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TODAY'S TOP DEVELOPMENTS Tuesday, August 26, 2014   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 South Carolina Supreme Court Finds that Family “Step-Down” Provision Violated Public Policy The South Carolina Supreme Court has ruled that a family “step-down” provision in an automobile insurance policy violated public policy and was unenforceable. Read More Commercial General Liability Washington Supreme Court Asked to Define “Collapse” The U.S. Court of Appeals for the Ninth Circuit has asked the Washington Supreme Court to explain what constitutes “collapse” when the term was otherwise undefined in an insurance policy. Read More Commercial General Liability Landlord, as Additional Insured on Tenant’s Policy, Found Entitled to Coverage for Claims Arising Outside the Leased Premises An appellate court in New Jersey, affirming a trial court’s decision, has ruled that a landlord named as an additional insured on its tenant’s insurance policy was entitled to coverage for a personal injury claim brought by a person who allegedly was injured on the stairs outside the store leased by the tenant. Read More Exclusions Exception to Exclusion for Named Insured Did Not Result in Coverage for Additional Insured, Fifth Circuit Decides The U.S. Court of Appeals for the Fifth Circuit, applying Louisiana law and affirming a district court’s decision, has ruled that an exception to a watercraft exclusion in a general marine liability insurance policy only applied to liability that the named insured had assumed under an insured contract and, therefore, did not result in coverage where an additional insured sought coverage under the policy. Read More View All Case Law Developments    LEGISLATIVE/REGULATORY In the States Kaj Samsom to Lead Insurance Division at Vermont’s Department of Financial Regulation Susan L. Donegan, commissioner of Vermont’s Department of Financial Regulation, has appointed Kaj Samsom as deputy commissioner of the Insurance Division. Read More Life Insurance Three Insurance Agents Sentenced in Manhattan Federal Court for Elaborate Multimillion-Dollar Life Insurance Scheme Michael Binday, the president and owner of a Scarsdale-based insurance agency, James Kevin Kergil, an insurance agent based in Peekskill, New York, and Mark Resnick, an insurance agent based in Orlando, Florida, have been sentenced to prison terms of 12 years, nine years, and six years, respectively, for their involvement in what federal prosecutors have characterized as a massive scheme to defraud life insurance companies in connection with the issuance of stranger-originated life insurance policies. Read More View All Legislative/Regulatory Developments      INDUSTRY NEWS Susan Swails Joins Houston International Insurance as President and Chief Underwriting Officer of its Global Energy Division Read More Riverport Insurance Announces Special Events Coverage Program Read More Allied World to Acquire the Hong Kong and Singapore Operations of Royal & Sun Alliance Insurance Read More Insurance Regulatory Attorney Nate “Wes” Strickland Joins Colodny, Fass Talenfeld, Karlinsky, Abate & Webb Read More U.S. Employers Expect Health Care Costs to Rise Four Percent in 2015, Towers Watson Survey Finds Read More View All Industry News   Q & A Broad Coverage under Auto Med Pay Endorsement Browse our entire library of over 2,500 insurance resources and forms.    INSURANCE COVERAGE  LAW REPORT View Entire September Insurance Coverage Law Report   View Insurance Coverage Law Report Archives   Steven A. Meyerowitz, ESQ. Director, FC&S Legal smeyerowitz@SummitProNets.com Victoria Prussen Spears, ESQ. Associate Director, FC&S Legal vspears@SummitProNets.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 Donald S. Malecki, Malecki, Deimling, Nielander & Associates, LLC 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 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. FC&S Legal: The Insurance Coverage Law Information Center    LinkedIn   To ensure future delivery of email, please add admin@list.nationalunderwriter.com to your address book, contacts or safe sender list. You have received this email at %%merge members_.emailaddr_%%. Click here to unsubscribe from %%merge list.descshort%%. ©2014 Summit Professional Networks, All rights reserved. Privacy Policy 4157 Olympic Blvd., Suite 225 Erlanger, KY 41018 1-800-543-0874