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TODAY'S TOP DEVELOPMENTS Wednesday, January 21, 2015

 
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

Automobile Insurance
For No-Fault Coverage, “Related by Marriage” Includes Stepparent Relationship Even After Death of Biological Parent, Michigan Appeals Court Rules
In a case in which an insurance policy afforded first-party no-fault coverage to “relatives” residing with the insured, an appellate court in Michigan has ruled that a stepchild was “related by marriage” to her stepfather even after the child’s mother had died. Read More

Homeowners Insurance

Appeals Court Limits Florida Insurance Guaranty Association’s Liability for Sinkhole Loss, But Certifies Issues to Florida Supreme
A Florida appeals court, reversing a trial court’s decision, has limited the liability of the Florida Insurance Guaranty Association for sinkhole claims under homeowners’ insurance policies issued by insurers that become insolvent – and has asked the Florida Supreme Court to opine on its conclusions of law. Read More

Professional Liability Insurance
Attorney’s Allegedly Negligent Disbursement of Trust Account Funds Was Excluded from Coverage, Florida Appeals Court Rules
A Florida appellate court, reversing a trial court’s decision, has ruled that an allegedly negligent disbursement of funds by an attorney from her trust account was excluded from coverage under her professional liability policy, which excluded claims arising out of the failure to “safeguard funds held or to be held for others.” Read More

Homeowners Insurance
California Politician’s Allegedly Defamatory Campaign Statements Were Not Covered by Her Homeowner’s Policy, Court Rules
A federal district court in California has ruled that a politician’s homeowner’s insurance policy did not cover claims arising out of allegedly defamatory statements made by the politician during a reelection campaign. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

Life Insurance

Allianz Reaches $4.7 Million Multi-State Settlement in Death Master File Investigation
Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York have agreed to change business practices related to the payment of life insurance benefits and the use of the Social Security Administration’s Death Master File. Read More

Automobile Insurance

Insurance Regulator Approves Removal of up to 93,500 More Policies from Florida’s Citizens Property
The Florida Office of Insurance Regulation has approved the removal of up to 93,000 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corporation by four companies. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Global Indemnity Purchases American Reliable Insurance Company for $394 Million Read More

Christopher Swift Elected Chairman of The Hartford’s Board of Directors 
Read More

Annette Guarisco Fildes Appointed CEO of The ERISA Industry Committee 
Read More

Berkshire Hathaway Specialty Adds Pollution Coverage, Names Chuck Hasselback Head of Environmental Business 
Read More

Richard Cagney Joins Keefe, Bruyette & Woods Read More

View All Industry News
 
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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 Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
 
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@SummitProNets.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@SummitProNets.com
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, Rivkin Radler 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 customerservice@SummitProNets.com.

FC&S Legal: The Insurance Coverage Law Information Center
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