Workers’ Comp Insurer Superior National/Cal Comp Seized by State

SACRAMENTO -- State Department of Insurance (DOI) agents descended upon all 11 California offices of Superior National Insurance Group, Inc., March 3 and seized the company.The takeover includes what was the largest private group of carriers in California, including California Compensation, Superior National Insurance Co., Superior Pacific Casualty Co., and Combined Benefits Insurance Co.Other California workers' comp insurers are bracing for what will surely be the immediate remarketing of some