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TODAY'S TOP DEVELOPMENTS Wednesday, December 4, 2013

 
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

Trial Strategy
Using an Insurer's Consent Order against the Insurer in a Coverage Case
When an insurance company settles a dispute with a regulator, the settlement can have ramifications in insurance coverage cases. That's what People's Trust Insurance Company learned in a recent case in Florida – in which an appellate court upheld a judgment against People's Trust for $766,258.06 after deciding that testimony relating to a settlement the insurance carrier had reached with the Florida Department of Financial Services was relevant to the coverage dispute. Read More

Professional Liability Insurance

One Law Partner's Misrepresentation Doesn't Doom Malpractice Insurance Coverage for an Innocent Partner, Illinois Appeals Court Holds
An Illinois appellate court has ruled that the common law innocent insured doctrine barred a malpractice insurance carrier from rescinding a law firm's malpractice policy with respect to an innocent partner even where a misrepresentation by another partner allegedly had been made during the policy's formation. Read More

Attorney's Fees
Indiana Court Approves Victorious Insurer's Request for Attorney's Fees Based on Discounted Chicago Hourly Rates
A federal district court in Indiana has approved a victorious insurance company's request for attorney's fees based on discounted hourly rates the insurer had negotiated with its Chicago-based lawyers. Read More

Commercial General Liability
After Illinois Supreme Court Ruling, Appellate Court Holds that Commercial and Business Insurance Policies Cover Damages under the Telephone Consumer Protection Act
An appellate court in Illinois has ruled that commercial and business insurance policies covered "blast fax" damages under the Telephone Consumer Protection Act. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

In the States

Maryland Insurance Administration Orders Title Agency to Refund Consumers $2.3 Million
The Maryland Insurance Administration has ordered LSI Title Agency Inc., of Coraopolis, Pennsylvania, to repay 5,338 Maryland consumers a combined $2,276,736, plus interest, for recordation tax overpayments made between July 1, 2008 and December 31, 2012. LSI also must pay an administrative penalty of $533,900, under the terms of a consent order. Read More

Insurance Fraud

California Life Insurance Agent Charged with Felony Elder Abuse 
A former California life insurance agent, Myles Seishin Hanashiro, has been charged with four felony counts of financial elder abuse. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Mt. Logan Re Appoints David Whiting as Chief Underwriting Officer Read More

Aviva Changes Its International Private Medical Insurance 
Read More

M. Marianne Harris Appointed to Sun Life Financial's Board 
Read More

Ironshore Canada Introduces Professional Liability Coverage to Protect Private Equity Market Risks 
Read More

Commemorating the One-Year Anniversary of the Insurance Coverage Law Report, FC&S Legal Director Steven A. Meyerowitz Pens Editor's Note for "The Articles Issue" 
Read More

View All Industry News

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Discussion
Rental Cars, The PAP, & The Loss Damage Waiver December, 2013

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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 December-January Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
[email protected]
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
[email protected]
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
Cort T. Malone, Anderson Kill & Olick, P.C.
D. Milone, Kelley Drye & Warren LLP
Joseph P. Monteleone, Tressler 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

FC&S Daily Legal Report ($795 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 [email protected].

FC&S Legal: The Insurance Coverage Law Information Center
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