In national news:

The California Department of Insurance announced on June 29th, 2016, that two Berkshire Hathaway companies – the California Insurance Company (CIC) and Applied Underwriters Captive Risk Assurance Company (AUCRA) – were issued a cease and desist order from the California Department of Insurance. The notice follows California Insurance Commissioner Dave Jones’ decision in the recent Shasta Linen case that CIC used unapproved rates in a complex insurance scheme that circumvented regulatory review. The order requires CIC and AUCRA to cease and desist from issuing or renewing any workers’ compensation policy that uses an unfiled and unapproved ancillary or collateral agreement consistent with the decision.

Read more from Colodny Fass via Workers’ Compensation Institute 360 here.

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