California Supreme Court Answers Long-Awaited Question About Retroactive Application of 60-Day Grace Period and Notice Requirements for Life Insurance Policies

as published on International Claim Association website Recently, the California Supreme Court clarified that the 2013 California legislation affecting grace periods and notice requirements for life insurance policies applies universally to all existing and future policies. Effective January 1, 2013, the California Legislature codified Insurance Code Sections 10113.71 and 10113.72 to protect [...]