November 3, 2020
California Insurance Co. has filed an “Anti-SLAPP” motion the company says is to protect its First Amendment rights in its ongoing legal battle with the California Department of Insurance and Insurance Commissioner Ricardo Lara. Anti-SLAPP laws (Strategic Lawsuit Against Public …
October 21, 2020
Workers’ compensation specialist Applied Underwriters is suing California Insurance Department officials to halt a state plan its says would force its workers’ compensation partner California Insurance Co. (CIC) to stop doing business in the state and would damage Applied Underwriters’ …
June 10, 2020
Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” of five companies collectively referred to as North American Casualty …
July 19, 2019
Berkshire Hathaway subsidiary Applied Underwriters will voluntarily halt the selling of a reinsurance-based, loss-sensitive workers’ compensation product in New York under an agreement with the state regulator who first raised questions about the product three years ago. Applied Underwriters will …
October 3, 2016
Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative effects on brokers who dealt with the products, according to a …
September 26, 2016
Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in New York and California could end up being strapped with liability issues that may not be covered by their professional …
September 6, 2016
California Insurance Commissioner Dave Jones on Tuesday approved an order agreed to by California Insurance Co. and Applied Underwriters Captive Risk Assurance Company Inc. under which they will stop selling workers’ compensation policies that the two Berkshire Hathaway companies used …
June 21, 2016
California’s insurance commissioner said a Berkshire Hathaway Inc. insurance business evaded a state law designed to protect small businesses from unexpected workers’ compensation costs. Commissioner Dave Jones faulted Berkshire’s Applied Underwriters Inc. and California Insurance Co. units over the sale …