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BRIEFLY

Insurance

November 11, 1994|From Times Staff and Wire Reports

Court Stays 20th Century Rebates: 20th Century Industries on Thursday won a stay of a California Supreme Court ruling that ordered the Woodland Hills-based insurer to pay policyholders $120 million in premium rebates and interest under Proposition 103. Los Angeles County Superior Court Judge Dzintra Janavs granted the delay to allow 20th Century to file an expected appeal to the U.S. Supreme Court. Janavs' stay expires Dec. 28, 20th Century's deadline for filing the appeal. If the U.S. Supreme Court agrees to hear the case, the delay could last much longer. A lawyer for state Insurance Commissioner John Garamendi attacked Janavs' action as illegal. "We don't think she has the authority to stay a Supreme Court order," said attorney Michael J. Strumwasser.

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