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TODAY'S TOP DEVELOPMENTS Tuesday, March 8, 2016   Industry news, expert analysis, and daily updates on the most significant insurance coverage legal developments—from the insurance and legal experts of The National Underwriter Company.  CASE LAW Automobile Insurance Delaware Supreme Court Adopts Majority Rule That Bad-Faith Failure-to-Settle Claim Accrued When Excess Judgment Became Final and Non-Appealable The Delaware Supreme Court, adopting the majority rule, has held that a bad-faith failure-to-settle claim accrued when an excess judgment became final and non-appealable. Read More Automobile Insurance Insured's Right to Arbitration Was Waived by Her Counsel's "Prolonged Inaction," N.J. Appeals Court Decides An appellate court in New Jersey, affirming a trial court's decision, has ruled that an insured had waived her right to arbitration of her claim for uninsured motorist benefits "through her counsel's prolonged inaction, which demonstrated an indifference to, and abandonment of, her right." Read More Automobile Insurance Self-Insurer Had No Duty to Pay No-Fault Benefits Where Auto Was Not Subject to Michigan No-Fault Law, Appeals Court Concludes A Michigan appeals court has ruled that a self-insurer was not obligated to pay no-fault benefits to a person injured in an accident with a vehicle it owned but registered elsewhere where the vehicle was not subject to Michigan's no-fault law because it had not been in Michigan for 30 days. Read More Homeowners Insurance Law Requiring Cancellation Notice to Insured and Agent Did Not Apply to Homeowners' Policy, North Carolina Appeals Court Holds An appellate court in North Carolina, affirming a trial court's decision, has ruled that a North Carolina insurance law requiring that an insurer notify its insured and the insured's agent of record to cancel a policy did not apply to a homeowners' insurance policy. Read More View All Case Law Developments    LEGISLATIVE/REGULATORY Federal Actions Treasury's Federal Insurance Office Requests Voluntary Data from Insurers Regarding Participation in the Terrorism Risk Insurance Program The U.S. Department of the Treasury's Federal Insurance Office has published a notice in the Federal Register requesting that insurers voluntarily submit certain insurance data and information regarding their participation in the Terrorism Risk Insurance Program. Read More Federal Actions FSOC Reaffirms MetLife's SIFI Designation The Financial Stability Oversight Council has reaffirmed its designation of MetLife, Inc., for enhanced prudential standards and supervision by the Board of Governors of the Federal Reserve System. Read More View All Legislative/Regulatory Developments      INDUSTRY NEWS Ironshore Establishes Private Client Group for High Value Homeowners Read More Timothy Smith Joins NORCAL Mutual as New Head of Claims Read More XL Group plc Proposes Redomestication to Bermuda from Ireland Read More Allianz Worldwide Care Launches International Health Insurance Plans for Expats and Nationals in Lebanon Read More Internet of Things and Increasing Digital Demand Signal Major Insurance Industry Disruption, According to Capgemini and Efma Report Read More View All Industry News   Form Analysis Equipment Breakdown Coverage Form Browse our entire library of over 2,500 insurance resources and forms.    INSURANCE COVERAGE  LAW REPORT View Entire January/February Insurance Coverage Law Report   View Insurance Coverage Law Report Archives   Steven A. Meyerowitz, ESQ. Director, FC&S Legal smeyerowitz@alm.com Victoria Prussen Spears, ESQ. Associate Director, FC&S Legal vspears@alm.com FC&S Legal Editorial Advisory Board Mitchell J. Auslander, Willkie Farr & Gallagher LLP Carrie Cope, Schuyler, Roche & Crisham, P.C. Anjali C. Das, Wilson Elser John F. Finnegan, Chadbourne & Parke LLP Michele L. Jacobson, Stroock & Stroock & Lavan LLP Timothy P. Law, Reed Smith LLP Cort T. Malone, Anderson Kill, P.C. Richard D. Milone, Kelley Drye & Warren LLP Joseph P. Monteleone, Rivkin Radler LLP Anne M. Murray, Rivkin Radler LLP Jerold Oshinsky, Kasowitz, Benson, Torres & Friedman LLP Seth B. Schafler, Proskauer Rose LLP Thomas F. Segalla, Goldberg Segalla David D. Thamann, The National Underwriter Company FC&S Daily Legal Report ($1,295 annual subscription) is included as part of your subscription to FC&S Legal: The Insurance Information Center. FC&S Daily Legal Report and The Insurance Coverage Law Report are publications of The National Underwriter Company. For more information, visit www.fcandslegal.com. To subscribe to FC&S Legal, please contact customer service at 1-800-543-0874 or customerservice@nuco.com. FC&S Legal: The Insurance Coverage Law Information Center    LinkedIn   To ensure future delivery of email, please add admin@list.nationalunderwriter.com to your address book, contacts or safe sender list. You have received this email at %%merge members_.emailaddr_%%. Click here to unsubscribe from %%merge list.descshort%%. Copyright ©2016 The National Underwriter Company, A Division of ALM Media LLC. All rights reserved. 4157 Olympic Blvd., Suite 225 Erlanger, KY 41018 1-800-543-0874