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TODAY'S TOP DEVELOPMENTS |
Tuesday, July 22, 2014 |
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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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Insurance Fraud
"Void for Fraud" Provision Does Not Authorize Insurer to Void Coverage for All Insureds After Only One Commits Fraud, Washington Appeals Court Rules
An appellate court in Washington, affirming a trial court's decision, has ruled that public policy did not allow an automobile insurance carrier to void coverage for all insureds after only one named insured had committed fraud. Read More
Insurance Fraud
Workers' Comp Insurers' Action Alleging Fraudulent Marketing of Two Drugs for "Off-Label" Use Is Dismissed
A federal district court in Pennsylvania has dismissed a fraud action brought by a number of workers' compensation insurance carriers alleging that they had been defrauded by the fraudulent marketing of two drugs for "off-label" uses that had been prescribed by doctors treating workers whose medical expenses they had paid. Read More
Insurance Fraud
How Far Must an Insurer Go to Show Possible Insurance Fraud to Defeat an Insured's Summary Judgment Motion in a Coverage Action? A Michigan Court Explains
Generally speaking, a court is not likely to find insurance fraud merely from the fact that a loss actually was a little bit less than the insured had claimed. How much evidence is enough at the summary judgment stage, however, for a court to throw the question of insurance fraud to a jury? A federal district court in Michigan explained in a recent decision. Read More
Insurance Fraud
After the Fraud: Defendant Loses Bid to Have RICO Judgment Deemed Satisfied After Two Co-Defendants Settled
Insurance companies are bringing more and more fraud actions against policyholders, health care providers who treat policyholders, and others involved in the insurance process. A defendant in one such case, against whom a significant judgment had been entered, moved to mark the judgment that had been entered against him satisfied. If the risks of engaging in insurance fraud are not high enough, then the court's decision denying the defendant's motion provides yet another significant deterrent. Read More |
View All Case Law Developments |
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Insurance Fraud
Three Charged with Health Insurance Fraud Allegedly Involving Over $50 Million of Unneeded Medical Procedures
A federal grand jury has indicted three Southern California residents for allegedly participating in a scheme to defraud health insurance programs by submitting bills for more than $50 million in medically unnecessary medical procedures performed on insurance beneficiaries who received free or discounted cosmetic surgery. Read More
International
As Regulatory Restrictions Ease, Asian Insurers Target Global Real Estate, CBRE Research Finds
The increasing liberalization of regulatory restrictions on Asian insurance funds could lead to an additional US$75 billion entering global real estate markets by 2018, with New York and London among the key targets, according to the latest research from CBRE. Read More |
View All Legislative/Regulatory Developments |
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Iron-Star Excess Agency Forms Underwriting Alliance with Hamilton Re Read More |
50 Top Performing Insurance Companies Named by Ward Group Read More |
OneTitle Names Alan Doran as Executive Vice President Read More |
Heritage Insurance Assumes $59 million in Annualized Premium from Sunshine State Insurance Read More |
Chief Executive Insurance Services Introduces Enhanced Personal Director's Liability Insurance Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire July Insurance Coverage Law Report |
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View Insurance Coverage Law Report Archives |
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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
Donald S. Malecki, Malecki, Deimling, Nielander &
Associates, LLC |
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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 |
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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 [email protected].
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FC&S Legal: The Insurance Coverage Law Information Center |
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