Municipal Mutual was incorporated in February 1992 and commenced business as of October 1993. Initial capitalization of $10 million was funded by a certificate of contribution issued to the city of Gardena Financing Authority. The company was primarily a small underwriter of various California only municipality coverage's, primarily excess liability coverage. Commencing in January 2000, the company became involved in the provision of primary California workers compensation insurance and ventured beyond the limited scope of restricting coverage to municipalities.
Municipal Mutual has been deemed to be insolvent and has been ordered liquidated as of October 2006. With the liquidation of Municipal Mutual all claims have been transferred to the California Insurance Guarantee Association (CIGA) for continuing claims administration. If you have a question on any continuing workers compensation claim, you should contact CIGA at 818-844-4300.
The Liquidation Court has sanctioned the provision that only General Liability Policyholders will be allowed to file claims against the estate. No other potential creditor claims will be considered.
Further details will be posted periodically on this website.
