On Behalf of McKennon Law Group PC | Oct 28, 2010 | Firm News, News, Securities/FINRA
In what appears to be the first FINRA arbitration award of its kind in the pending Medical Capital cases, McKennon│Schindler LLP client Eric Anderson was awarded $543,612.62 in damages (the full amount of his investment losses) for his massive losses caused by his...
On Behalf of McKennon Law Group PC | Oct 28, 2010 | Case Updates, Disability Insurance, Disability Insurance News, ERISA, ERISA - Abuse of Discretion, ERISA - De Novo Review, Firm News, Insurance Litigation Blog
Litigation pursuant to the Employee Retirement Income Security Act (“ERISA”) is rather unique. Unlike most cases, ERISA disputes are based on a limited scope of permissible evidence. The range of that scope is ultimately dependent on which standard of review is...
On Behalf of McKennon Law Group PC | Oct 11, 2010 | Duty to Defend, Firm News, Insurance Bad Faith
The “reasonable expectations of the insured” doctrine continues to weave its way into all types of insurance coverage cases. This time, it thrust itself into a title insurance case. In Karen Lee v. Fidelity National Title Insurance Company,__Cal. App. 4th__...
On Behalf of McKennon Law Group PC | Oct 7, 2010 | ERISA, ERISA - Standard of Review, Firm News, Legislation, News
Today Governor Schwarzenegger vetoed AB 1868 that would have banned discretionary clauses in group insurance policies. This is a disappointment to consumer groups but not to insurers who rely on them. Currently, the Department of Insurance bans them in group...
On Behalf of McKennon Law Group PC | Oct 5, 2010 | Firm News, Health/Medical Insurance, Insurance Commissioner, Legislation
On September 23, 2010, the Patient Protection and Affordable Care Act, part of the recently enacted health care reform law, went into effect for insurance plans that begin on or after this date. Health care reforms beginning Sept. 23, 2010 include: No pre-existing...
