Live Insurance News

California Fair Plan Under Fire for Alleged Policy Violations

July 31, 2024July 30, 2024 G. Turner

California Fair Plan Under Fire: Attorney Calls Policies “Criminally Restrictive” The California Fair Plan, designed as a last-resort insurance option for those unable to secure coverage elsewhere, is now under significant scrutiny. An Oakland attorney has spotlighted troubling issues impacting hundreds of thousands of policyholders. According to reporter Shandel Menezes from NBC San Diego, Attorney Dylan Schaffer of the Kerley Schaffer law firm has described the policies under the Fair Plan as “criminally restrictive” and asserts that selling these policies constitutes a misdemeanor under Insurance Code 2083. Schaffer claims that…

State Farm Water Damage Policy Triggers Lawsuit

May 28, 2024May 29, 2024 H. Cutner

In recent developments, a class-action lawsuit is being prepared against State Farm Insurance, challenging the insurer’s updated and ambiguous water damage policy language. The policy’s vague terminology maybe the reason to an alarming denial rate of water damage claims among homeowners, raising significant concerns about the fairness and transparency of claim assessments. Rising Concerns Among State Farm Policyholders Homeowners across California have reported a surge in denied water damage claims since State Farm updated its homeowners’ policy in 2019. According to David Melzer, a public adjuster who advocates for homeowners,…

Lawsuit Alleges USAA Uses Computer System to Arbitrarily Deny, Reduce Claims

February 20, 2024February 19, 2024 Logan B.

In a legal case currently gaining attention, USAA is accused of utilizing a computer program to indiscriminately deny or lessen claims for personal injury protection and medical payments. This system, provided by CCC’s Auto Injury Solutions, is at the heart of numerous lawsuits that the insurance giant has faced in recent years. Allegations of Systematic Denials The class-action lawsuit, which emerged from Washington Superior Court for Clark County, suggests that USAA’s reliance on Auto Injury Solutions’ (AIS) computerized system is to the detriment of policyholder claims following vehicle accidents. San…

Belviq and Cancer: Can You Sue?

December 30, 2020 Guest Author

The diet drug Belviq was pulled from the shelves in early 2020 because of a new study showing multiple cancer risks. Read on to find out if you may be eligible for legal recourse after developing cancer following a Belviq regimen. What is Belviq? Belviq, also known as lorcaserin and which additionally comes in an extended-release form, was produced by the company Eisai Incorporated. Belviq is a drug prescribed for weight loss, and functions as an appetite suppressant by activating a particular serotonin receptor found in the brain’s hypothalamus. After…

State Farm Life Insurance must pay $34M class-action plaintiffs, federal appeals court

July 7, 2020July 3, 2020 H. Cutner

State Farm Life Insurance - Law - Justice

The 8th US Court of Appeals has upheld the ruling that policyholders in Missouri must be repaid. State Farm Life Insurance must repay Missouri policyholders more than $34 million for having charged them undisclosed fees, ruled the 8th US Court of Appeals. The class action lawsuit was filed on behalf of 25,000 policyholders back in 2016. The plaintiffs in the class action lawsuit were people who had purchased policies from State Farm Life Insurance between 1994 and 2004. The lawsuit alleged that the insurer’s policy premiums were said to be…