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TODAY'S TOP DEVELOPMENTS |
Monday, April 7, 2014 |
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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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Commercial Property
Have You Ever Seen The Rain? Iowa Appeals Court Has, and Rules that Rainwater in a Drain Pipe that Burst Was Not Rain
What is the meaning of “rain”? An Iowa appellate court had to answer that question in an insurance coverage dispute between Amish Connection, Inc., and its insurance carrier, State Farm Fire & Casualty Company. Read More
Professional Liability Insurance
Former Energy Department Executive Loses Bid for Coverage of Legal Expenses Stemming from Solyndra Investigation
A federal district court in the District of Columbia has ruled that the former executive director of the Loan Programs Office of the U.S. Department of Energy was not entitled to coverage for his legal expenses in connection with government investigations of a loan guarantee to Solyndra, LLC, because he was no longer a government employee. Read More
Homeowners Insurance
Mold Caused by Leak that Had Been Occurring “Over a Period of Time” Is Not Covered, Court Rules
A federal district court in New Jersey has ruled that a homeowner’s insurance carrier was not obligated to honor a claim for damage to an insured home due to a water leak and resulting mold where the leak had been occurring “over a period of time.” Read More
Attorney’s Fees
Prevailing Insurer’s Failure to Comply with Oklahoma Statute Dooms Its Bid for Attorney’s Fees
A federal district court in Oklahoma has ruled that a prevailing insurance company was not entitled to attorney’s fees under an Oklahoma law where it had not complied with all of the statute’s requirements. Read More |
View All Case Law Developments |
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Life Insurance
13 Charged and, Now, 13 Guilty in $1.25 Billion Viatical and Life Settlement Fraud
Now, all 13 who had been charged in what prosecutors have characterized as a $1 billion scheme to defraud 30,000 investors in Mutual Benefits Corporation stand convicted. Read More
Automobile Insurance
National Insurance Crime Bureau Finds that Florida’s No-Fault Reform is “Trending in the Right Direction”
The National Insurance Crime Bureau has released a new report revealing a decline in Florida’s personal injury protection questionable claims. Read More
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View All Legislative/Regulatory Developments |
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FC&S Legal Publishes “Ongoing or Completed Operations? Fifth Circuit Finds No Duty to Defend Contractor under Additional Insured Endorsement” Read More |
ACE Appoints David Charlton as Division President of Property & Casualty and Micro-Business for ACE Commercial Risk Services Read More |
Capital Insurance Group CEO Peter Cazzolla to Retire Read More |
Allstate Closes Sale of Lincoln Benefit Life Read More |
Hudson Insurance Group Acquires Motor Transport Underwriters Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire April 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
Donald S. Malecki, Malecki, Deimling, Nielander &
Associates, LLC |
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Cort T. Malone, Anderson Kill & Olick, P.C.
D. Milone, Kelley Drye & Warren LLP
Joseph P. Monteleone, Tressler LLP
Anne M. Murray, Rivkin Radler LLP
Jerold Oshinsky, Kasowitz, Benson, Torres &
Friedman LLP
Seth B. Schafler, Proskauer Rose LLP
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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