The Tide Movements in California Coronavirus Premium Discount Cases
Directly following the Coronavirus pandemic lockdown orders, policyholders were driving less and insurance agency severities and misfortune proportions were decreased. This brought about an impermanent expansion in insurance agency benefits. Starting in April 2020, the California Branch of Insurance (“DOI”) gave a progression of Notices, requesting guarantors to give payment discounts to policyholders. At first, … Read more