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TODAY'S TOP DEVELOPMENTS Wednesday, April 19, 2017  

 
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

Homeowners Insurance
Glassblowing May Be an Art. But Policy Excluded Coverage for It As a Business, Vermont Supreme Court Rules
The Vermont Supreme Court has ruled that a homeowner's part-time glassblowing activities constituted a "business" for purposes of an exclusion in his insurance policy, even if he thought of it as an "expensive art."  Read More

Automobile Insurance
Policyholders May as Well Skip the Declarations Page to Determine Coverage, Missouri Supreme Court Ruling Suggests
The Missouri Supreme Court, reversing a trial court's decision, has ruled that the declarations page in a policy providing underinsured motorist ("UIM") coverage did "not grant any coverage" and that, when the policy was read as a whole, it was "clear that a reader must look elsewhere to determine the scope of coverage."   Read More

Automobile Insurance
Minnesota Supreme Court Caps Insureds' Recovery in Statutory Bad Faith Cases
The Minnesota Supreme Court has ruled that the "proceeds awarded" to an insured under Minn. Stat. § 604.18 — which authorizes the award of "taxable costs" when an insurer denies benefits without a reasonable basis — were "unambiguously" capped by the insurance policy limit.  Read More

Automobile Insurance
Fighting About Costs in an Insurance Coverage Case? This Is for You
A federal district court in Florida has issued a decision that explains how to calculate and prove recoverable costs in an insurance coverage case.  Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

Health Insurance

N.Y. Fines Health Insurer $1 Million for Illegally Denying Contraceptive Coverage to Consumers
Excellus Health Plans, Inc., has been fined $1 million by the New York State Department of Financial Services for violations of New York Insurance Law.  Read More

Alternative Risk and Captives
Cayman Islands Licenses 8 New Insurers in First Quarter of 2017
The Cayman Islands has issued eight new insurer licenses in the first quarter of this year.  Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Nautilus Insurance Group Names Trish Buckhardt Senior Vice President for Strategic Initiatives   Read More

North American Title Insurance Hires Sara Valenz as Regional Underwriting Counsel for Massachusetts and Pennsylvania   
Read More

FC&S Legal Publishes "Insurance Implications of Legal Marijuana: Questions Continue to Roll In"   
Read More

Auto Insurers Charging Higher Rates in Some Minority Neighborhoods, ProPublica and Consumer Reports Assert   
Read More

PartnerRe Completes Aurigen Acquisition   
Read More

View All Industry News
 
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Q&A
Fencing Interpreted as Part of a Dwelling under the Texas Supreme Court

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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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