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| TODAY'S TOP DEVELOPMENTS |
Thursday, April 16, 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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Subrogation
Apartment Lease Permitted Landlord’s Insurer’s Subrogation Action against Tenants, Minnesota Appeals Court Rules
An appellate court in Minnesota, reversing a trial court’s decision, has ruled that a landlord’s insurer could bring a subrogation action against tenants whose negligence allegedly led to a fire that damaged their apartment where the apartment lease indicated that the tenants would be liable for property loss they caused that was paid for by the insurer. Read More
Homeowners Insurance
Post-Loss Assignee Did Not Need an Insurable Interest at Time of Loss to Sue Insurer, Florida Appeals Court Decides
An appellate court in Florida, reversing a trial court’s decision, has held that a post-loss assignee of the right to recover under a homeowner’s insurance policy could proceed with its action against the insurance company because Florida law did not require that a post-loss assignee have an insurable interest at the time of loss. Read More
Automobile Insurance
Wisconsin Appeals Court Upholds “Drive Other Car” Exclusion as a Bar to UIM Coverage
An appellate court in Wisconsin, affirming a trial court’s decision, has ruled that an insured who was injured when driving his motorcycle through an intersection and colliding with another vehicle was not entitled to underinsured motorist benefits where his policy named his two automobiles but not his motorcycle. Read More
Superstorm Sandy
Flood Exclusion Dooms Law Firm’s Bid for Business Income Coverage in Superstorm Sandy Case
In a Superstorm Sandy case, the U.S. District Court for the Southern District of New York has ruled that the flood exclusion in an insurance policy issued to a law firm located in lower Manhattan precluded its claim for loss of business income resulting from evacuation orders issued by New York City’s mayor. Read More |
View All Case Law Developments |
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In the States
Taxes on Insurance Companies Are Cut in Arizona
Arizona Governor Doug Ducey has signed a bill into law that will reduce taxes paid to the state by insurance companies over the next decade by an estimated $44 million per year once the full reduction takes effect. Read More
In the States
Pat McPharlin to Lead Michigan’s Department of Insurance and Financial Services
Pat McPharlin has been named Michigan’s new director of the state Department of Insurance and Financial Services, replacing outgoing Ann Flood. Read More
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View All Legislative/Regulatory Developments |
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| Daniel Tranen Joins Wilson Elser’s Office in Edwardsville, Illinois Read More |
Insurance Litigators Laura Besvinick and Julie Nevins Join Stroock in Miami Read More |
AIA Names David Pearce Vice President and Director of Tax Policy Read More |
XL Group and Cobalt Underwriting Launch Shariah Compliant Equine Insurance Through Lloyd’s Read More |
Malpractice Insurer’s Study Reveals Why Emergency Medicine Physicians Are Sued Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire March / 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
Cort T. Malone, Anderson Kill, P.C. |
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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 |
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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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