California Insurance Department News

Regulator Objects But Court Clears Bid for $200M From Liquidated Insurer’s Owners

Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance companies may proceed with most of the claims they made in a New York lawsuit, a California …

CIC of New Mexico Sues to Enjoin California Department of Insurance from Interference

California Insurance Company of New Mexico has filed suit in federal court to enjoin the California Insurance Department from continuing to take what the suit asserts are illegal, actions to block the approved redomestication of CIC and to undermine a …