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| TODAY'S TOP DEVELOPMENTS |
Wednesday, June 29, 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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Homeowners Insurance
West Virginia Supreme: 10 Year Statute of Limitations, Not Policy's One Year Suit Limitation Period, Governed Insureds' Breach of Contract Action Against Insurer
The West Virginia Supreme Court, affirming a trial court's decision, has ruled that a one year suit limitation period in a homeowners insurance policy was invalid and, therefore, that a 10 year statute of limitations applied to the insureds' breach of contract action against their insurer. Read More
Endorsements
Washington Supreme: "Change in Condition Endorsement" Unambiguously Precluded Coverage for Water Damage Immediately Upon Vacancy
The Washington Supreme Court, affirming an appellate court's decision, has ruled that the term "vacant" in a "Change in Condition Endorsement" was unambiguous and that the endorsement excluded coverage for water damage immediately upon vacancy. Read More
Case Study
Delaware Supreme Court Rejects Bad Faith Claim — A Case Study
The Delaware Supreme Court has issued a decision affirming a trial court's ruling dismissing a bad faith claim against an insurance company. The Delaware Supreme Court's opinion highlights the kinds of steps that, when taken by an insurance carrier, will help to preclude a bad faith ruling in favor of an insured under Delaware law. Read More
Homeowners Insurance
Where There's Fire … and a Misrepresentation Regarding a Central Station Alarm, There's Rescission
An appellate court in Florida, reversing a trial court's decision, has ruled that an insurance company was entitled to rescind a policy after a kitchen fire in the insureds' home because they had misrepresented whether their home was protected by a central station alarm system. Read More |
View All Case Law Developments |
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Federal Actions
FEMA Continues to Experience Challenges in Protecting Personally Identifiable Information at Disaster Recovery Centers
The Office of Inspector General of the Department of Homeland Security has issued a report concluding that the Federal Emergency Management Agency continues to experience challenges in protecting personally identifiable information at disaster recovery centers. Read More
Health Insurance
New York Eliminates Insurance Costs for Mammograms
New York Governor Andrew M. Cuomo has signed legislation intended to expand access to breast cancer screenings by, among other things, removing insurance costs. Read More |
View All Legislative/Regulatory Developments |
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| CBZ Insurance Services Makes Seizure and Confiscation Coverage Available to Legally Operating Cannabis Businesses Read More |
Drivers Age 50+ Want More High Tech Safety in Next Vehicle, According to New Survey Read More |
Teen Drivers Are Still Expensive to Insure, But Costs Have Started to Drop, Study Finds Read More |
Major Auto Insurers Raise Rates an Average of 59 Percent on Lower Income Good Drivers Based on Their Economic Status, CFA Says Read More |
FC&S Legal Publishes "2015 Excess and Surplus Lines Laws: Wyoming" Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Summer 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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