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California's Camp Fire didn't just kill dozens of people and destroy thousands of homes. It also left an insurance company in financial ruins, unable to pay millions of dollars to policyholders.A state judge ruled that Merced Property & Casualty Co. can't meet its obligations after last month's Camp Fire, the deadliest and most destructive wildfire in California history.Merced's assets are about million, but it faced about million in outstanding liabilities just in the city of Paradise, court filings show.Judge Brian McCabe's decision allows the California Department of Insurance to take control of Merced. According to court documents, the state's Conservation & Liquidation Office will start liquidating what's left of the company.Photos: Wildfires devastation in CaliforniaUnlike with bankruptcy, where a business or individual can start over, liquidation means there is no hope for a company's recovery.Fortunately for Merced's policyholders, they are covered by the California Insurance Guarantee Association, which "protects resident claimants in the event of an insurance company insolvency."But the association has maximum benefit limitations, according to Merced."If it ends up that you have a claim in excess of CIGA's limits," the company said, "the excess will be a claim against the assets of Merced." 1337

CARLSBAD, Calif. (KGTV) – The Legoland Hotel in Carlsbad is set to reopen before the theme park.Legoland California officials said the hotel, located on the same grounds as the Legoland theme park, will reopen to the public on Friday, July 17.With the reopening of the hotel, officials confirmed there will be numerous health and safety modifications in place such as social distancing practices and enhanced cleaning regimes.Legoland Hotel will operate in a reduced capacity, take cashless payments, and have a face coverings requirement for all guests three years of age and over. Hotel staff will also be required to don face coverings.Officials said those interested in staying at the hotel should book reservations online.The announcement of the hotel's reopening comes a week after officials said the Legoland theme park, which was shut down in March due to the COVID-19 pandemic, would not reopen prior to Aug. 1.A reopening date for the theme park has not yet been determined. 992

CAMP PENDLETON, Calif. (KGTV) - The Recon Challenge at Camp Pendleton takes Marines through a grueling 30-mile course, comprised of obstacles including a 1,000-yard open-ocean swim, mountainous terrain, and underwater knot-tying exercises.The challenge honors the fallen Marines of Operation Iraqi Freedom, Operation Enduring Freedom, and Operation Inherent Resolve. Participants run in the name of a fallen Marine, paying tribute by hanging dog tags on the iconic battlefield cross at the finish line."It's probably a collection of some of the toughest people on the planet, I mean it's, imagine a marathon but you're carrying 50 pounds plus you're swimming in the ocean, the pools, and doing these other events," said Adam Sorensen, who was medically retired from the Marine Corps two years ago. Sorenson's group was made up of Marines from 3rd platoon, commonly known as "LOWLIFE," Force Reconnaissance Company, 1st Reconnaissance Battalion, 1st Marine Division.PHOTOS: Camp Pendleton Recon Challenge 2019In addition to carrying the name of a fallen comrade, they also carried their comrade Jonathon Blank, who was medically retired after both of his legs were severed after stepping on an improvised explosive device in Afghanistan in 2010. "They are the guys you can count on the rest of your life, I mean it when I say they're my brothers," said Blank, who used prosthetics to cross the finish line.The event is also a chance for Gold Star Families to reunite with those their loved ones served with. One group of Marines completed the course in honor of Staff Sgt. Caleb Medley, who was killed during a training accident in 2013."It's like a family reunion, it's hard in a way, but it's really a joyful time because you're reconnecting with those people who served with Caleb, who had a bond with Caleb," said Diane Homm, Medley's mother. "When they say they're going to be there for you for the rest of your life they mean it, because they are, they're there for you." 1984

BURBANK (CNS) - The Walt Disney Co. reported sharp year-over-year third-quarter revenue drops today, thanks in part to the coronavirus-prompted closure of its theme parks, but the success of its streaming services, most notably Disney+, gave the Burbank company a needed boost.Disney reported third-quarter revenue of .8 billion, a 42% drop from last year's third quarter, but still ahead of industry expectations.Revenue losses were fueled largely by the closure of Disney parks worldwide, with the company's Parks, Experiences and Products segment seeing an 85% revenue drop from the third quarter of last year. The only Disney segment not to report a drop in revenue was the Direct-to-Consumer & International segment, which showed a 2% gain.In terms of operating income, the company's Media Networks showed a 48% jump.``Despite the ongoing challenges of the pandemic, we've continued to build on the incredible success of Disney+ as we grow our direct-to-consumer businesses,'' Disney CEO Bob Chapek said in a statement. ``The global reach of our full portfolio of direct-to-consumer services now exceeds an astounding 100 million paid subscriptions -- a significant milestone and a reaffirmation of our DTC strategy, which we view as key to the future growth of our company.''The company's streaming services are Disney+, ESPN+ and Hulu, with Disney+ representing more than half of the empire's 100 million subscribers, according to the company.Disney reported diluted earnings per share of 8 cents, down from .34 in the same quarter last year.The company had originally planned to reopen its Disneyland and California Adventure theme parks in Anaheim on July 17, but those plans were scrapped as the state saw a surge of coronavirus cases. That surge prompted a delay in the state's release of operating protocols for large venues such as theme parks.The Downtown Disney shopping and entertainment district reopened to the public on July 9, although some individual businesses remained closed. 2016

CARLSBAD, Calif. (KGTV) - After hundreds of signs and fences along the trails at the Carlsbad Ecological Reserve are ripped from the ground, Fish and Wildlife is now setting up a specialized enforcement team. Secret cameras set up around the 500 acre reserve caught dozens of bikers ripping up signs, cutting fence wire and vandalizing property.Fish and Wildlife representative Peter Tira told 10News this is nothing new."We're not dealing with recreational mountain bikers, we're dealing with folks who disregard the law and believe the law doesn't apply to them," said Tira.Starting Saturday, April 6, Fish and Wildlife enforcement officers will hand out citations to all bikers who are caught riding the trails. Each citation comes with a 0 fine. "We've installed about 500 signs on this property almost all of which have been taken down or vandalized. On each of the signs it says 'No Bicycles'," said Tira.However, many mountain bikers who showed up to the trails Wednesday told 10News this is a popular spot for many in the Carlsbad area. Ivan Sekanovich comes to ride these trails at least once a week and is disappointed that Fish and Wildlife are letting the actions of a small group of bikers ruin it for the rest of them."For the most part, people know where they're supposed to hike and the bikers know where to bike," Sekanovich said. 1358