Court Backs State in Mission Case: The...
Court Backs State in Mission Case: The California Supreme Court ordered an appellate court to review its decision blocking collection by the state of about $300 million. The case involves reinsurance payments that the Department of Insurance maintains are owed to defunct Mission Insurance Cos., a former writer of workers compensation insurance. The money is due, said Insurance Commissioner Roxani M. Gillespie, from reinsurance companies that shared in insurance premiums collected by L.A.-based Mission in exchange for sharing the potential risk.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
