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| TODAY'S TOP DEVELOPMENTS |
Wednesday, May 3, 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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Claims Resolution
$5.1 Million Judgment Was Not Enforceable in Bad Faith Action Against Insurers Following Settlement and Release
A Pennsylvania appellate court has ruled that a $5.1 million judgment was not enforceable in a bad faith action against insurers where the judgment holders had settled or no longer had enforceable claims against the insured or the other underlying defendants. Read More
Claims Resolution
TPA That Allegedly Failed to Make a Prompt, Fair, and Equitable Settlement Offer May Have a Multi-Million Dollar Problem in Massachusetts
A federal district court in Massachusetts has denied a third-party administrator's summary judgment motion in a case asserting that it had not made a "prompt, fair, and equitable" offer to settle claims arising from the death of a 92-year-old woman in a nursing home. Read More
Claims Resolution
Insurer Had No Duty to Settle Insured's UM Claim Before Trial, Virginia Appeals Court Rules
An appellate court in Virginia has ruled that Virginia law did not impose a duty on the part of an automobile insurer to adjust and settle its insured's demand for uninsured motorist benefits before the insured had obtained a judgment against the uninsured tortfeasor. Read More
Superstorm Sandy
Mortgagee Retroactively Added as Additional Insured Loses Bid for Superstorm Sandy Payments Insurer Previously Paid to Property Owner
A New Jersey appellate court has rejected a mortgagee's argument that an insurer that already had paid a property owner for a Superstorm Sandy claim also had to pay the mortgagee as a result of a retroactive amendment to the policy that added the mortgagee as an additional insured. Read More |
View All Case Law Developments |
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Top 10
Top 10 Legislative/Regulatory Developments from FC&S Legal for April
Here are the Top 10 Legislative/Regulatory Developments from FC&S Legal for April. Read More
Title Insurance
Title Insurance Regulations Proposed in New York Would Limit Business Gifts and Ancillary Fees, and Encourage Independence from Affiliates
New York regulators have proposed two new regulations affecting the title insurance industry. Read More |
View All Legislative/Regulatory Developments |
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| Drug-Impaired Driving Now More Common Than Alcohol-Impaired Driving, Report Says; MADD Comments Read More |
Validus Holdings Completes Acquisition of Archer Daniels Midland Crop Risk Services Business Read More |
MetLife Board Elects Dr. R. Glenn Hubbard Independent Lead Director Read More |
RIMS Announces Awards and Honors Read More |
FC& Legal Publishes "Insurance 2.0 is a Game Changer" 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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