Conservator Explains Status Of Cut-Through Reinsurance Endorsements

(September 14, 2016, 7:52 AM EDT) -- SAN FRANCISCO — The conservator of a property casualty insurer responded in a California court on Sept. 6 to certain objectors to his conservatorship plan and explained how cut through reinsurance endorsements would be handled in the plan (Dave Jones, Insurance Commissioner of the State of California v. CastlePoint National Insurance Company, and DOES 1-50, No. CPF-16-515183, Calif. Super., San Francisco).

(Reply brief available. Document #10-160923-013B.)

Judge Harold Kahn of the San Francisco City and County Superior Court ordered CastlePoint National Insurance Co. into conservatorship on...
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