Fact-Check & Additional Resources:
- California Insurance Code § 2695.7(b): The official regulation governing the 40-day rule.
- Yacullo v. AIG Property Casualty Company (2024): Read the full court ruling – Order Denying Motion for Summary Judgment.
- National Association of Insurance Commissioners (NAIC) Model Regulations: Overview of standard claim settlement deadlines.
- For a deeper dive into insurance law and consumer protections, join my Patreon community, Legal Insights and Strategies by Samuel Lopez for exclusive legal analyses and insider strategies.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute legal advice.
