The case traces again to 2019, when Victory bought its e book of staff’ compensation enterprise to Clear Spring Property and Casualty Firm. Based on court docket paperwork, Victory claimed it known as every affected enterprise to tell them of the sale. Nevertheless, the one written communication got here on Dec. 31, 2019, when Victory emailed policyholders to say their protection had been “upgraded” to a Clear Spring coverage, efficient the very subsequent day. On Jan. 1, 2020, all of the insurance policies in query had been rewritten beneath Clear Spring.
