On Behalf of McKennon Law Group PC | Feb 23, 2010 | Firm News, News
A unanimous United Supreme Court ruled today that a corporation’s principal place of business is where the company’s executives work and direct the company’s business activities, not where the company’s products are sold. This is yet another reversal of an important...
On Behalf of McKennon Law Group PC | Feb 23, 2010 | Firm News, Health/Medical Insurance, Legislation, News
Just when you thought the bad news for Anthem Blue Cross (“Anthem”) could not get any worse, it does. According to an article by Duke Helfand appearing in today’s Los Angeles Times, California Insurance Commissioner Steve Poizner reported that Anthem, California’s...
On Behalf of McKennon Law Group PC | Feb 21, 2010 | Case Updates, Firm News, News, Unfair Business Practices/Unfair Competition
Late last year the Fourth Appellate District of the California Court of Appeal issued its decision in Zhang v. Superior Court, 178 Cal. App. 4th 1081 (2009). In that case, the court identified the issue presented “as whether fraudulent conduct by an insurer, which is...
On Behalf of McKennon Law Group PC | Feb 12, 2010 | Firm News, News
In a press release from the California Department of Insurance (“CDI”) issued last week, Commissioner Steve Poizner issued the following statement regarding Anthem Blue Shield’s recently announced substantial rate increases: I’m alarmed by the Anthem Blue Cross health...
On Behalf of McKennon Law Group PC | Feb 10, 2010 | Firm News, News
In a press release from the California Department of Insurance (“CDI”) issued last week, Commissioner Steve Poizner announced that the CDI has recovered $112.1 million for consumers through consumer complaint investigations and market conduct examinations of insurance...
On Behalf of McKennon Law Group PC | Feb 8, 2010 | Firm News, Legislation, Life Insurance, News
Life settlements, also known in the industry as “stranger-originated life insurance” (“STOLI”) transactions have existed for several years but most states have not regulated them, at least until recently. The life insurance industry has for years attempted to...
On Behalf of McKennon Law Group PC | Feb 2, 2010 | Duty to Defend, Firm News, News
When a liability insurer wishes to avoid all coverage obligations with respect to a claim against its insured, it will sometimes file a declaratory relief action requesting a ruling that it has no duty to defend or indemnify the insured. If the insurer files for such...
On Behalf of McKennon Law Group PC | Feb 1, 2010 | Case Updates, Firm News, Health/Medical Insurance, Insurance Bad Faith, News
There has been considerable attention given lately to health insurers’ attempts to rescind health insurance policies and the California Department of Insurance has recently issued regulations concerning rescission of the these policies. The Second Appellate District...
On Behalf of McKennon Law Group PC | Feb 1, 2010 | Firm News, Health/Medical Insurance, Legislation, News
Last year the House passed legislation which would repeal the limited exemption the insurance industry received when Congress passed the McCarran-Ferguson Act of 1945. The law shields insurance companies from federal antitrust laws as long as they are subject to state...
