Insurance,
Government
Apr. 17, 2020
COVID-19 catches the eye of the California insurance commissioner
This week the California insurance commissioner issued a bulletin and a notice to insurance entities in response to the COVID-19 Pandemic.
Jonathan F. Bank
Of Counsel
Locke Lord LLP
Jonathan's practice focuses on reinsurance/insurance dispute resolution, insurance company restructuring and regulatory related matters (credit for reinsurance/collateral) for both the domestic and foreign/alien as well as captive insurance markets.
Norris W. Clark
Financial & Regulatory Specialist
Locke Lord LLP
Norris focuses on insurance and insurer-related financial transactions, regulatory compliance, licensing and accreditation applications, mergers and acquisitions, statutory accounting, reinsurance transactions, reinsurance risk transfer, restructuring and corrective action plans.
Al Bottalico
Insurance Specialist
Locke Lord LLP
Al joined Locke Lord LLP after retiring from the California Department of Insurance after 38 years. He most recently served as deputy commissioner overseeing the Financial Surveillance Branch (FSB) at the California Department.
This week the California insurance commissioner issued both a bulletin and a notice to insurance entities in California in response to the COVID-19 Pandemic.
The bulletin, titled Premium Refunds, Credits and Reductions in Response to COVID-19 Pandemic, was issued on April 13. Commissioner Ricardo Lara, in the bulletin (numbered 2020-3), ordered all property and casualty insurers and workers compensation insurers to provide partial ...
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