16th Mar 2015

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Bruce Cornblum’s monthly newsletter sent to thousands of attorneys on a monthly basis will change format for the next few editions.  Rather than advising and discussing new cases and new original interesting insurance subjects, the NEWSLETTER will pose questions to the reader testing the reader’s knowledge of existing insurance law.  The questions will relate to existing case law, new case law as well as testing the reader’s knowledge of policy terms and subjects.  The ANSWERS will be found in one of the three volumes of Cornblum’s California Insurance Law Dictionary and Desk Reference.

QUESTION #1 – CIGA

What is the California Insurance Guarantee Association [CIGA]?  How does CIGA protect California insureds?  What policies are not covered by CIGA?

    ANSWER:  See Volume 1 California Insurance Law Dictionary and Desk Reference § C2 CALIFORNIA INSURANCE GUARANTEE ASSOCIATION [CIGA] [§ C2:1 In general – Coverage of CIGA $500,000 policy limits]

        PRACTICE POINT:  For those who do not own Volumes 1-3 of California Insurance Law Dictionary and Desk Reference, the entire text consisting of 6000 pages can be found on WestLaw by referencing CAINLAWDDR and inserting the appropriate section number.

QUESTION #2 – PUBLIC POLICY

What is the meaning of “public policy” as it relates to liability and property insurance policies?  How does “public policy” protect all insureds in California?  Can “public policy” create and extend coverage to insureds even though the policy may not refer to the coverage?  Can a policy exclude coverage that is otherwise protected by “public policy”?

    ANSWER:  See Volume 2 California Insurance Law Dictionary and Desk Reference § P120 PUBLIC POLICY

        PRACTICE POINT:  For those who do not own Volumes 1-3 of California Insurance Law Dictionary and Desk Reference, the entire text consisting of 6000 pages can be found on WestLaw by referencing CAINLAWDDR and inserting the appropriate section number.

To contact Mr. Cornblum you can reach him at 858-485-8770 or email him at cornblum@pacbell.net.

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