Court Says Insurance Commissioner Had Jurisdiction to Declare Comp Policy Provisions Invalid

A California appellate court ruled that the state insurance commissioner was not barred by the doctrine of exclusive concurrent jurisdiction from determining that certain agreements relating to workers’ compensation insurance policies issued by Travelers Indemnity Co. were unenforceable. Adir International LLC operates the Curacao chain of retail department stores. Between 2004 to 2011, Travelers Indemnity Co. issued Adir annual guaranteed cost workers’ compensation insurance policies. Each policy was filed with the Workers' Compensation Rating Bureau, as was required by the ...