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Insurance

Apr. 20, 2007

'Underground Regulation’ Is Quashed

SACRAMENTO - Lawyers for an insurance trade group hailed an administrative law opinion this week that barred the Department of Insurance from using a privately negotiated settlement with an insurer as a precedent applicable to other insurers.

By Linda Rapattoni
Daily Journal Staff Writer

      SACRAMENTO - Lawyers for an insurance trade group hailed an administrative law opinion this week that barred the Department of Insurance from using a privately negotiated settlement with an insurer as a precedent applicable to other insurers.
      UCLA professor of law emeritus Michael Asimow, who was a consultant for the California Law Revision C...

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