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TODAY'S TOP DEVELOPMENTS |
Friday, July 12, 2013 |
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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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Workers Compensation
Kansas Supreme Court Rules that Insurer’s Notice of Claim to City in Amount Different from Amount It Later Sought in Litigation Substantially Complied with State Law
The Kansas Supreme Court has ruled that an insurance company’s notice of a claim to a city for one amount substantially complied with the requirements of state law even where the amount the insurer subsequently sought in the litigation that ensued was different from the amount in the notice. Read More
Homeowners Insurance
No Coverage Where Court Finds that Homeowners Had Not Used “Reasonable Care” to Maintain Heat in Home and Pipes Had Frozen
A federal district court in Minnesota has granted an insurer’s motion for summary judgment in a case in which the insurer denied a claim for damage to a home resulting from frozen pipes, but the court found that the homeowners had not used reasonable care to maintain the heat in the house. Read More
Automobile Insurance
New York Appellate Court Upholds Insurers’ Defense Verdict in Carothers Case
An appellate court in New York has upheld the trial verdict and judgment in favor of 53 New York automobile insurers and self-insurer defendants in Andrew Carothers, M.D., P.C. v. Progressive Insurance Co., relieving the defendants of approximately $20 million in pending claims. Read More
Health Care
Medicaid Act Bars California’s Elimination of Coverage for Certain Health Care Services Provided by Publicly-Funded Health Clinics, 9th Circuit Holds
The U.S. Court of Appeals for the Ninth Circuit has ruled that the Medicaid Act prohibits California from eliminating coverage for adult dental, podiatry, optometry, and chiropractic health care services provided by publicly-funded health clinics and therefore California legislation to that effect was invalid. Read More
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View All Case Law Developments |
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Catastrophe Insurance
RIMS Letter to U.S. Treasury Provides Recommendations for the Future of the Natural Catastrophe Insurance Market
An official comment letter submitted by RIMS to and at the request of the U.S. Department of the Treasury provided the Society’s perspective on the current state of the market for natural catastrophe insurance in the United States. Read More
Dodd-Frank
AIG Designated a “Systemically Important Financial Institution” under Dodd-Frank
The Financial Stability Oversight Council has voted to designate American International Group, Inc., a “systemically important financial institution.” Together with the Council’s designation of the General Electric Capital Corporation, Inc., this was the Council’s first use of its authority under Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act to subject a nonbank financial company to consolidated supervision and enhanced prudential standards. Read More |
View All Legislative/Regulatory Developments |
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Advantage Insurance Announces Executive Appointments Read More |
Registration Opens for Two FASB Webcasts on Insurance Contracts Read More |
Public Entities: How Insurance and FEMA Work Together Read More |
Bringing RICO Suits in the No-Fault Arena Read More |
Vehicle Thefts Increase in the Summer Months Read More |
View All Industry News
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INSURANCE COVERAGE
LAW REPORT |
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View Entire July Insurance Coverage Law Report |
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View Insurance Coverage Law Report Archives |
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Steven A. Meyerowitz, ESQ.
Director, FC&S Legal |
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Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal |
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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 |
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 |
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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 on how to subscribe to FCS& Legal, please contact customer service at 1-800-543-0874 or customerservice@sbmedia.com.
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FC&S Legal: The Insurance Coverage Law Information Center |
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