Pacific Business Connections, Inc. v. St. Paul Surplus Lines Insurance

Opinion

ASHMANN-GERST, J.

Following the denial of its insurance claim, appellant Pacific Business Connections, Inc. (PBC), brought this action against its insurer, respondent St. Paul Surplus Lines Insurance Company (St. Paul). St. Paul asserted that it was required to cancel the insurance policy pursuant to Insurance Code section 673 (section 673) once it received notice from Premium Financing Specialists of California, Inc. (Premium), the company that financed the insurance premiums, that PBC had defaulted on its loan obligation. The trial court agreed, and granted St. Paul summary judgment.

PB…