California takes over workers compensation insurer

California has taken over workers compensation insurer Majestic Insurance Co., Insurance Commissioner Dave Jones announced. In a statement Thursday, the commissioner said his office had filed a motion seeking court approval of a rehabilitation plan that would transfer San Francisco-based Majestic’s liabilities to Cleveland-based AmTrust North America Inc. AmTrust, which provides workers comp coverage for small and midsize companies, would administer policyholder claims.