Travelers Indemnity Co. v. Gillespie

50 Cal.3d 82 (1990)

785 P.2d 500

266 Cal. Rptr. 117

TRAVELERS INDEMNITY COMPANY et al., Petitioners,

v.

ROXANI M. GILLESPIE, as Insurance Commissioner, etc., Respondent.

Docket No. S008962.

Supreme Court of California.

January 29, 1990.

COUNSEL

Barger & Wolen, Kent Keller, Robert W. Hogeboom, Steven H. Weinstein and Larry M. Golub for Petitioners.

Ronald A. Zumbrun, Anthony T. Caso and Sharon L. Browne as Amici Curiae on behalf of Petitioners.

John K. Van de Kamp, Attorney General, and Randall P. Borcherding, Deputy Attorney General, for Respondent.

OPINION

KAUFMAN, J.

Subdivision (c) of Insurance Code…