CIC Files Opposition to Lara's Dismissal Motion; Judge Could Rule on Case Later This Month

A federal judge later this month could rule on a lawsuit filed against the California Department of Insurance by a carrier alleging the department violated its constitutional rights by securing a conservation order and blocking its planned merger with another entity in New Mexico. California Insurance Co. last week asked a federal judge in Sacramento to set aside a recent motion filed by Insurance Commissioner Ricardo Lara, whose attorneys are asking the court to dismiss the insurer’s complaint because, among other reasons, San Mateo County Superior Court should maintain jurisd...