On Behalf of McKennon Law Group PC | Jan 8, 2015 | Firm News, Insurance Commissioner, Legislation, News
Insurance Commissioner Dave Jones announced that during the 2014 legislative session that Governor Jerry Brown signed nine bills sponsored by the California Department of Insurance (“CDI”). A bill that adds protections for small businesses that took effect in 2014...
On Behalf of McKennon Law Group PC | Nov 18, 2014 | Case Updates, Firm News, Health/Medical Insurance, Legislation
The Federal Mental Health Parity and Addiction Equity Act (“MH Parity Act”) requires, at a minimum, that the financial requirements and treatment limitations for mental health benefits set by group health plans and health insurance carriers be no more restrictive than...
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 | Mar 14, 2011 | Annuities, Firm News, Legislation, News
In recent years there have been many cases of insurance agents selling unsuitable annuities to members of the public, especially seniors. These annuities typically involve large premiums and very large cash surrender charges. The large cash surrender charges are...
On Behalf of McKennon Law Group PC | Jan 18, 2011 | Firm News, Legislation, News
California’s new Insurance Commissioner, Dave Jones, identified his priorities at his inauguration on January 3. He plans to accomplish his objectives by making the California Department of Insurance “the strongest consumer protection agency in the nation”, and he...
On Behalf of McKennon Law Group PC | Jan 4, 2011 | Firm News, Legislation, News
Because of fairly recent California wild fires and California’s history of rising property values (at least this was the case a few years ago), many California homeowners have found themselves underinsured for fire losses. The California Department of Insurance has...
On Behalf of McKennon Law Group PC | Nov 30, 2010 | Firm News, Health/Medical Insurance, Legislation, News
In today’s Los Angeles Times Business Section, Duke Helfand writes about an 18-month investigation by the California Department of Managed Health Care into the payment practices of Aetna Inc., Anthem Blue Cross of California, Blue Shield of California, Cigna...
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...
