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CALIFORNIA | LOCAL
December 12, 1998 | H.G. REZA, TIMES STAFF WRITER
A Laguna Beach man was awarded $181,000 Friday after a jury found that his auto insurance company had acted in bad faith by failing to represent him in an accident. Joshua Hoy was responsible for a 1996 accident that resulted in a $30,000 claim against him, but USAA Insurance Co. refused to pay, said Lee A. Wood, Hoy's attorney. Wood said USAA denied the claim because company officials said Hoy, 27, had failed to pay the premium and canceled the policy before the accident.
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CALIFORNIA | LOCAL
December 12, 1998 | H.G. REZA, TIMES STAFF WRITER
A Laguna Beach man was awarded $181,000 Friday after a jury found that his auto insurance company had acted in bad faith by failing to represent him in an accident. Joshua Hoy was responsible for a 1996 accident that resulted in a $30,000 claim against him, but USAA Insurance Co. refused to pay, said Lee A. Wood, Hoy's attorney. Wood said USAA denied the claim because company officials said Hoy, 27, had failed to pay the premium and canceled the policy before the accident.
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CALIFORNIA | LOCAL
January 17, 1999
I am writing in response to the Jan. 3 letter from Bruce W. Clements, senior vice president for USAA Insurance Co. Clements stated that I made blatant false statements and misrepresentations concerning USAA in a Dec. 12 article. In fact, nowhere within the article were the alleged misrepresentations made. This appears to be a figment of Clements' imagination. I have received numerous calls from clients and citizens off the street questioning me about the letter and the allegations therein.
REAL ESTATE
December 21, 1986
An affiliate of USAA Insurance Co., major Texas-based firm, has purchased Parkview Plaza, twin-towered offices at 1230-40 Rosecrans Ave., Manhattan Beach, for more than $65 million, from Rosecrans Plaza Associates, according to Howard, Ring & Chizever, law firm representing the San Antonio buyer. USAA Income Properties is the new owner. Hughes Aircraft has occupied the 300,000 square complex since its completion two years ago.
CALIFORNIA | LOCAL
January 3, 1999
A story Dec. 12, "Jury Finds Insurer Failed Motorist, Awards $181,000," contains gross misrepresentations of facts regarding the jury's findings and evidence admitted during the trial. The jury was unanimous in finding that USAA Insurance Co. properly canceled Joshua Hoy's policy for nonpayment of premium. This is contrary to the blatantly false statement by Lee A. Wood, Hoy's attorney, that his client had paid the premium, given notice of a change of address and was never notified that his policy had been canceled.
NEWS
July 15, 1996 | From Associated Press
Two days after Hurricane Bertha peeled off house roofs, flattened crops and turned roads into waterways, residents returned Sunday to put their battered beach towns back together. More than 4,000 residents of Topsail Beach and Surf City were allowed to return to their evacuated homes, but vacationers were still being steered away. Property damage in Topsail Beach was estimated at $2 million, including major damage to 40 residential units, Town Manager Eric Peterson said.
BUSINESS
November 8, 2007 | From the Associated Press
Louisiana Atty. Gen. Charles Foti sued the state's largest property insurers Wednesday, accusing them of conspiring to limit payments to policyholders after hurricanes Katrina and Rita and engaging in an elaborate price-fixing scheme. Foti's wide-ranging lawsuit, filed in a state court in New Orleans, alleges that Allstate Insurance Co., State Farm Fire and Casualty Co. and other insurers worked together to manipulate damage estimates and low-ball claims payments after the 2005 hurricanes.
NEWS
November 17, 1988 | TOM GORMAN, Times Staff Writer
It is hardly the most crucial aspect of the debate over Proposition 103, the Ralph Nader-backed insurance initiative, but it is one ambiguity in the measure that may have to be addressed in the courts. Does Proposition 103 force insurance companies that serve only a select clientele--military personnel or teachers, for instance--to now provide insurance for any and all good drivers? That prospect does not sit well with at least one insurance company--United Services Automobile Assn.
NEWS
September 9, 1988 | J. MICHAEL KENNEDY, Times Staff Writer
The story had a familiar Texas-in-the-dumper ring to it: The Dallas Ballet, unable to raise $350,000, was forced to cancel its 1988 season. Alas, poor Texas had taken it in the chops once again. Here was yet another sign that the entire Lone Star State was still in the grip of a lingering economic malaise. But perhaps not. True enough, Dallas is in deep trouble. Like Houston before it, it kept putting up glass-and-steel office buildings as fast as banks would make ill-advised loans.
BUSINESS
January 26, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
After years of neglect, angry consumers are finally being heard at the state Department of Insurance. The department is making it easier to file a grievance against an insurer and is hiring more people to handle the complaints. Moreover, the department's Web site has been redesigned with consumers in mind, and its annual complaint survey has been prominently posted.
NEWS
January 30, 1986 | KENNETH REICH, Times Staff Writer
For the first time, the California Department of Insurance has publicly released a list showing which automobile insurance companies doing business in the state have the best and worst records of justified consumer complaints, as investigated by the department. The issuance of the list comes at a time when the department has been under increasing pressure by consumer groups to make more information available to the public on insurance company conduct and pricing in California.
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