🚨 APPLIED UNDERWRITERS’ / CIC KICKED OUT

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 … Read More »

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Court Limits CDI’s Authority In Contract Disputes

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 … Read More »

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State Fund is Number One Again

The 2019 market share totals are telling. While the ten largest groups writing workers’ comp coverage in California are unchanged from 2018, there is significant movement among the players starting from the top on down. Berkshire Hathaway Group (NYSE: BRK.A) relinquished the crown it claimed from the State Compensation Insurance Fund in 2017 as the … Read More »

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NAIC’s Top 25 Workers’ Comp Carriers

Initial results from the National Association of Insurance Commissioners show that the Travelers Group (NYSE: TRV) and Hartford Fire & Casualty Group (NYSE: HIG) remained the most prominent players in the workers’ comp market nationwide. Still, the 2019 totals show significant movement among other carriers in the top 10 (see chart). Overall, however, the list … Read More »

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