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Illinois Bad Faith Lawsuit Proves that Time Is Money

Illinois Bad Faith Lawsuit Proves that Time Is Money

A recent appellate decision out of Illinois demonstrates that an insurer’s bad faith is not necessarily limited to an outright refusal to pay; bad faith can also include a failure to pay within a reasonable amount of time.
As reported by The National Law Review, Rockford Mutual...

How to Avoid the Rising Tide of Cannabis Lawsuits

How to Avoid the Rising Tide of Cannabis Lawsuits

The cannabis market is shaping up to be the major sector it was long expected to become. Currently, its global market is estimated at around $7.7 billion. Some projections estimate that the international market could top $31 billion by 2021.
Such staggering growth is sure to bring about...

Top Cannabis Stock Surpasses Apple Among Millennial Investors

Top Cannabis Stock Surpasses Apple Among Millennial Investors

If there’s a battle between the iPhone and weed, guess which one is winning among millennials? The green rush is on, especially for those under 40. Robinhood is one of the top trading apps for millennial investors, and the top stock held by millennials on this app is Aurora Cannabis. More...

State Farm Must Pay Couple $46K for Breach of Contract for Homeowner Policy

State Farm Must Pay Couple $46K for Breach of Contract for Homeowner Policy

In a case that could have sweeping national implications, a Pennsylvania court has ordered State Farm, the Commonwealth’s largest purveyor of homeowners’ insurance policies, to pay a couple $46,000 for breaching the terms of their policy. The case arose from the highly questionable,...

Cannabis HR is (Mostly) Just Like Any Other Industry

Cannabis HR is (Mostly) Just Like Any Other Industry

By and large, the cannabis industry’s approach to human resources is like any other industry. At its heart, companies must remain compliant to state and federal regulations. However, due to its legal status, cannabis presents hurdles that other industries don’t have to...

High Times Acquires Spannabis

High Times Acquires Spannabis

High Times first started publication in 1974, making it the most venerable of all cannabis magazines, but it originally began as a one-off spoof on Playboy, with marijuana substituted for sex. Richard Nixon was president, and he was waging war on weed.
Yes, its initial funding came from the...

No Medical Marijuana Ad for Super Bowl

No Medical Marijuana Ad for Super Bowl

What do California and Massachusetts have in common, other than the fact that their teams are facing off in the Super Bowl on February 3? In both states, both medical and recreational cannabis are legal.
Along with the game, the commercials are among the event’s biggest attractions for...

Top 10 Signs of California Insurance Bad Faith

Top 10 Signs of California Insurance Bad Faith

Californians invest thousands of their hard-earned dollars into insurance policies every year. The assurance that your business, home, and family will be well taken care of in the event of a tragedy is worth it.
When an insurance company denies your policy benefits, delays payment, or pays...

Cannabis Is “The New Tech” Right Down to the Bubble

Cannabis Is “The New Tech” Right Down to the Bubble

Major players in the burgeoning cannabis industry seem to be channeling the 1990s with references to the pot business as “the new tech” and an admission that the market for cannabis stocks might be overinflated and ready to burst.
To the first point, Carol Bartz, former Yahoo! CEO...

After the Fires Die Down, Watch Out for Bad Faith

After the Fires Die Down, Watch Out for Bad Faith

Larry Spanier’s dream house was in Fountaingrove, California, near Santa Rosa. It was where he had chosen to retire after a career as an aerospace executive. In 2017, though, record-setting wildfires ravaged the area. The home was completely destroyed. Spanier relied on a policy from the...

David Kani & Steve Hochfelsen are represented by Elite Lawyer Management, managing agents for America's best attorneys.