Topic: California Developments

California Insurance Commissioner Requests All Insurance Companies Provide Their Insureds with at Least a 60-Day Grace Period to Pay Insurance Premiums

Mar 19, 2020 | , |

On March 18th, as a result of the COVID-19 outbreak, California Insurance Commissioner‎ Ricardo Lara issued a notice (the “Notice”) to all admitted and non-admitted insurance companies, all licensed producers, and other interested parties requesting that all insurance companies provide their insureds with at least a ‎‎60-day grace period to pay insurance premiums so that insurance policies are not ‎cancelled for nonpayment of premium. 

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Privacy & Cybersecurity Newsletter – November 2019

Nov 26, 2019 | , , , , ,

Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.

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CCPA Amendments Are In! Draft CCPA Regulations Are Out!

by Theodore Augustinos | Oct 16, 2019 | , |

The long-awaited amendments to the California Consumer Privacy Act of 2018 (CCPA) have finally become law. On October 11, 2019—two days before the October 13 deadline—California Governor Gavin Newsom announced that he signed all of the California Legislature’s September 2019 amendments to the CCPA: AB-25, AB-874, AB-1146, AB-1355, and AB-1564.

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LL Surplus Lines Series (Entry 16): Expert Analysis – Disability Insurance in the Surplus Lines Market and Recent Legislative Updates

by Zachary Lerner | Sep 26, 2019 | , , , |

The Surplus lines market has traditionally been a method for insurance placement available to property and casualty products only, although states are increasingly opening up other lines of insurance to the nonadmitted market. For example, a growing number of states have either expressly or indirectly allowed for accident and health coverage to be written through the surplus lines market, and the National Association of Insurance Commissioners released guidance earlier this year advising the states on how to effectively legislate for the expansion of insurance lines that may be written on a surplus lines basis.

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LL Surplus Lines Series (Entry 9): Florida and California Make News on Broker and Agent Fees

by Zachary Lerner | May 17, 2019 | , , |

Earlier this month, Florida passed House Bill 301 to remove the cap on the amount of fees that may be charged by a surplus lines broker in connection with the procurement of surplus lines insurance for a prospective insured. Instead of the old cap of a maximum of $35 per policy, surplus lines brokers will be able to charge any fee that is “reasonable” and disclosed to the insured in advance.

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LL Surplus Lines Series (Entry 5): 2019 WSIA Spring Surplus Lines Law Group Meeting Recap and Summary of Trends

by Zachary Lerner | Apr 8, 2019 | , , , , | , , ,

The Surplus Lines Law Group held its spring meeting on Friday, April 5 in Biloxi, Mississippi. A number of presentations were given at the meeting, including updates on the trends around the nation with respect to the diligence search requirement, international tax and cybersecurity issues, as well as a presentation by this author as to the challenges surrounding placing group insurance coverage on a surplus lines basis (including unique hurdles applicable to risk purchasing groups).

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Although They Did Not Enter a Reinsurance Lottery, They Won The Jackpot

by Jonathan Bank and Matthew Murphy | Apr 1, 2019 | |

A California Court of Appeal recently affirmed a trial court’s denial of an insurer’s motion to ‎compel arbitration, finding that the trial court had the authority to decide the issue of the ‎enforceability of an arbitration agreement, and that the arbitration agreement at issue, which had ‎not been filed with the California Insurance Commission, was void.‎

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Privacy & Cybersecurity Newsletter – January 2019

Jan 17, 2019 | , , , , , |

Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.

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