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| TODAY'S TOP DEVELOPMENTS |
Wednesday, April 26, 2017 |
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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
5 Rules of Insurance Bad Faith, According to the Texas Supreme Court
The Texas Supreme Court has issued a decision setting forth five rules about statutory bad faith under the state's Insurance Code. Read More
Excess
Asbestos Exclusion in 30-Year-Old Excess Insurance Policies Was Not Ambiguous, Third Circuit Rules
The U.S. Court of Appeals for the Third Circuit has ruled that the phrase "arising out of asbestos" in an exclusion in 30-year-old excess insurance policies was not ambiguous and excluded coverage for losses related to raw asbestos as well as for losses related to asbestos-containing products. Read More
Professional Liability Insurance
For Yet a Fourth Time, N.Y. Trial Court Rules Against Insurers in Bear Stearns Coverage Battle
For the fourth time over many years of litigation, a New York trial court has ruled against insurance companies in an insurance coverage action seeking to determine whether the insurers must indemnify for Bear Stearns' monetary settlement of Securities and Exchange Commission and New York Stock Exchange investigations and related private litigation arising out of Bear Stearns' alleged facilitation of late trading and deceptive market timing. Read More
Claims Resolution
It's Only April, and State Supreme Courts Already Have Decided Over Three Dozen Insurance Coverage Cases This Year
State supreme courts have issued more than three dozen significant decisions on insurance coverage already this year. Read More |
View All Case Law Developments |
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Automobile Insurance
Autonomous Vehicle Testing Gets Green Light in N.Y.
New York's new budget waives a law prohibiting driverless vehicles, in a move that Gov. Andrew Cuomo hopes will help power up a new industry in the state. Read More
Health Insurance
N.Y. Tells Health Insurers They Must Cover Office Visits That Include Medical Marijuana Certification Among Other Healthcare Services
The New York State Department of Financial Services has issued guidance to health insurers indicating that they must provide coverage for office visits for covered services, including those that may result in a medical marijuana certification, as long as the visit was not solely for the purpose of the certification. Read More |
View All Legislative/Regulatory Developments |
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| Starbucks Offers Critical Illness Insurance Plan for Employees' Parents—In China Read More |
HDI Global Insurance Company Strengthens Its U.S. Engineering Lines and Construction Division Read More |
Julie F. Kadnar Named Divisional President of Great American Insurance Group Read More |
FC&S Legal Publishes "Managing Risk in Construction Accidents: Why Your Investigation is Key" Read More |
Zurich Completes Acquisition of Cover-More to Become Top Three Global Travel Insurance Provider 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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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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