California Department of Insurance Takes Action Over Claims Handling

 Wednesday, March 7, 2012

 Insurance Journal

The California Department of Insurance has served an order to show cause, a statement of charges and a notice of penalty against the New Hampshire Insurance Co. and its authorized agent for claims processing, York Risk Services Group Inc. regarding their handling of claims related to the 2008 Sayre Fire in Sylmar. New Hampshire Insurance Co. is a subsidiary of AIG. The Sayre Fire on Nov. 14, 2008 led to the loss of 489 residences, mostly mobile homes, and the destruction of more than 600 structures. More than 11,000 acres were burned. Both the mayor of Los Angeles and the governor issued state of emergency declarations.
AutoPropertyLiabilityLegislation & Regulation
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