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TODAY'S TOP DEVELOPMENTS Friday, March 25, 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

Superstorm Sandy
N.J. District Court Refuses to Reopen Superstorm Sandy Case Dismissed After "Months of Inaction"
The U.S. District Court for the District of New Jersey has refused to reopen a Superstorm Sandy coverage case that it had previously dismissed after what it had characterized as "months of inaction," rejecting the plaintiff's argument that his former counsel had been negligent in prosecuting his case.  Read More

Automobile Insurance
West Virginia Supreme Court Overturns Order Requiring Insurer to Disclose Its Insureds' Names and Contact Information in Bad Faith Settlement Case
The West Virginia Supreme Court has ruled that a trial court had erred when it ordered an insurer defending unfair claim settlement allegations arising in connection with a claim for uninsured motorist ("UM") coverage to disclose the names, addresses, and telephone numbers of its other UM insureds.  Read More

Superstorm Sandy
N.Y. Appeals Court in Superstorm Sandy Case Rules that Policy's Deductible was $2.5 Million, Not $250,000
An appellate court in New York, reversing a trial court's decision, has ruled that the applicable deductible in a commercial property insurance policy was $2,494,020 and that the claim submitted by the insured for damage caused by Superstorm Sandy did not meet the deductible.  Read More

Builders Risk
North Dakota Supreme Court Affirms Dismissal of Insured's Negligence Claim Against Agency, Finding No Breach of Duty or "Special Relationship"
The North Dakota Supreme Court has ruled that an insured's negligence claim against an insurance agency had been properly dismissed, where the agency had breached no duty to the insured and had no "special relationship" with the insured.  Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

Federal Actions

AIG Affiliates Settle Conflicts Charges with SEC for $9.5 Million
Three AIG affiliates have settled charges by the Securities and Exchange Commission that they steered mutual fund clients toward more expensive share classes so the firms could collect more fees.  Read More

Health Insurance
Ex-Blue Cross Blue Shield Employee Charged with Submitting Hundreds of Fraudulent Medical Claim
Frank John Leli, a former business analyst for Blue Cross Blue Shield of Florida, has been charged with defrauding it of nearly $40,000 by submitting more than 350 claims for medical services that had never occurred.  Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Insurance Attorney Marcus R. Tucker Joins Phelps Dunbar in Houston as Partner   Read More

Insurance Litigators Robbie Moehlmann and Travis Erskine Join Houston Office of Walker Wilcox Matousek   
Read More

LeClairRyan Adds 13 to Boston Office's Insurance Coverage Litigation Practice   
Read More

Goldberg Segalla Opens New Florida Offices Led by Rodney Janis   
Read More

Stephen J. Johnson, Former Deputy Insurance Commissioner for Pennsylvania Insurance Department's Office of Corporate and Financial Regulation, Joins Stradley Ronon   
Read More

View All Industry News
 
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Discussion
The Meaning of Repossession

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 INSURANCE COVERAGE
 LAW REPORT
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View Entire Spring Insurance Coverage Law Report
 
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60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@alm.com
60px_newSpears 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
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