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TODAY'S TOP DEVELOPMENTS |
Monday, April 25, 2016 |
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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 General Liability "Other Insurance" Clause in Primary CGL Policy Violated Public Policy, California Appellate Court Holds
An appellate court in California, reversing a trial court's decision, has ruled that enforcement of an "other insurance" clause in a primary commercial general liability insurance policy violated public policy — whether or not the clause was in the policy's "coverage" section alone or also in its "limitations" section. Read More
Title Insurance
Michigan Supreme: "Full Credit Bid" Rule Did Not Bar Contract Claims Against Title Insurers
The Michigan Supreme Court has ruled that the full credit bid rule did not preclude contract claims against third parties, including title insurers. Read More
Commercial General Liability
Condo Buyers' Negligent Misrepresentation Claim Against Seller Did Not Trigger Coverage, Wisconsin Appeals Court Declares
An appellate court in Wisconsin, affirming a trial court's decision, has ruled that negligent misrepresentation claims by buyers of a condominium were not covered by the seller's insurance policy and that the insurer, therefore, had no duty to defend or indemnify the seller. Read More
Farm
Technical Meaning of "Ensuing Loss" May Be Affected by Insureds' Expectations, Missouri Appeals Court Rules
An appellate court in Missouri, reversing a trial court's decision, has ruled that contested facts precluded a determination as to whether the "technical meaning" of the term "ensuing loss" was "inconsistent with the ordinary meaning and reasonable expectations of the parties." Read More |
View All Case Law Developments |
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In the States
Florida Law Authorizes Certain Insurers to Offer Limited Sinkhole Coverage
Florida Governor Rick Scott has signed a bill into law that authorizes certain insurers to offer limited sinkhole coverage insurance in Florida effective July 1, 2016. Read More
Federal Actions
New Jersey Lender to Pay $113 Million to Resolve Insured-Mortgage Charges
Freedom Mortgage Corp. has agreed to pay the United States $113 million to resolve allegations that it violated the federal False Claims Act by knowingly originating and underwriting single family mortgage loans insured by the Federal Housing Administration of the U.S. Department of Housing and Urban Development that did not meet applicable requirements for the insurance program. Read More |
View All Legislative/Regulatory Developments |
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Beazley and Munich Re to Offer Enterprisewide Cyber Protection for Digital Assets Read More |
Business Interruption Due to Breach Is Top Cyber Risk Concern, Aon Report Finds Read More |
Endurance Hires Michael Nardiello for Global Risk Solutions Read More |
FC&S Legal Publishes "2015 Excess and Surplus Lines Laws: Oklahoma" Read More |
Ironshore to Acquire Remaining 80 Percent Stake in Lexon Surety Group Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Spring Insurance Coverage Law Report |
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View Insurance Coverage Law Report Archives |
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Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com |
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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@nuco.com.
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FC&S Legal: The Insurance Coverage Law Information Center |
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