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: Bodily Injury BlogJury to Weigh Insurance Rescission Case
By Edward Bills
A California jury is scheduled to hear opening arguments this week in the first case to decide whether an insurer should pay damages for rescinding a policyholder's coverage. The 4th District Court of Appeal in Santa Ana had previously ruled that the defendant Blue Shield of California could not utilize a ‘wait and see' strategy in pursuing rescission investigations. In the past several years, California insurance regulators have collected more than $13 million to settle charges of wrongful rescissions by insurers.
Full post as published by Bodily Injury Blog on May 21, 2009 (boomark / email).
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