|
|
TODAY'S TOP DEVELOPMENTS |
Monday, December 30, 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.
|
|
Subrogation
Mandatory Binding Arbitration of Insurance Subrogation Claims Found Unconstitutional in Illinois
An appellate court in Illinois has ruled that the mandatory binding arbitration of insurance subrogation claims enacted under Section 143.24d of the Illinois Insurance Code was unconstitutional because it violated the right to trial by jury. Read More
Life Insurance
Life Insurer that Relied on Order Naming Financial Guardian Cannot be Held Liable Where Guardian Allegedly Misappropriated Policy's Proceeds
The Tennessee Supreme Court has ruled that a life insurance company acted in good faith when it relied on a facially valid court order establishing a financial guardianship for the minor beneficiary of the life insurance policy and paid the policy proceeds to the guardian. Therefore, the court determined, the insurer could not be held liable for breach of contract after the proceeds allegedly were misappropriated by the guardian. Read More
Personal Umbrella
"Legally Entitled to Recover" Requires Examination of Alabama Law, Where the Accident Occurred, and Not Indiana Law, Where the Insureds Lived, Court Rules
A federal district court in Indiana has determined that insureds under an umbrella policy were "legally entitled to recover" damages under Alabama law, where their son was killed in an automobile accident, notwithstanding that they lived in Indiana and that the policy had been issued in Indiana by an Indiana-based agency. Read More
Automobile Insurance
Illinois Supreme Court Affirms Ruling that Auto Policy Violated Public Policy Where It Excluded from Coverage the Sole Named Insured and Owner of the Insured Vehicle
The Illinois Supreme Court, affirming an appellate court decision, has ruled that an automobile liability insurance policy that excluded from coverage the only named insured and owner of the insured vehicle violated public policy. Read More |
View All Case Law Developments |
|
|
Automobile Insurance
New York Approves Insurer's Program Designed to Help Prevent Teens from Texting While Driving
New York has approved a new program from the insurer Esurance that allows policyholders to install a device free of charge in their cars that is intended to help prevent teenagers from texting and calling while driving. Read More
Insurance Fraud
Florida Attorney Charged with Stealing Insurance Settlement Proceeds
An attorney in Orlando, Florida, has been charged by Chief Financial Officer Jeff Atwater of the Florida Department of Financial Services with stealing insurance settlement proceeds totaling nearly $80,000 from three personal injury clients. Read More
|
View All Legislative/Regulatory Developments |
|
|
|
|
Reed Smith Chosen as Insurance Law Firm of the Year by U.S. News and Best Lawyers Read More |
Katherine O'Brien Becomes Chief Human Resources Officer at New York Life Read More |
W. R. Berkley Corporation Appoints John M. Littzi Vice President and Senior Counsel Read More |
American Bankers Mutual Insurance Distributes $1.1 Million to ABA Member Banks Read More |
Allen Uyeda, President of Hawaii’s Largest and Oldest Insurer, to Retire; Jeff Shonka Named as His Successor Read More |
View All Industry News
|
|
|
INSURANCE COVERAGE
LAW REPORT |
|
|
View Entire December/January Insurance Coverage Law Report |
|
View Insurance Coverage Law Report Archives |
|
|
|
|
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 ($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 [email protected].
|
|
FC&S Legal: The Insurance Coverage Law Information Center |
|
|
|
|
To ensure future delivery of email, please add [email protected]
to your address book, contacts or safe sender list.
You have received this email at %%merge members_.emailaddr_%%.
Click here to unsubscribe from %%merge list.descshort%%.
©2013 Summit Professional Networks, All rights reserved. Privacy Policy |
|
5081 Olympic Blvd
Erlanger, KY 41018
1-800-543-0874 |
|
|
|