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| TODAY'S TOP DEVELOPMENTS |
Wednesday, August 2, 2017 |
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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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Claims Resolution
Nevada Supreme Court Upholds Foreclosure Sale of Federally Insured Property
The Nevada Supreme Court has ruled that federal law did not preempt a Nevada law providing for a superpriority lien by a homeowners' association on up to nine months of unpaid association dues even where the first deed of trust on the property was insured through the Federal Housing Administration. Read More
Automobile Insurance
Postal Form May Doom Insurer's Argument That It Canceled Policies Before Accident
The Nebraska Supreme Court has reversed a trial court's ruling that an insurer had properly canceled three motor vehicle insurance policies before the insured's accident, finding that a postal form did not indicate that the cancelation notices had been sent via certified mail as required by Nebraska law. Read More
Commercial Auto
No Coverage for Accident Where Admissible Evidence Indicated Driver Did Not Have Permission to Leave Parking Lot
A federal district court in Connecticut has ruled that an insurance company did not have to defend a lawsuit stemming from an auto accident involving a rental vehicle where the admissible evidence indicated that the driver of the rental vehicle did not have the renter's permission to drive the car while the renter was in a restaurant. Read More
Excess
Is the Amount of a Self-Insured Retention the Most a Policyholder Ever Might Have to Pay? Well, There's This Thing Called Post-Judgment Interest
A federal district court in Michigan has issued a decision explaining whether a policyholder with a $2 million self-insured retention had to pay post-judgment interest on that amount, or whether that fell to its commercial excess liability insurer. Read More |
View All Case Law Developments |
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Superstorm Sandy
Post-Sandy Report Recommends Improving Government's Approach to Disaster Recovery and Preparedness
Holly Leicht, a former regional administrator for New York and New Jersey for the U.S Department of Housing and Urban Development, has released a report recommending how all levels of government can increase the speed and efficiency of disaster recovery and be better equipped before future disasters. Read More
International
FSB Welcomes New Insurance Accounting Standard
The Financial Stability Board has announced that it welcomed the final publication of International Financial Reporting Standards 17, issued May 18 by the International Accounting Standards Board. Read More |
View All Legislative/Regulatory Developments |
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| FC&S Legal Publishes "Despite Frequency and Awareness, Cyberinsurance Market Lags" Read More |
GEICO Names John Quagliato Vice President of Claims Legal Read More |
Travelers Launches Usage-Based Auto Insurance App Read More |
Allianz Worldwide Care Launches International Health Insurance Plans for Intergovernmental Organizations Read More |
Starr Companies Partners with CoverWallet to Develop New Online Insurance Products for Small Businesses Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Summer 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, Cope Ehlers, P.C.
Anjali C. Das, Wilson Elser
John F. Finnegan, Norton Rose Fulbright US 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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