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 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”...
Access Insurance Accusations – What they Mean and What Policyholders Should Do In an investigation held by the California Department of Insurance on March 13, 2018, the department found several grievous violations made by Access Insurance. The number of law-breaking allegations found, is rather astounding. The fraudulent insurer was accused of “not carrying out contracts...
Why Cheap Insurance Means No Insurance A lot of our clients purchase insurance at very low rates. The way it works is an insurance broker will find our clients the least expensive option. Usually, the least expensive option in cheap insurance means certain things are not covered. Endorsement In the case of our client, he...
One-Year Statute of Limitations When Filing a Lawsuit Against Your Insurer We recently had a client come to us who was leasing a warehouse where he stored electronics, and other rare collectible items, including antiques, which he would then sell at wholesale prices. The client believes the warehouse caught on fire due to the City’s...
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...
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