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| TODAY'S TOP DEVELOPMENTS |
Tuesday, January 3, 2017 |
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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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Life Insurance
Wells Fargo Fraud Extended to Prudential Life Insurance Policies, Whistleblowers Allege
Three former supervisors at The Prudential Insurance Company of America have filed a lawsuit alleging that a life insurance program called "MyTerm," created by Prudential with Wells Fargo Bank, had a large number of similarities to how Wells Fargo had opened fraudulent bank accounts. Read More
Workers Compensation
Injured at Employer's Holiday Party? No Workers Comp Benefits (in North Carolina)
A North Carolina court has affirmed a state agency's decision denying an employee's workers compensation claim for injuries sustained at her employer's annual holiday party, concluding that the injury had not arisen out of or in the course of her employment. Read More
Workers Compensation
Injured on Employer's Fishing Trip? Maybe Workers Comp Benefits (in Louisiana)
A Louisiana court has reversed a decision by the office of workers compensation's judge that granted summary judgment against a claimant seeking benefits for injuries sustained while attending a company sponsored fishing trip, finding questions of fact that should not have been determined on a motion for summary judgment. Read More
Attorney's Fees
Oregon Supreme Court Awards Attorneys' Fees to Insured for Appeal of His Action on a "Policy of Insurance"
The Oregon Supreme Court has allowed an insured's petition for attorneys' fees in connection with an appeal in his lawsuit against his insurance company, rejecting the insurer's contention that the insured's lawsuit had not been on a "policy of insurance." Read More
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View All Case Law Developments |
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Life Insurance
N.Y. Insurance Regulator Says "Troubling" Annuity Replacement Practices Violated Disclosure and Suitability Rules
The New York State Department of Financial Services is conducting an industry-wide review of annuity replacement practices in New York—and has warned that it will take "appropriate action" with respect to life insurers, producers, and distributors found to have engaged in "improper replacements." Read More
In the States
Michael Consedine to Serve as CEO of National Association of Insurance Commissioners
Former Pennsylvania Insurance Commissioner Michael F. Consedine has been named chief executive officer of the National Association of Insurance Commissioners, effective in early 2017. Read More |
View All Legislative/Regulatory Developments |
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| FC&S Legal Publishes "6 Factors That Affected Insurers in 2016" Read More |
Cigna Encourages Medical Practices to Sign Opioid Pledge Read More |
XL Catlin Appoints Vincent Branch as Chief Executive of Accelerate Read More |
Aviva Appoints Jan Gooding as Global Inclusion Director Read More |
Lack of Transparency in Auto Insurance Market Cost Consumers $101 Billion in the Last Five Years, ValChoice Asserts Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Winter Insurance Coverage Law Report |
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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, Cope Ehlers, 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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