Liquidator Seeks OK To Pay More Than $35 Million To Guaranty Associations

(August 25, 2015, 12:31 PM EDT) -- SAN FRANCISCO — The liquidator of a California-domiciled insurer asked a California court on Aug. 18 for approval of more than $35 million in distributions to certain insurance guaranty associations (Insurance Commissioner of the State of California v. Western Employers Insurance Company, No. CPF-97-984281, Calif. Super., San Francisco Co., Civil Div.).

(Motion for approval of distribution and payment available. Document #10-150828-024M.)

Western Employers Insurance Co. (WEIC) primarily wrote workers’ compensation and general liability insurance policies. The general liability claims made against WEIC include a substantial number...
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