On Behalf of McKennon Law Group PC | May 17, 2012 | Firm News, Insurance Commissioner, Life Insurance
The California Department of Insurance, along with five other state insurance departments, reached a settlement with Metropolitan Life Insurance Company, Inc. (“MetLife”) over allegations that the company failed to properly utilize the Social Security Administration’s...
On Behalf of McKennon Law Group PC | Jan 27, 2012 | Firm News, Insurance Commissioner, News
Insurance Commissioner Dave Jones marked his first full year in office this week by looking back on the California Department of Insurance’s (CDI) major accomplishments during 2011. Some of these achievements were very important for insurance consumers. Here’s what...
On Behalf of McKennon Law Group PC | Dec 14, 2011 | Disability Insurance, Disability Insurance News, Firm News, Insurance Commissioner, Insurance Litigation Blog, Legal Articles
Very recently, California Insurance Commissioner Dave Jones issued a bulletin advising consumers about the importance of understanding their options when considering disability income insurance. Here is what he had to say: “In a down economy many people may not think...
On Behalf of McKennon Law Group PC | Oct 7, 2011 | Disability Insurance, Disability Insurance News, ERISA, ERISA - Standard of Review, Firm News, Insurance Commissioner, Insurance Litigation Blog, Legislation, News
In a major victory for consumers, Governor Jerry Brown signed a bill that makes discretionary clauses – typically contained in ERISA-governed life, health and disability insurance policies/ERISA plans void and unenforceable in new or renewed policies. SB 621 was...
On Behalf of McKennon Law Group PC | Sep 30, 2011 | Agent/Broker, Annuities, Firm News, Insurance Commissioner, Legislation
California Governor Jerry Brown recently signed a new law that will provide increased protection to seniors and other consumers who are interested in purchasing an annuity. AB 689, which was sponsored by the California Department of Insurance and authored by Assembly...
On Behalf of McKennon Law Group PC | Jul 28, 2011 | Firm News, Health/Medical Insurance, Insurance Commissioner
California Insurance Commissioner Dave Jones recently announced that the California Department of Insurance is investigating whether Blue Shield of California Life and Health Insurance Company (“Blue Shield”) failed to comply with the California Mental Health Parity...
On Behalf of McKennon Law Group PC | Jun 7, 2011 | Firm News, Insurance Commissioner
An important package of strong consumer protection bills, sponsored by Insurance Commissioner Dave Jones, passed through their respective houses of the Legislature, clearing a major hurdle toward passage. Jones stated in his recent press release: “When I took office...
On Behalf of McKennon Law Group PC | Apr 28, 2011 | Annuities, Firm News, Insurance Commissioner, Life Insurance, News
On April 25, 2011, California Insurance Commissioner Dave Jones and California State Controller John Chiang announced that they are investigating Metropolitan Life Insurance Company (“MetLife”) for a failure to pay out life insurance benefits after learning of an...
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...
On Behalf of McKennon Law Group PC | Aug 23, 2010 | Firm News, Insurance Bad Faith, Insurance Commissioner, News
On July 19, 2010, Insurance Commissioner Poizner promulgated regulations designed to limit the practice of rescissions in the health insurance industry. See our blog article, New Regulations Take Aim at Policy Rescissions, on this. Last Monday, an insurance industry...