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| TODAY'S TOP DEVELOPMENTS |
Friday, August 1, 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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Insurer Insolvency
In Case of First Impression, Pennsylvania Supreme Rules that Coverage Ends for All “Risks in Effect” No Later than 30 Days after Insurer Entered Liquidation
In a case of first impression, the Pennsylvania Supreme Court has ruled that Pennsylvania insurance law terminates coverage for all “risks in effect” under a service contract reimbursement insurance policy no later than 30 days after the insurer enters liquidation, notwithstanding that the insurance policy had been cancelled before the liquidation date. Read More
Trial Strategy
Structuring a Release to Effect Insurance Coverage for Punitive Damages
A unanimous decision by the Georgia Supreme Court appears to offer a method of indirectly obligating an insurance company to pay punitive damages while increasing the amount of uninsured/underinsured motorist benefits an insured receives. Read More
Product Liability Coverage
“Mere Potential” that Some Claims Would Be Covered Did Not Trigger German Insurer’s Duty to Defend Insured, Federal District Court in Illinois Decides
A federal district court in Illinois has rejected an insured’s argument that the “mere potential” that some claims against it would be covered was sufficient to trigger a German insurance company’s duty to defend it. Read More
Workers Compensation
Surviving Same-Sex Partner May Receive Workers’ Comp Death Benefits, Alaska Supreme Court Rules
The Alaska Supreme Court, reversing a decision by the Alaska Workers’ Compensation Appeals Commission, has ruled that a surviving same-sex partner may receive workers’ compensation death benefits notwithstanding the Marriage Amendment to the Alaska constitution, which defines marriage as “only between one man and one woman.” The court decided that the Marriage Amendment’s restriction on the workers’ compensation law’s definition of “widow” violated the surviving same-sex partner’s right to equal protection under the law. Read More |
View All Case Law Developments |
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Federal Actions
MetLife on Verge of Being Designated a SIFI
The Financial Stability Oversight Council (“FSOC”) appears likely to designate MetLife, Inc., as a non-bank systemically important financial institution under Dodd-Frank, rejecting the life insurer’s arguments that it should not be so designated. Read More
Automobile Insurance
Lyft and New York Regulators Reach Agreement that Permits Lyft to Operate in New York
The ridesharing service Lyft, Inc., which had been temporarily enjoined from operating in New York City, has reached an agreement with New York regulators permitting it to operate there – albeit using only commercial drivers operating under the same constraints and rules as others licensed by the New York City Taxi and Limousine Commission – and the rest of New York. Read More
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View All Legislative/Regulatory Developments |
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| Former Health Insurance Regulator Teresa D. Miller Joins Crowell & Moring as a Partner Read More |
Insurance Litigator Raymond T. DeMeo Joins Robinson & Cole Read More |
Louis Castoria Joins Kaufman Dolowich & Voluck as Partner in San Francisco Read More |
American Lung Association Report Urges Insurance Plans to Provide Tools to Help Smokers Quit Read More |
Natural Disaster Insurance Payout Reached $22 Billion by Mid-Year, According to Impact Forecasting Catastrophe Report Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire August 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 customerservice@SummitProNets.com.
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| FC&S Legal: The Insurance Coverage Law Information Center |
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