Across the nation, people are keeping up with news about the infamous California wildfires. The losses caused by these natural disasters are nothing short of devastating. Wildfire insurance claims reach nearly $12 billion statewide, and continue to grow like the...
Year: 2018
Rescinded insurance policies betray people who expected coverage
You selected an insurance policy and paid premiums to obtain financial protection in the event of an accident, theft, fire or other problem. If a loss covered by the insurance contract occurs, you naturally expect to collect on a claim or at least appeal a denial of...
Insurer accused of denying valid claims for addiction treatment
Hundreds of complaints from addiction treatment providers have prompted the California Department of Insurance to serve HealthNet with an Order to Show Cause and Notice of Noncompliance. Court filings indicate that the insurance company failed to meet the terms of its...
California business owners prepare for wildfire season
California had a rough year in 2017 due to the horrific damage caused by statewide wildfires, and leading experts expect 2018 to rival the previous year with one of the most deadly seasons on record. Due to previous harm, businesses and homeowners are preparing for...
Former insurance agent sentenced for fraud
California residents may be interested to learn that in June, a former insurance agent received a sentence of three years of formal probation with time served. The agent, a 31-year-old man, is also required to pay restitution after submitting a plea of guilty to a...
The value of professional malpractice claims have spiked
California patients and health care professionals may be interested to learn that malpractice claims have increased in recent years. Growth trends have been attributed to insufficient protections against conflicts of interest as well as an increase in people electing...
Fujifilm files lawsuit against Xerox
Some California residents may be aware that Fujifilm and Xerox were in talks about a merger. On June 18, Fujifilm filed a lawsuit against Xerox for reneging on the deal. Fujifilm is asking for more than $1 billion and punitive damages since Xerox walked away from the...
Adidas and Skechers settle sneaker design lawsuit
California residents who follow business news may be aware that Adidas and Skechers have been embroiled in disputes over sneaker designs for more than two decades. Adidas filed a lawsuit in September 2015 alleging that the Onix sneaker made by Skechers was a virtual...
Avoiding insurance premium fraud
A California security company owner has come under scrutiny for underreporting his payroll expenses in an attempt to lower workers compensation costs. Accused of cheating his insurer of $3.2 million, a San Jose business owner will face workers compensation insurance...
Who is responsible when a commercial business floods?
For Sheila Harris-Young and her daughter, Toni Young, opening Bumzy’s Chocolate Chip Cookies was a dream come true. According to the San Francisco Examiner, the pair opened the shop in the Fillmore neighborhood of San Francisco in 2010. The dream is no longer so sweet...