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TODAY'S TOP DEVELOPMENTS Wednesday, October 19, 2016  

 
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

Superstorm Sandy
SFIP Covered Flood-Related Erosion Involving Soil Settlement or Other Earth Movement, N.J. District Court Rules in Superstorm Sandy Case
A federal district court in New Jersey, in a Superstorm Sandy case, has ruled that a standard flood insurance policy covered flood-related erosion involving soil settlement or other earth movement. Read More

Superstorm Sandy
SFIP Preempted Insureds' RICO Claim, and Their State Law Claims, N.Y. District Court Finds in Superstorm Sandy Case
A federal district court in New York has ruled that a standard flood insurance policy issued under the National Flood Insurance Program preempted claims by insureds under the federal Racketeer Influenced and Corrupt Organizations Act and under state law. Read More

Commercial General Liability
Inadequate Disclaimer Leads N.Y. Appeals Court to Uphold $1 Million Judgment Against Insurer
An appellate court in New York, affirming a trial court's decision, has upheld a $1 million judgment against an insurance company, finding that its disclaimer had been inadequate. Read More

Homeowners Insurance
You Can Call It Negligence, But Intentional Shooting That Led to Third-Degree Murder Conviction Was Not Covered by Insured's Policy
A federal district court in Pennsylvania has ruled that an insurance company was not obligated to defend or indemnify its insured in a "negligence" lawsuit alleging that he had shot and killed a man, where he had been convicted of third-degree murder and had intentionally drawn and shot his gun. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

International

United Nations, World Bank Group, and Insurance Industry Partnership Endorses G7 InsuResilience Target and Approves Framework for More Resilient Societies
The Insurance Development Forum, a new public-private partnership between leaders of the United Nations, the World Bank Group, and the insurance industry, has won support for an insurance-based risk management strategy to promote economic recovery and resilience to climate events and natural disasters in vulnerable regions.  Read More

In the States
Texas Department of Insurance Fines Zenefits $550,000  
The Texas Department of Insurance said that it has fined YourPeople, Inc., more commonly known as Zenefits, $550,000 for using unlicensed staff to sell and administer insurance plans from 2014 through late 2015. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Cybersecurity Both a Threat and Growth Opportunity for Law Firms, ALM Report Finds Read More

ALM's Webcast, "The Duty to Defend: Advanced, Challenging and Unique Issues," to Be Held on November 16, 2016 
Read More

Todd Martin Joins Stinson Leonard Street's Health Law and Insurance Practice Group 
Read More

Dentons Adds John Sarchio as Partner in Insurance Regulatory Practice  
Read More

Penn Mutual and Vantis Life Insurance Companies to Combine  
Read More

View All Industry News
 
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Discussion
Climate Change and D&O Insurance

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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 Fall 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, Cope Ehlers, 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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