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| TODAY'S TOP DEVELOPMENTS |
Friday, September 8, 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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Insurance Fraud
Insurer Can Receive Restitution in Insured's Criminal Case Despite Its Release of Insured in Related Civil Case
The Supreme Court of Vermont has ruled that a release signed by an insurance company in favor of its insured in a civil case did not preclude a court from ordering the insured to pay restitution to the insurer in a related criminal proceeding. Read More
Life Insurance
Bankrupt Insureds Lose Right to Life Insurance Policy They Intended for the Care of Their Children
A bankruptcy court in Ohio has denied an exemption claimed by two debtors in a life insurance policy they intended to be used to care for their children, concluding that the beneficiaries were not among those permitted to be named under the state's exemption law. Read More
Superstorm Sandy
How One Expert Proved That a Superstorm Sandy-Damaged Home Was a "Basement" for Flood Insurance Purposes
A federal district court in New Jersey has ruled that a garden-level apartment actually was a basement — by .13 inches — for purposes of a standard flood insurance policy issued under the National Flood Insurance Program. Read More
Automobile Insurance
Plaintiffs Won $500,000+ and Sued Defendant's Insurer to Collect. Their Bad Faith Claims Just Got Tossed
A federal district court in Texas has granted an insurer's motion to dismiss bad faith claims brought by plaintiffs who had been awarded more than $500,000 in a personal injury action against its insured. Read More |
View All Case Law Developments |
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Hurricane Harvey
Hurricane Harvey —– HB 1774 and the Insurance Claim Process
The Texas Office of Public Insurance Counsel ("OPIC"), an independent agency created by the Texas legislature, has issued a statement regarding the insurance law changes resulting from HB 1774, which took effect on September 1. Read More
Hurricane Harvey
FEMA Advises Hurricane Harvey Applicants to Beware of Rumors, Misinformation, and Fraud
The Federal Emergency Management Agency is advising Hurricane Harvey disaster survivors, and their friends and family, to be alert for false rumors, scams, identity theft, and fraud. Read More |
View All Legislative/Regulatory Developments |
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| Insurers Association Offers Recovery Advice to Texans Impacted by Hurricane Harvey Read More |
Warren Buffett Discusses Hurricane Harvey's Impact Read More |
CoreLogic Estimates Total Residential Insured and Uninsured Flood Loss from Hurricane Harvey at $25 Billion to $37 Billion Read More |
On Heels of Hurricane Harvey, Insurers Association Calls on Congress to Extend National Flood Insurance Program Read More |
Four of Five Risk Professionals Purchased Standalone Cyber Insurance, RIMS Survey Finds 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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| 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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