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TODAY'S TOP DEVELOPMENTS Friday, September 5, 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 Commercial Property Insurers Waived Right to Remove Coverage Disputes to Federal Court, Third Circuit Rules The U.S. Court of Appeals for the Third Circuit, affirming a decision by a Delaware federal district court, has ruled that the terms of an insurance policy provided that the Delaware state courts were the "exclusive forum" for coverage disputes, and that insurers had waived their right to remove coverage actions from Delaware state court to federal court. Read More Professional Liability Insurance Med Mal Policy Did Not Cover Exonerated Death Row Inmate's Claim Against Physician Who Had Testified at His Trial, Mississippi Supreme Court Decides The Mississippi Supreme Court, affirming a lower court's decision, has ruled that the "clear and unambiguous language" of a medical malpractice insurance policy did not provide coverage for a claim brought against the insured physician by an exonerated death row inmate against whom the physician had testified in his criminal trial. Read More Homeowners Insurance Texas Supreme Court: Vacancy Clause in Homeowner's Policy Is Enforceable The Texas Supreme Court, affirming an intermediate appellate court's decision, has ruled that a vacancy clause in a homeowner's insurance policy was enforceable by the insurer. Read More Commercial Property Fourth Circuit Upholds $2.3 Million Jury Verdict Against Insurer, Finding that It Waived Violation of Policy's Fire Protective Safeguards Endorsement The U.S. Court of Appeals for the Fourth Circuit, affirming a district court's decision after a jury trial, has ruled that, based on North Carolina law, a fire protective safeguards endorsement set forth in a commercial property insurance policy was subject to waiver and estoppel, that the insurer's failure to act for twenty-seven days after learning of the violation of the endorsement was sufficient for it to have waived that provision, and that there existed "sufficient evidence for a reasonable jury to have found" against the insurer and award $2,369,000. Read More View All Case Law Developments    LEGISLATIVE/REGULATORY Insurance Fraud The Bugatti-in-the-Gulf Case: Luxury Car Owner Pleads Guilty to Fraud Andy Lee House, a thirty-nine year-old Lufkin, Texas, man, has pleaded guilty to wire mail fraud in the U.S. District Court for the Eastern District of Texas in connection with the loss of his 2006 Bugatti Veyron, which he had insured for $2.2 million. Read More Insurance Fraud Former Mutual Benefits Head Sentenced to 20 Years in Prison for His Role in $1 Billion Insurance Fraud Joel Steinger, a/k/a "Joel Steiner," has been sentenced to twenty years in prison, three years of supervised release, and ordered to forfeit $15 million by U.S. District Judge Robert N. Scola, Jr. A restitution hearing is scheduled for November 24, 2014. Read More View All Legislative/Regulatory Developments      INDUSTRY NEWS Peter D. Hancock Assumes Role as AIG President and CEO Read More Barger & Wolen and Hinshaw & Culberston to Merge Read More Chubb Introduces New Crime Insurance Coverage to Help Protect Firms from Impostors Read More CIG Names Arne Chatterton as New President and CEO Read More New LexisNexis Study: "More Data, Earlier: The Value of Incorporating Data and Analytics in Claims Handling" Read More View All Industry News   Q & A Comp or Collision Revisited 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. 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