California Regulators Seek to Halt Merger of Warren Buffet-Associated WC Company
Sacramento, CA (WorkersCompensation.com) - It’s not often – if ever – you hear of state regulators taking over an insurance company that is not insolvent. Yet, that’s what the California Insurance Department did this week.
“On Monday, November 4, the San Mateo County Superior Court issued an order appointing the California Department of Insurance’s Conservation and Liquidation Office as conservator of California Insurance Company (CIC) and ...
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