IN RE IMPERIAL INS. CO.

Docket Nos. 68110, 69336.

157 Cal.App.3d 290 (1984)

203 Cal. Rptr. 664

In re IMPERIAL INSURANCE COMPANY in Liquidation. BRUCE BUNNER, as Insurance Commissioner, etc., Plaintiff and Appellant, v. CALIFORNIA INSURANCE GUARANTEE ASSOCIATION, Defendant and Respondent. In re SIGNAL INSURANCE COMPANY in Liquidation. BRUCE BUNNER, as Insurance Commissioner, etc., Plaintiff and Appellant, v. CALIFORNIA INSURANCE GUARANTEE ASSOCIATION, Defendant and Respondent.

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

June 18, 1984.


Attorney(s) appearing for the Case

COUNSEL

John K. Van de Kamp, Attorney General, Edmond B. Mamer and Herbert A. Levin, Deputy Attorneys General, for Plaintiff and Appellant.

Clausen, Harris & Campbell, Kenneth H. Clausen and Marie D. Clause for Defendant and Respondent.


OPINION

JOHNSON, J.

The pivotal issue in this case is who is entitled to the deductibles paid by policyholders to an insurance company which becomes insolvent. The California Insurance Commissioner (commissioner) contends the deductibles are assets of the insolvent companies to which he is entitled as liquidator. (Ins. Code, §§ 1011, 1016, 1037.) The California Insurance Guarantee Association (CIGA) contends the deductibles...

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