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| TODAY'S TOP DEVELOPMENTS |
Thursday, October 27, 2016 |
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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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Homeowners Insurance
Florida Supreme: 2011 Statute Limited Insureds’ Recovery for 2009 Sinkhole Loss
The Florida Supreme Court has ruled that the statutory definition of “covered claim” effective on the date of an insurer’s adjudicated insolvency determined the scope of the statutory liability of the Florida Insurance Guaranty Association to insureds for sinkhole loss. Read More
Exclusions
Claim for Earth “Weakening” Involved Earth “Movement” and Was Excluded from Policies’ Coverage, Ninth Circuit Rules
The U.S. Court of Appeals for the Ninth Circuit, affirming a decision by the U.S. District Court for the Central District of California, has rejected contentions that insurance policies covered claims for earth “weakening” where it also involved earth “movement.” Read More
Verdicts & Settlements
Widow Sought $150 Million in Punitive Damages Against Harley-Davidson and Motorcycle Dealer. Jury Awarded Nothing.
A widow seeking $150 million in a product liability case following her husband’s death in a motorcycle accident was awarded nothing by an Alabama jury. Read More
Duty to Defend
Issues Arising After Breach of the Duty to Defend
This two-part article examines three questions that arise in relation to breach of the duty to defend. This first part begins with an overview of the key issues, and then discusses various circumstances under which the duty to defend may cease such that an insurer may withdraw representation during an ongoing case. Read More |
View All Case Law Developments |
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Automobile Insurance
Liberty Mutual Reaches $925,000 Settlement in California Over “Accident Forgiveness” Ads
The district attorneys of Riverside, San Diego, and Los Angeles, California, have reached a $925,000 settlement in a consumer protection lawsuit brought against the Liberty Mutual Group, Inc., and Liberty Mutual Fire Insurance Company, which offers Liberty Mutual auto insurance in California and nationwide. Read More
Life Insurance
N.Y. Department of Financial Services Approves Life Insurance Plan Offering Incentives to Health-Conscious Consumers
The New York State Department of Financial Services (“DFS”) has approved an application by John Hancock Life Insurance Company of New York to offer New Yorkers the John Hancock Vitality Program, a new life insurance plan that rewards people for healthy living. Read More |
View All Legislative/Regulatory Developments |
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| FC&S Legal Publishes “Theft and Severe Weather: a Storm for Marine Cargo Insurance” Read More |
PartnerRe Ltd. to Acquire Aurigen for $286 Million Read More |
Ironshore International Bolsters Mandarin Capability for Global M&A Read More |
Mark Appleton Appointed Head of Marine Liability at Hamilton Underwriting Read More |
ALTA Announces Six National Title Professional Designations Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Fall Insurance Coverage Law Report |
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| View Insurance Coverage Law Report Archives |
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Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com |
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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, Chadbourne & Parke 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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