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| TODAY'S TOP DEVELOPMENTS |
Monday, May 1, 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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Commercial Auto
Insurer Could Condition Payment of Policy Limit on Release of Its Insureds, Despite Availability of Excess Insurance, Appeals Court Says
An appellate court in Massachusetts has ruled that an insurer had not committed unfair claim settlement practices when it conditioned the payment of its primary insurance policy limit on a release of all claims against its insureds, notwithstanding the availability of excess insurance. Read More
Excess
Settlement Agreement That Released Insureds Doomed Plaintiff's Bid for Excess Policy Proceeds
The U.S. Court of Appeals for the First Circuit has ruled that a settlement agreement between insureds and a personal injury plaintiff that assigned the insureds' rights against their excess insurer to the plaintiff, but that also released the insureds from liability, did not trigger the excess insurer's duty to indemnify. Read More
Automobile Insurance
Insured's Lawyers Lose Appeal to Overturn Rule 11 Sanctions
An appellate court in Washington has upheld sanctions imposed on an insured's lawyers for claims asserted in a coverage action against the insurer's attorneys. Read More
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 |
View All Case Law Developments |
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International
U.K. Regulator Investigates Aviation Insurance and Reinsurance Brokers for Antitrust Violations
The Financial Conduct Authority in the United Kingdom is conducting an antitrust investigation into suspected conduct within the aviation insurance and reinsurance brokering industry. Read More
Insurance Fraud
Father and Son Charged in Dallas in Alleged $16 Million Hearing Aid Insurance Fraud
Terry Lynn Anderson and his son Rocky Freeland Anderson have been charged by a federal grand jury in Dallas with participating in a $16 million hearing aid insurance fraud that took advantage of Blue Cross Blue Shield of Texas plans offered to employees of American Airlines. Read More |
View All Legislative/Regulatory Developments |
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| Chubb Appoints Matt Merna COO of North America Major Accounts Read More |
Allied World Expands Accounts Receivable Insurance in North America Read More |
XL Catlin Adds Maria L. Duhart to Lead Commercial Bond Product Read More |
Amerisure Appoints New Chief Underwriting Officer Read More |
Generali Global Expands U.S. Operations 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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