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| TODAY'S TOP DEVELOPMENTS |
Monday, July 13, 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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Automobile Insurance
Louisiana Supreme Court Rejects Tort of Negligent Spoliation Asserted Against Insurer and Custodian of Damaged Vehicle
The Louisiana Supreme Court, affirming an appellate court decision in a case brought against an automobile insurance company and the custodian of a vehicle damaged in an auto accident, has ruled that no cause of action exists for negligent spoliation of evidence in Louisiana. Read More
Superstorm Sandy
Superstorm Sandy Settlement Agreement Also Covered Claim for Damage to Insureds' Property Caused by Subsequent Storm, N.J. Court Decides
A federal district court in New Jersey has ruled that a settlement agreement between property owners and their insurance company that resolved the insureds' claim for damage caused to their property by Superstorm Sandy also covered their claim for damage caused to their property by a later storm that occurred prior to execution of the settlement agreement. Read More
Cyberliability
Bond Covering "Fraudulent Entry" Into Insured's Computer Referred to "Hacking," New York's Highest Court Rules
New York's highest court, the New York Court of Appeals, has ruled that an insuring agreement for computer systems fraud that applied to "a fraudulent entry of Electronic Data or Computer Program" did not encompass losses caused by an authorized user's submission of allegedly fraudulent information into the insured's computer system but, rather, only to unauthorized access into the system — "hacking" of the system. Read More
Workers Compensation
Truck Driver Was a "Lent Employee" Who Could Not Sue "Special Employer" for Negligence, Arizona Appeals Court Rules
An appellate court in Arizona, affirming a trial court's decision, has ruled that a truck driver was a "lent employee" who could not sue the company to which he was lent for injuries he allegedly had suffered in an accident while driving that company's truck. Read More |
View All Case Law Developments |
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Health Insurance
GASB Publishes New Standards for Reporting Health Insurance and Other Retiree Benefits
The Governmental Accounting Standards Board has published two Statements it intends will improve the accounting and financial reporting by state and local governments for postemployment benefits other than pensions, primarily retiree health insurance. The GASB also issued a third Statement establishing accounting and financial reporting requirements for pensions and pension plans that were outside the scope of the pension standards the GASB released in 2012. Read More
Automobile Insurance
Four Charged in Florida in Connection with Alleged Driver's License Conspiracy
Federal prosecutors in Florida have charged four individuals with conspiracy to aid and abet the unlawful production of Florida driver's licenses and commercial driver licenses. Read More |
View All Legislative/Regulatory Developments |
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| Louis H. Kozloff Becomes a Partner in Goldberg Segalla's Global Insurance Services Team in Philadelphia Read More |
Google Releases Self-Driving Car Project Monthly Report for Junel Read More |
XL Catlin Promotes Joe Blenkinsopp to Chief Underwriting Officer for Political Risk and Trade Credit Read More |
Stronger Advanced Markets' Performance Boosted Insurance Industry Growth in 2014, Swiss Re Study Shows Read More |
New York Life Completes Acquisition of Participating Whole Life Insurance Block from John Hancock, via Reinsurance 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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| 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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