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IN RE INTERSTATE INDEM. CO.

Docket No. 26572.

219 Cal.App.2d 809 (1963)

33 Cal. Rptr. 418

In re INTERSTATE INDEMNITY COMPANY in Liquidation. F. BRITTON McCONNELL, as Insurance Commissioner, etc., Petitioner and Respondent, v. INDUSTRIAL INDEMNITY COMPANY et al., Cross-petitioners and Appellants.

Court of Appeals of California, Second District, Division Four.

September 6, 1963.

Attorney(s) appearing for the Case

Thelen, Marrin, Johnson & Bridges and Edward J. Ruff for Cross-petitioners and Appellants.

Stanley Mosk, Attorney General, and Arthur C. de Goede, Deputy Attorney General, for Petitioner and Respondent.

BURKE, P.J.

For some time prior to October 30, 1958, Interstate Indemnity Company had been engaged in the business of writing policies of insurance covering the liability of employers under the workmen's compensation laws of this state. On that date, because of the company's insolvency, the Insurance Commissioner of the State of California (Commissioner) was appointed as its conservator.

In order to provide immediate and continuing payment to the injured workmen...

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