Federal Court Won’t Intervene in Applied Underwriters Case Against California Regulator April 5, 2021 A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co....
Former California Agent Arraigned After Allegedly Stealing from Client March 31, 2021 Formerly licensed insurance agent, Mandy Pruitt, 42, of Visalia, Calif., was arraigned today on one count of grand theft after...
Task Force Nabs California Man for Insurance Fraud, Reporting False Vehicle Theft November 10, 2020 Juan Camilo Vargas, 62, of Escondido, Calif., was arrested on multiple felony counts of insurance fraud and reporting a false...
California Insurance Agent, Unlicensed Employee Arraigned for Alleged Fraud October 13, 2020 Insurance agent Brenda Cervantes, 31, of Oxnard, Calif., and unlicensed employee Edith Arellano-Quinones, 39, of Ojai, were arraigned on Tuesday...
Some Changes to California’s FAIR Plan Could Go into Effect Early Next Year December 2, 2019 By Don Jergler Note: This has been updated with FAIR Plan comments below. Changes to the insurance plan offered by California’s property insurer...
AM Best Comments on California Insurance Co. Ratings Following Regulatory Action November 13, 2019 AM Best on Wednesday said the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a”...
California Agent Arrested for Allegedly Leaving Client Uninsured in 2018 Mudslides November 12, 2019 California Department of Insurance detectives this week arrested insurance agent Mark Lynch, 40, on 13 felony counts of grand theft,...
Court Orders California Insurance Company Conserved in Another Round in Applied Battle November 5, 2019 Note: This story has been updated with a response from an Applied spokesman describing the actions by the California Department...
New Mexico Explains Role in Enabling Applied Underwriters Sale October 24, 2019 By Don Jergler The growing drama behind the $920 million sale of Berkshire Hathaway-owned Applied Underwriters to its founder Steven Menzies got another...
Mercury Paying $41M in Decades-Long Court Battle With California Insurance Department October 2, 2019 Mercury Insurance Co. has agreed to pay more than $41 million to end a two-decade long battle with the California...