The Ninth Circuit Amends Opinion in Du v. Allstate removing policyholder friendly language

We recently wrote about a policyholder friendly opinion by the Ninth Circuit Court of Appeals that seemingly held that an insurer’s duty of good faith and fair dealing, which is implied in every contract of insurance, may be violated by the insurer’s failure to attempt to effectuate a settlement within policy limits after liability of …

Read moreThe Ninth Circuit Amends Opinion in Du v. Allstate removing policyholder friendly language

Governor Jerry Brown Signs Law Changing Lapse Requirements For Life Insurance Policies

Insurance Commissioner Dave Jones last week announced that Governor Jerry Brown has signed AB 1747, authored by Assembly Member Mike Feuer (D-Los Angeles).  The bill was strongly supported by Commissioner Jones and the California Department of Insurance and provides important consumer safeguards for life insurance policyholders.  AB 1747, which will be effective January 1, 2013, …

Read moreGovernor Jerry Brown Signs Law Changing Lapse Requirements For Life Insurance Policies

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