|
|
We have been requested by the California Insurance Department, acting in accordance with and pursuant to Section 1765.1 of the Insurance Code, to advise all Surplus Line brokers and Special Lines Surplus Line brokers that effective July 2, 1994, unless and until notified by the Department to the contrary, the above insurer should not be employed for placements of California business. No further new or renewal business may be placed with the company.
Please see attached documentation for further information.
James S. Pugh
Assistant Manager
JSP/Ijl
Enclosure(s)
DEPARTMENT OF INSURANCE
45 FREMONT STREET. 24TH FLOOR
SAN FRANCISCO. CA ~941 05
July 21 1994
The Surplus Line Association of California 388 Market Street, Suite 1150
San Francisco, CA 94111
Subject: Resure, Inc. Illinois
Order Pursuant to California Insurance Code Section 1765.1
Dear Gentle People:
Please issue a bulletin to your members notifying them that Resure, Inc. (Illinois)
is unacceptable pursuant to CIC Section 1765.1 for placement of new or renewal
business. Attached is a copy of the Department's order for your reference. If
you have any questions, please contact me.
Very truly yours,
Carol A. Fistler
Staff Counsel III
(415) 904-5674
cc: Janice Kerr Victoria Sidbury Roger McNitt
STATE OF CALIFORNIA
DEPARTMENT OF INSURANCE
45 FREMONT STREET, 24TH FLOOR
SAN FRANCISCO, CA 94105
July 2, 1994
Mr. Mort Crawford
Bedarra Insurance services, Inc.
21820 Burbank Boulevard, Suite 120
Woodland Hills, CA 91367
Mr. Wolfgang Daniel
Resure, Inc.
311 S. Wacker Dr. 1400
Chicago, Illinois 60606
Subject: Resure, Inc. (Chicago)
order Pursuant to CIC 1765.1
Dear Gentle People:
Pursuant to California Insurance Code Section 1765.1 Resure, Inc. is unacceptable
for placement of further new or renewal business. This order is based on the
attached letter whereby Resure, Inc. withdrew from the California market, writing
no new or renewal business effective July 2, 1994.
Very truly yours,
Carol A. Fistler
Staff Counsel III
(415) 904-5674
cc: Janice E. Kerr, General Counsel
Victoria S. Sidbury, Bureau Chief of Corporate Affairs
Patricia K. Staggs, Bureau Chief of Compliance
Surplus Lines Association
NAIC c/o Maximiliane Moody, NAIIO
| Disclaimer Copyright © 1996-1999 The Surplus Line Association of California, All Rights Reserved. |