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TODAY'S TOP DEVELOPMENTS |
Wednesday, November 18, 2015 |
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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
Appeals Court Finds "Some Question" As to Whether Proof of Loss Could Ever Be "Satisfactory" for Purposes of One-Year Contractual Limitations Period
An appellate court in Tennessee, reversing a trial court's decision, has found "some question" as to whether an insured's proof of loss could ever be "satisfactory" for purposes of a one-year contractual limitations period in a homeowners insurance policy, based on the policy language. Read More
Fire Insurance
Property Damaged by Fire Was Not a "Total Loss" Just Because Insured Could Not Obtain Permits for a New Septic System, Pennsylvania District Court Rules
A federal district court in Pennsylvania has ruled that a six-unit rental property damaged by fire was not a "total loss" just because the owner had problems obtaining permits for a new septic system, as that was not a covered peril. Read More
Commercial General Liability
"Pollution and Health Hazard" Exclusion Did Not Preclude Coverage for Mold, Appeals Court Decides
An appellate court in Illinois, applying Texas law, has ruled that a pollution and health hazard exclusion in a commercial general liability ("CGL") insurance policy did not bar coverage for a claim alleging injuries due to "mold." Read More
Eye on the Experts
Better Late Than Never: The California Supreme Court Reverses Itself, Holding That Corporate Policyholders May Assign Insurance Rights Without Insurer Consent
This Eye on the Experts article explains a recent California Supreme Court decision effectively realigning historical liabilities and insurance assets transferred to a successor corporation as part of a sale of assets. Read More |
View All Case Law Developments |
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Cyberliability
N.Y. Regulator Explains Potential New Cyber Security Regulation Requirements
The New York Department of Financial Services has advised other regulators via a letter about its "potential new regulations" aimed at increasing cyber security defenses within the financial sector. Read More
In the States
Illinois Insurance Department Acknowledges "Inadvertent Data Disclosure"
The Illinois Department of Insurance has acknowledged that it had committed an "inadvertent data disclosure" involving health care providers' Social Security Numbers. Read More |
View All Legislative/Regulatory Developments |
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William McElroy Named Global Head of Environmental at Aspen Insurance Read More |
FC&S Legal Publishes "Insurers to Indemnify $132 Million Loss from Train Collision Allegedly Caused by Texting Engineer" Read More |
Critical Illness Insurance Market Saw Record High New Premium in 2014, According to Gen Re Read More |
2015 Records Lowest U.S. Health Care Cost Increases in Nearly 20 years, Aon Analysis Shows Read More |
State Auto Financial Appoints Melissa A. Centers General Counsel Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire November/December 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, 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
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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