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TODAY'S TOP DEVELOPMENTS |
Tuesday October 28, 2014 |
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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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Automobile Insurance
Florida Supreme: Family Vehicle Exclusion Is Enforceable; UM Waiver by Named Insured Applies to All Insureds
The Florida Supreme Court has ruled that a family vehicle exclusion in an automobile insurance policy that excluded a family vehicle from the definition of an uninsured motor vehicle did not conflict with Florida Statutes Section 627.727(3). It also ruled that uninsured motorist benefits were not stackable under Section 627.727(9) where the named insured or purchaser of the policy made a non-stacking election, as the waiver applied on behalf of all insureds under the policy. Read More
Commercial General Liability
Mississippi Supreme: No Coverage for Farmer Who Intentionally and Illegally Planted Monsanto's Patented Seeds
The Mississippi Supreme Court has ruled that a commercial general liability insurance policy did not cover claims against a farmer that he had "knowingly, intentionally and willfully" planted Monsanto Company's patented seeds without authorization from Monsanto in violation of Monsanto's patent rights Read More
Life Insurance
Minnesota Supreme: Rescission of Life Insurance Policy for Insured's "False and Misleading" Statements Requires Proof of Insured's Subjective Intent to Deceive
The Minnesota Supreme Court has ruled that Minn. Stat. § 61A.11 requires subjective intent to deceive on the part of the insured in order for an insurance company to be able to rescind a life insurance policy issued without a prior medical examination. Read More
Bad Faith
Oklahoma Supreme: County Commissioners Self-Insurance Group Is Immune to Bad Faith Claim
The Oklahoma Supreme Court has ruled that the Association of County Commissioners of Oklahoma Self-Insurance Group was immune from a tort claim for the breach of the duty of good faith and fair dealing. Read More |
View All Case Law Developments |
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Flood
Superstorm Sandy: FEMA Reminds that Filing Deadline for NFIP is October 29
The Federal Emergency Management Agency has issued a notice reminding policyholders affected by Superstorm Sandy that the time limit to file proof of loss claims is October 29, 2014. Read More
Flood
Federal Agencies Request Comment on Proposed Flood Insurance Rule
Five federal regulatory agencies have announced the approval of a joint notice of proposed rulemaking to amend regulations pertaining to loans secured by property located in special flood hazard areas. Read More
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View All Legislative/Regulatory Developments |
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American Council of Life Insurers Elects Its 2015 Chairman and Board of Directors; MassMutual's Roger W. Crandall Elected as ACLI Chair Read More |
Ceres Report Ranks U.S. Insurance Companies on Climate Change Responses; The Hartford, Prudential, Munich Re, and Allianz Are Among Top Scorers Read More |
Catherine Besselman Named Global Head of Agriculture at Ironshore International Read More |
Ebola Insurance Coverage Offered through Lloyd's of London Read More |
Medical Malpractice Reform: Noneconomic Damage Caps Reduced Payments 15 Percent, Health Affairs Study Finds Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire October/November Insurance Coverage Law Report |
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View Insurance Coverage Law Report Archives |
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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 |
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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 |
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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@SummitProNets.com.
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FC&S Legal: The Insurance Coverage Law Information Center |
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