Focus (Forum & Focus)
Jan. 17, 2008
A Good or a Service?
Focus Column - By Barry Zalma - Several rulings indicate that insurance is considered neither a good nor a service under the law.
By Barry Zalma
This article appears in Page 7.
Every person who works in insurance appropriately believes that he or she provides a service to those who purchase insurance by helping to protect against the risk of loss and providing the indemnity promised by the policy of insurance. Insurance is a highly regulated business in California, which provides for sanctions against insurers who fail to fairly provide t...
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