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TODAY'S TOP DEVELOPMENTS Friday, July 19, 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 Homeowner's Insurance Allegedly Defamatory Statements Arose Out of Editor's Print and Online "Business Pursuits" and Were Excluded from Coverage, Maine's Highest Court Decides Allegations in a lawsuit that a print and online publication contained defamatory statements arose out of the editor's "business pursuits" and therefore were excluded from coverage by the editor's homeowner's insurance policy, the Supreme Judicial Court of Maine has ruled.  Read More Automobile Insurance Recovery of Underinsured Motorist Benefits Depends on Decedent's Status as an Insured, North Dakota's Top Court Rules The North Dakota Supreme Court has held that recovery of underinsured motorist benefits arising from a wrongful death claim depends on the decedent's status as an "insured" under an applicable insurance policy. The ruling came in response to a question certified to the court by the U.S. District Court for the District of North Dakota.  Read More Automobile Insurance No Coverage for Insured under "Owned but Not Insured" Vehicle Exclusion, Appeals Court Holds An appellate court in New York has reversed a trial court's decision and has ruled that an insured who alleged that she had been injured in a car she owned but that was not named in the policy was not entitled to supplementary uninsured/underinsured motorist benefits. Read More Directors & Officers D&O Insurer Must Pay Full Attorney's Fees Award to Lawyers Who Successfully Challenged Proposed Merger, Circuit Rules The U.S. Court of Appeals for the First Circuit has affirmed a district court's decision ordering a directors and officers insurance carrier to pay the full amount of an attorney's fee award against its insured including both the lodestar amount and the multiplier amount. The circuit court found that attorney's fees were not subject to the policy's exclusion for the "multiplied portion of multiplied damages."  Read More View All Case Law Developments    LEGISLATIVE/REGULATORY Dodd-Frank MetLife Continues to Argue that It Should Not Be Designated a Systemically Important Financial Institution MetLife, Inc., which has been notified by the Financial Stability Oversight Council that it has reached "Stage 3" in the process to determine whether MetLife will be named a non-bank systemically important financial institution under Dodd-Frank, continues to argue that it should not be designated a SIFI. Read More Superstorm Sandy New York Attorney General Questions How Charities Are Spending Over $500 Million in Superstorm Sandy-Related Donations A report released by New York Attorney General Eric T. Schneiderman has found that charitable organizations have not yet spent at least $238 million of the more than $575 million that was raised for Superstorm Sandy relief. Read More View All Legislative/Regulatory Developments      INDUSTRY NEWS Allstate to Sell Lincoln Benefit Life Company  Read More W. R. Berkley Corporation Names Timothy F. Galvin President of Midwest Employers Casualty Company  Read More XL Group Unveils Professional and Pollution Insurance Enhancement Package for Contractors and Environmental Consultants  Read More Brian Shea Named Chief Corporate Strategy Officer at SCOR  Read More ING U.S. Offers New Hospital Indemnity Coverage  Read More View All Industry News Q&A Unauthorized Alterations and Coverage under a BOP Browse our entire library of over 2,500 insurance resources and forms.    INSURANCE COVERAGE  LAW REPORT View Entire July Insurance Coverage Law Report   View Insurance Coverage Law Report Archives Steven A. Meyerowitz, ESQ. Director, FC&S Legal Victoria Prussen Spears, ESQ. Associate Director, FC&S Legal 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. 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