03/24/2016
recover from policyholders the amount of assessments paid to CIGA over a reasonable period of time. Starting Jan. 1 2017 the bill would require carriers to recover CIGA assessments in the year immediately following the payment of those surcharges.
The bill would also require carriers file a report
Category: News
03/23/2016
treatment costs for 10 beneficiaries who it says were covered by policies that CIGA was administering on behalf of defunct Fremont Indemnity Co. Legion Insurance Co. and the Superior National Insurance Cos.
The deadline for presenting claims to Fremont was June 30 2004; the deadline for presenting
Category: News
03/23/2016
The California Insurance Guarantee Association is not bound by a pre-liquidation stipulation between a bankrupt carrier and a still-solvent carrier as to their contribution obligations for a comp claim the 2nd District Court of Appeal ruled on Tuesday.
CIGA is statutorily obligated to assume
Category: News
03/01/2016
modifications. But CIGA told the 2nd DCA last month that it was able to resolve the Mercado matter.
In the Stevens case which questioned the constitutionality of IMR the 1st DCA declared that IMR is fundamentally fair and affords workers sufficient opportunities to present evidence and be heard.
The
Category: News
02/08/2016
The board of governors for the California Insurance Guarantee Association will review cash flow projections and the current fiscal year budget and annual plan during a Feb. 10 meeting in San Francisco.
The CIGA board of governors will meet in San Francisco seen here in a photo by Bernard
Category: News
01/28/2016
.
After seven more years of litigation CIGA agreed to accept Arthur's pulmonary fibrosis as compensable. But it refused to accept Janice's claim for survivor's benefits.
CIGA contended that General Statutes Section 31-294c required a claim for survivor's benefits to be filed within one year. Janice
Category: News
12/31/2015
before paying or discharging covered claims. The bill also requires applicants pursuing claims against CIGA to appeal written denials within one year and provides that if a written denial is based on a failure to exhaust other insurance available the applicant has six months after all other insurance
Category: News
11/10/2015
The California Insurance Guarantee Association Finance and Investment Committee and Audit Committee are meeting Nov. 10 in Los Angeles while the boa
Category: News
11/10/2015
The 2nd District Court of Appeal has set an oral argument date for a dispute on whether the California Insurance Guarantee Association is bound by a pre-liquidation stipulation between a bankrupt carrier and a still-solvent carrier as to their contribution obligations for a comp claim.
CIGA v
Category: News
11/02/2015
A complaint filed by a former controller at the California Insurance Guarantee Association who says he was wrongfully terminated after pointing out accounting irregularities will go before a jury in June 2016.
But jurors won't be asked to evaluate Danny Ly's defamation claims against CIGA and
Category: News