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TODAY'S TOP DEVELOPMENTS Tuesday, May 13, 2014

 
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

Endorsements
Exclusion Bars Coverage in Blast-Fax Case, Illinois Appeals Court Rules
An appellate court in Illinois, reversing a trial court's decision, has ruled that Endorsement FE-6655 barred coverage of claims against an insured in a blast-fax case. Read More

Claims Resolution

Dispute Over Insurer's Continuing Obligation to Defend and Indemnify Insured Over Asbestos Claims Ruled Subject to Arbitration
A federal district court in New Jersey has ruled that a dispute over an insurer's continuing obligation to provide defense and indemnification to an insured in connection with certain asbestos claims was subject to arbitration. Read More

Claims Resolution
Court in DJ Action Denies Motion to Opt Out of Mediation Required by Its ADR Plan
A federal district court in New York has refused to grant the parties to a declaratory judgment action relief from the mediation requirement in its alternative dispute resolution plan. Read More

Crime
Appeals Court Upholds Coverage of Loss from Armored Car Company Theft
An appellate court in New York has affirmed a trial court's decision in favor of an insured, finding that its insurance carrier was obligated to cover a loss allegedly resulting from theft by armored car company officers. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

Federal Actions

AIG Settles Charges of Violating Cuban Assets Control Regulations
American International Group, Inc., has agreed to remit $279,038 to settle potential civil liability for 3,560 apparent violations of the Cuban Assets Control Regulations that allegedly occurred between January 1, 2006 and March 29, 2009. Read More

Alternative Risk and Captives

FSOC Report Explores Regulation of Captives
The Financial Stability Oversight Council has issued its 2014 annual report, which contains a significant section on captives. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Insurance Claims Attorney Barry E. Aronin Joins LaBovick Law Group Read More

FC&S Legal Publishes Nelson Levine De Luca & Hamilton's Bad Faith Compendium: Rhode Island 
Read More

Insured Metal Theft Claims See Three-Year Decline, According to National Insurance Crime Bureau Report 
Read More

Jeffrey A. Cruey Promoted to Divisional President of Great American Insurance Group 
Read More

American Integrity Insurance Launches High Value Home Insurance Read More

View All Industry News
 
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Q & A
Intentional Acts and Unintentional Results

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Browse our entire library of over 2,500 insurance resources and forms.
 
 INSURANCE COVERAGE
 LAW REPORT
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View Entire May Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
 
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@SummitProNets.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@SummitProNets.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
Donald S. Malecki, Malecki, Deimling, Nielander &
Associates, LLC
Cort T. Malone, Anderson Kill & Olick, P.C.
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
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@SummitProNets.com.

FC&S Legal: The Insurance Coverage Law Information Center
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