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TODAY'S TOP DEVELOPMENTS |
Thursday, July 24, 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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Commercial General Liability
Travelers Must Pay Over $500 Million to Johns-Manville Asbestos Plaintiffs, Second Circuit Rules
The U.S. Court of Appeals for the Second Circuit, reversing a district court's decision, has ruled that The Travelers Indemnity Company and Travelers Casualty and Surety Company must pay over $500 million to asbestos plaintiffs based on Travelers' obligations under certain settlement agreements reached in the Johns-Manville Corporation bankruptcy proceedings years ago. Read More
Automobile Insurance
Wisconsin Supreme: Insurer Must Defend and Indemnify Permissive User/Alleged Tortfeasor Even Where Allegedly Injured Victim Was the Named Insured
The Wisconsin Supreme Court, affirming an intermediate appellate court's decision, has ruled that an automobile insurance carrier must defend and indemnify a permissive user who was the alleged tortfeasor even where the allegedly injured victim was the named insured under the policy. Read More
Workers Compensation
Benefit Unavailable to Worker When He Was Injured 40 Years Ago May Be Awarded Today, Georgia Appeals Court Rules
An appellate court in Georgia, reversing a lower court's decision, has upheld a workers' compensation board decision awarding a benefit – nurse case management services – to an employee who had been injured 40 years ago even though the benefit was not available to injured workers at the time of the employee's injury. Read More
Commercial General Liability
Although Glass Had Been Installed and Store Was Stocking Up, Glass Was Not Put to Its Intended Use Until Store Actually Opened, Third Circuit Rules
The U.S. Court of Appeals for the Third Circuit, affirming a Pennsylvania district court's decision, has ruled that damage to glass that had been installed in a retail store did not constitute a products-completed operations hazard but, rather, fell under the "your work" exclusion, where the damage had occurred before the store opened to the public – even though it had taken place after stocking, inventorying, and moving into the store had begun. Read More |
View All Case Law Developments |
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Flood
Senate Committee Holding Hearing on Flood Insurance Program
The U.S. Senate Appropriations Committee's Homeland Security subcommittee, chaired by Senator Mary L. Landrieu (D-La) is holding a hearing on the flood insurance program on July 23 at 2:30 p.m. It will be streamed live for those interested in observing. Read More
In the States
Florida Insurance Regulator Ends Certain Cat Fund Emergency Assessments
The Florida Office of Insurance Regulation has terminated a 1.3 percent assessment on most property insurance policies that has been used to pay off past hurricane claims. Read More |
View All Legislative/Regulatory Developments |
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Zurich North America's Chief Legal Officer Dennis Kerrigan Named to Ethisphere Institute's 2014 List of Attorneys Who Matter Read More |
Brendan McCafferty to Become CEO of Flood Re Read More |
Association of Bermuda Insurers and Reinsurers Member Survey Shows $886.8 Million Contribution to Bermuda Economy Read More |
Allstate Elects Michael L. Eskew to Board, Names F. Duane Ackerman as Lead Director Read More |
Catlin Group Partners with Tower of London to Mark Centenary of First World War 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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