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Amicus Library

“Short-Rate” Premiums
Craig Streit, et al. v. Farmers Group, Inc.
Year: 2011
Court: California Court of Appeal, Second Appellate District, Division Seven
Case Number: BC434852
Issue:
  • “Short-Rate” Premiums
  • Duty to Disclose
  • Fire Insurance
State:
  • California

UP submitted a brief in support of the Appellants, whose claim is that the insurance company violated its disclosure obligations under California Insurance Code section 381(f) by charging policyholders undisclosed “short-rate” premiums for cancellations of their insurance policy before the end of policy term. Section…

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