Appeals judge tosses California Insurance Company suit against CDI
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Appeals judge tosses California Insurance Company suit against CDI

Jairo Ibarra
July 09, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Applied Underwriters logo Omaha Nebraska.jpg

Applied Underwriters-owned California Insurance Company (CIC) said it will appeal a decision to dismiss the lawsuit that the company filed against the California Department of Insurance (CDI), contesting the regulator’s decision to place the carrier in conservatorship.

CIC, an Applied Underwriters unit, sued the Californian insurance regulator in federal court seven months ago, claiming that the imposed conservatorship was an “arbitrary”, “illogical” and “unlawful” action to obstruct a deal that had already been approved by several...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsLegal
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article