Radian Guaranty, Inc. v. Garamendi

Opinion

RUVOLO, J.

I

Introduction

Appellant Radian Guaranty, Inc. (Radian) 1 is authorized to transact mortgage guaranty insurance and is statutorily prohibited from transacting any other class of insurance, including title insurance. (See Ins. Code, §§ 12640.10 & 12360. 2 ) In this action, Radian appeals from a denial of its petition for a writ of administrative mandamus (Code Civ. Proc., § 1094.5) by which it sought to reverse a cease and desist order issued by respondent John Garamendi, Insurance Commissioner of the State of California (the Commissioner). The Commissioner’s cease and desist…