Climate disasters and regulatory changes have caused upheaval in California's insurance industry. As a result, residents are experiencing a myriad of challenges when it comes to insurance. Several issues are leaving Californians feeling less protected and less...
Month: November 2023
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Appeals Court’s Decision Underscores Importance of Securing All Insurers’ Written Consent Before Settling A Business Liability Claim
In an October 30 decision by the U.S. Ninth Circuit Court of Appeals, Vizio, Inc. lost an opportunity to obtain insurance coverage for a $17 million settlement of consumer class action lawsuits because it failed to request its excess insurer’s consent before agreeing...
Lessons learned from Go Maps and Topa settlement
In recent news, the California Department of Insurance settled cases with Go Maps and their underwriter, Topa Insurance Company. Go Maps is an "insurtech" company that utilized an app-based platform to sell and manage insurance through Topa. These apps make it easier...