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| TODAY'S TOP DEVELOPMENTS |
Thursday, March 12, 2015 |
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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.
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Professional Liability Insurance
Insurer Must Pay Interest Awarded as Part of State Court Judgment Against Insured, Plus Section 1961 Interest on that Interest, Federal Court Decides
A federal district court has ruled, after a state court judgment against the insured that provided for $1,720.20 per day in interest and after a jury verdict against the insurance company in the subsequent coverage case, that the insurer was obligated to pay the full $1,720.20 per day in interest - plus interest at the federal rate on the full amount of the judgment. Read More
Business Owners
Dishonesty Exclusion Barred Coverage of Claim Alleging that Part-Time Employee Facilitated Theft by Others When She Was Not Working
An appellate court in New Jersey, affirming a trial court's decision, has ruled that a dishonesty exclusion in a businessowners' insurance policy issued to a pharmacy precluded coverage of its claim that a part-time employee had facilitated a theft of merchandise committed by others on her day off. Read More
Commercial General Liability
"Your Work" Exclusions Did Not Bar Coverage for Claims that Construction Manager Damaged Other Contractors' Work, New York District Court Decides
A federal district court in New York has ruled that the "your work" exclusions in a commercial general liability insurance policy did not bar coverage of claims that the insured, while acting as a "construction manager," had damaged other contractors' work, although the court found that the underlying plaintiffs had a "heavy burden" to demonstrate the portion of the judgment that they had obtained against the insured that actually was covered by the policy. Read More
Commercial General Liability
One Insurer May Not Seek to Void Settlement Agreement Between Its Insured and Another Insurer, Louisiana Appellate Court Decides
An appellate court in Louisiana, reversing a trial court's decision, has ruled that one insurance company may not seek to annul a settlement agreement between its insured and a second insurance carrier. Read More |
View All Case Law Developments |
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Insurance Fraud
N.J. Doctor Charged with Fraudulently Billing for Office Visits that Never Took Place
A family medicine physician with offices in Cresskill and Little Falls, New Jersey, has been arrested and charged with fraudulently billing Medicare, Medicaid, and private healthcare insurance companies hundreds of thousands of dollars for physician office visits that were never rendered. Read More
Health Insurance
Health Care Billing Legislation Proposed in Florida
A Florida bill would mandate that preferred provider organizations work directly with medical providers to determine an agreeable payment amount for out-of-network care. Read More
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View All Legislative/Regulatory Developments |
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| Tidjane Thiam to Leave Prudential plc to Become CEO of Credit Suisse Read More |
Goldberg Segalla Adds North Carolina Office, and Lawyers in Philadelphia and London Read More |
Insurance Litigator René Siemens Joins Covington as Partner in Los Angeles Read More |
FC&S Legal Publishes "Migrating Sand Triggers Separate Policy Limits for CGL Policy's Personal Injury and Property Damage Coverages" Read More |
Ironshore Canada Appoints Michael Marino SVP of Energy; Anthony Kapsimalis Joins as Energy Underwriter Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire January / February Insurance Coverage Law Report |
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| View Insurance Coverage Law Report Archives |
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| 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. |
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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 |
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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@SummitProNets.com.
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| FC&S Legal: The Insurance Coverage Law Information Center |
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