California Insurance Company challenges takeover by regulator in federal court
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California Insurance Company challenges takeover by regulator in federal court

Legal office of lawyers, justice and law concept : Wooden judge gavel or a wood hammer and a soundboard used by a judge person on a desk in a courtroom with a blurred brass scale of justice behind.

A unit of Applied Underwriters has sued the California Department of Insurance (CDI) in a bid to overturn the regulator’s decision to place the carrier in conservatorship.

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