispute between Protective Insurance, formerly Baldwin … Read More »

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Lara Faces Challenges to Authority

Insurance Commissioner Ricardo Lara is facing new challenges by Applied Underwriters over his actions in the workers’ comp appeals filed by Oceanside and RDR Builders. The Berkshire Hathaway (NYSE: BRK.A) … Read More »

CDI Cracks Down On ICW’s Practices

The California Department of Insurance has ordered Insurance Company of the West to recalculate an employer’s premiums after finding its original calculation to be based upon unfiled rate information. It is unknown at this time how many other policies ICW applied an unfiled methodology  to and which employers might be owed return premium. But the … Read More »

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Travelers Sues To Overturn CDI Ruling

Travelers Property Casualty Company of America is asking the Los Angeles County Superior Court to overturn a decision by former Insurance Commissioner Dave Jones. Jones found that its large deductible program agreements were invalid because they were never filed for approval. The Travelers maintains in its writ of mandamus that “CDI told Travelers that it … Read More »

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