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TODAY'S TOP DEVELOPMENTS Thursday, August 13, 2015

 
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.

 CASE LAW

Automobile Insurance
Seventh Circuit: "This case provides a warning for insurance companies who refuse to defend their insureds"
After beginning its decision by stating, "This case provides a warning for insurance companies who refuse to defend their insureds," the U.S. Court of Appeals for the Seventh Circuit affirmed a decision by the U.S. District Court for the Northern District of Illinois that an insurance company that had not defended its insureds in an underlying action under a reservation of rights and that had not sought a declaratory judgment was estopped from raising policy-coverage defenses. Read More

Attorney's Fees

Mississippi Supreme Court Affirms Attorney's Fee Award Against Insurer that Frivolously Removed Minor's Chancery Court Action to Federal Court
The Mississippi Supreme Court, in a case of first impression, has ruled that a chancery court properly awarded attorney's fees under the Mississippi Litigation Accountability Act for an insurer's frivolous removal to federal court of a case filed by a minor to settle a lawsuit. Read More

Verdicts & Settlements
Injured Ironworker's Claim Over Construction Site Scaffolding Collapse Is Settled for $1.9 Million
An ironworker has agreed to settle his personal injury claim over allegedly defective scaffolding for $1.9 million. Read More

Insurance Fraud
Massachusetts Appeals Court Affirms Insurance Agent's Criminal Conviction for Insurance Fraud
An appellate court in Massachusetts has affirmed a jury's decision that an insurance agent had committed insurance fraud based on mis-statements in two applications she had submitted to an insurance company. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

In the States

NAIC Releases Second Volume of 2014 Insurance Department Resources Report
The National Association of Insurance Commissioners has released the second volume of the 28th edition of the "Insurance Department Resources Report." Read More

Workers Compensation
California Awards $34.9 Million in Grants to Assist Law Enforcement in Fighting Workers' Compensation Fraud
The California Insurance Department has awarded $34.9 million in grants to 37 district attorney offices representing 42 counties in California to combat workers' compensation insurance fraud. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Global Catastrophes Caused Economic Losses of $37 Billion in First Half of 2015, Swiss Re Estimates Read More

Sumitomo Life Insurance Company to Acquire Symetra Financial 
Read More

CDC Cites Continuing Drop in Number of People without Health Insurance Read More

GEICO Introduces Ridesharing Product to Pennsylvania 
Read More

Alan D. Schnitzer to Succeed Jay S. Fishman as Travelers CEO, Effective December 1 Read More

View All Industry News
 
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Q&A
Territory Definition and Overseas Exposures

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Browse our entire library of over 2,500 insurance resources and forms.
 
 INSURANCE COVERAGE
 LAW REPORT
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View Entire July/August Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
 
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@alm.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com
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.
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

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.

FC&S Legal: The Insurance Coverage Law Information Center
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