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| TODAY'S TOP DEVELOPMENTS |
Thursday, July 9, 2015 |
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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 General Liability
Hunt Club’s Policy Did Not Cover Member Sued for Allegedly Shooting Person While Hunting, Fourth Circuit Decides
The U.S. Court of Appeals for the Fourth Circuit, affirming a magistrate judge’s decision, has ruled that a member of a hunt club who allegedly shot someone while hunting at the club was not entitled to coverage under an endorsement to the club’s commercial general liability insurance policy affording coverage to club members “with respect to [member] liability for [the club’s] activities.” Read More
Automobile Insurance
Police Vehicle Is Not “Motor Vehicle” Covered by SUM Endorsement, N.Y.’s Top Court Rules
New York’s highest court, the New York Court of Appeals, reversing an intermediate appellate court’s decision, has ruled that a police vehicle is not a “motor vehicle” covered by a supplementary uninsured/underinsured motorist endorsement mandated for all “motor vehicle” insurance policies by New York Insurance Law § 3420(f)(2)(a). Read More
Verdicts & Settlements
Jury Finds Plaintiff Did Not Suffer “Serious Injury” Under New York’s No-Fault Insurance Law
After a New York state court judge ruled that the defendant was liable for an auto accident, a jury trial was held on damages. The jury awarded no damages to the plaintiff, however, finding that the plaintiff had not suffered a “serious injury” for purposes of New York’s no-fault insurance law. Read More
Homeowners Insurance
Finding Insureds Had Engaged in Fraud and Bad Faith, Court Voids Policy and Enters $4.1 Million Judgment in Insurer’s Favor
A federal district court in Missouri, after a bench trial, has ruled that two homeowners had violated their insurance policy’s “Concealment or Fraud” provision and that, as a result, their policy was void. The court also entered judgment against the homeowners in the amount of $4,076,806.61. Read More |
View All Case Law Developments |
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In the States
Vermont Department of Financial Regulation Warns Insurers About Price Optimization in Personal Lines Ratemaking, and Seeks Data
The Vermont Department of Financial Regulation has issued a bulletin regarding price optimization in personal lines ratemaking. Read More
In the States
Richard J. Badolato Replaces Ken Kobylowski as New Jersey Insurance Chief
Richard J. Badolato has been named by New Jersey Governor Chris Christie to replace Ken Kobylowski as Commissioner of Banking and Insurance. Read More |
View All Legislative/Regulatory Developments |
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| Wind and Hail Policies for Churches to be Written by Maison Insurance in Alliance with Brotherhood Mutual Insurance Read More |
Howden and Insurisx Announce Cyber Insurance Offering Read More |
Allstate Foundation Report Finds Parents Unaware of Teens’ Dangerous Driving Habits Read More |
XL Catlin’s Cyber Insurance Business Expands Data Breach Response Specialists Network Read More |
More U.K. Families Have Pet Insurance than Critical Illness and Income Protection Cover Combined, Aviva Reports Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire July/August 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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