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TODAY'S TOP DEVELOPMENTS |
Thursday, April 17, 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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Homeowners Insurance
Exclusion in Homeowner's Policy for Bodily Injury Arising Out of Use of a Motor Vehicle Barred Coverage of Claim that Teen Died in Car Accident After Drinking at Insured's House
An appellate court in Georgia, affirming a trial court's decision, has ruled that an exclusion in a homeowner's insurance policy for bodily injury arising out of the use of a motor vehicle barred coverage of a claim brought against the insured homeowner seeking damages for the death of a teenager killed in a car after allegedly drinking alcohol at the insured's house. Read More
Professional Liability Insurance
Law Firm's $175,000 Loss from Fraudulent Cashier's Check Was Not Covered by Its Professional Liability Insurance Policy, North Carolina Appellate Court Affirms
A North Carolina appellate court, affirming a trial court's decision, has ruled that a professional liability insurance carrier was not obligated to cover a $175,000 loss sustained by a law firm from a fraudulent cashier's check, finding that that amount had not been "irrevocably credited" by the payor bank before the firm released that amount from its account. Read More
Automobile Insurance
Insured, Having Confirmed a Chapter 13 Bankruptcy Plan, May Use Insurance Proceeds Received after Auto Accident to Purchase Substitute Auto, Court Rules
A federal district court in Kentucky has ruled that an insurance payment received by an insured after an automobile accident belonged to her bankruptcy estate and that she could use those funds to purchase a replacement car, with her creditor receiving a first lien on that vehicle. Read More
Homeowners Insurance
Appraisal Not Warranted Where Dispute Was Over Coverage, Not Difference in Pricing
An appellate court in Georgia, affirming a trial court's decision, has ruled that a homeowner was not entitled to demand appraisal of his claim where his dispute with his insurance carrier involved a question of coverage rather than the amount needed to make agreed-upon repairs. Read More |
View All Case Law Developments |
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Federal Actions
Federal Insurance Office Seeks Information on Availability and Affordability of Auto Insurance
The Federal Insurance Office is seeking information on the availability and affordability of auto insurance. Read More
In the States
NAIC 2014 Spring National Meeting
The National Association of Insurance Commissioners (NAIC) held its 2014 Spring National Meeting from March 29 to April 1, 2014 in Orlando, Florida. This Eye on the Experts article highlights some of the developments from the Spring National Meeting. Read More
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View All Legislative/Regulatory Developments |
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In-House Counsel and Insurance Company Executives to Share Perspectives in Philadelphia at Insurance Coverage Conference Read More |
Extending Terrorism Insurance Program Could Save Federal Government Money after Future Attacks, RAND Study Finds Read More |
Guardian Purchases Premier Access Insurance to Strengthen Dental Network Read More |
QBE Undertaking Strategic Review of U.S. Middle Market Business Read More |
Coverys Partners with Academic Professional Insurance RRG to Provide Professional Liability Insurance to Medical Students 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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