The California Department of Insurance's Conservation and Liquidation Office has a plan to resolve the state's takeover of California Insurance Company. It calls for the Applied Underwriters-affiliated company to leave California and surrender its Certificate of Authority.
In 2020, it sometimes seems like no segment of society is untouched by COVID-19.
Builders, contractors, architects and engineers, however, are rarely linked to the pandemic’s most painful economic punches.
"In the last six months, we haven’t seen that much of an impact," says Audrey Lau, vice president and product head of the architects and engineers line at Hiscox. "We're going to see it more in the last quarter of 2020 and early 2021."