We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Judge Approves $17 Million Distribution From Insolvent California Insurers

Mealey's (October 26, 2016, 2:20 PM EDT) -- LOS ANGELES — A California judge on Oct. 18 granted the liquidator of a group of insolvent insurers’ application to distribute more than $17 million to certain states’ insurance guaranty associations (Insurance Commissioner of the State of California v. Superior National Insurance Company, No. BS061974, Calif. Super., Los Angeles Co.).

(Order available.  Document #10-161028-024R.) 

The Los Angeles County Superior Court appointed California’s insurance commissioner as conservator of Superior National Insurance Co., Superior Pacific Casualty Co., California Compensation Insurance Co., Combined Benefits Insurance Co. and Commercial Compensation...
To view the full article, register now.