Geico to Pay $23 Million to Newport Beach Motorist On October 29, 2009, a Newport Beach motorist was severely injured in a car accident. The opposing driver ran a stop sign and severely impacted the motorist ” causing him to be hospitalized for nerve and blood vessel damage. At the end of the case, Geico...
How California Residents Are Preparing for Possible Wildfire 2017 was one of the most destructive years ever recorded in California history. With over 20 disastrous fires, California residents felt the terror from North to South. Properties were damaged, communities were destroyed and lives were lost. Though an unpleasant memory, this unfortunately serves as a realistic...
How California Insurance Commissioner, Dave Jones, Vows to Protect Wildfire Survivors The wildfires that occurred last year impacted many California residents from North to South. Not only did these fires ruin properties and homes, but also claimed the lives of innocent bystanders. Despite this recent tragedy, insurers have been alleged to “kill” or “water down”...
Tricky Tax Issues You Have an Extra Day to File Federal Tax Returns If a client of mine wants to file for bankruptcy, for the purpose of discharging income tax debt, I will wait as long as I can to be sure the three year rule is satisfied. I will make sure there are no...
Last week, a notice was sent to all California insurance companies in reminder of Prop 103. The notice was a reminder of Proposition 103 the requirement that all insurance companies must gain approval from the California Department of Insurance before carrying out their property and casualty rates to policyholders. Prop 103 Prop 103 notes that...
OC Insurance Agent Arrested After Scheming the Elderly Over $1.6 Million On March 12th, 2018, 55-yr old Mark Malatesta was arrested under 16 counts of felony. All charges were in correlation with a $1.6 million-dollar fraudulent scheme that attacked many of our elders in Southern California. Charges Malatesta has faced seven counts of insurance fraud,...
California Regulator Pushes Cease and Desist Order to Stop Access Insurance Business Operations from Hurting Policyholders On March 7th, 2018, California Insurance Commissioner Dave Jones issued a formal “Cease & Desist” order against Access Insurance Company. The order serves as a cautionary notice that details the sender’s complaint of alleged wrongdoing and threatening legal action...
Self-Driving Cars Back in the day, self-driving cars were seen as something of the future. They were almost like a part of a science fiction story. However, as 2018 emerges, many driver-free cars are becoming a real part of our very near future. With these cars in the works at various locations and companies, the...
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