Unfair Acts Ruling May Save Calif. Insurers From Stiff Fines

Law360, New York (September 14, 2012, 6:55 PM EDT) -- More California insurers may be emboldened to fight back against heavy fines proposed by the state Department of Insurance for alleged unfair and deceptive practices after a California administrative law judge ruled recently the department had overstepped its bounds while enforcing the Fair Claims Settlement Practices Regulations, experts say.

The California Department of Insurance had accused five Torchmark Corp. life and health insurers of a whopping 697 unfair or deceptive acts it said trampled the California Insurance Code and the FCPR — the CDI's regulations on...
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