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| TODAY'S TOP DEVELOPMENTS |
Monday, January 27, 2014 |
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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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Professional Liability Insurance
Connecticut Supreme: Lawsuits after Nursing Home Fire Did Not Arise from 'Related Medical Incidents' Despite Common Precipitating Factor
The Connecticut Supreme Court has ruled that multiple lawsuits filed after a nursing home fire did not arise from "related medical incidents" despite a common precipitating factor. Read More
Umbrella
Endorsement in Umbrella Policy Does Not Provide Excess Uninsured Motorist Coverage, Illinois Appeals Court Decides
An Illinois appeals court has ruled that excess uninsured motorist coverage was not contemplated by an umbrella policy. A Virginia court previously reached the opposite result, although the Wisconsin Supreme Court later reached the same conclusion as the Illinois appeals court. Read More
Automobile Insurance
Pennsylvania Supreme: UIM Payment May Be Offset by All Damages Paid to Satisfy Judgment, Not Just Amount Paid by Underinsured Tortfeasor
The Pennsylvania Supreme Court has ruled that, under an insurance policy for underinsured motorist coverage, the amount of an insured's recovery may be offset by the amount of all damages paid in satisfaction of the underlying judgment, not only by the amount of compensation paid under the auto insurance policy of the underinsured driver/tortfeasor. Read More
Businessowners
The Case of the Missing Pink Diamond: Circuit Finds No Advertising Injury Coverage for Counterclaim Alleging Fraud against Shipper
The U.S. Court of Appeals for the Sixth Circuit, affirming a district court decision, has found that a businessowners special insurance policy did not provide coverage for the defense of a fraud counterclaim asserted against the shipper of a missing 5.56-carat pink diamond. Read More |
View All Case Law Developments |
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Reinsurance
Two Global Swiss Reinsurers Are the First to be Certified under New Missouri Reinsurance Law
Two Swiss-based reinsurers, Swiss Reinsurance Co. Ltd. and Swiss Re Corporate Solutions Ltd., have been approved as certified reinsurers in Missouri. The Swiss reinsurers are Missouri's first certified reinsurers approved under House Bill 133, which took effect January 1. Read More
International
Bermuda's New Insurer Registrations Increased Across All Sectors in 2013
Bermuda registered 91 new insurance companies in 2013, according to annual insurer registration statistics released by the Bermuda Monetary Authority. This represented a 72 percent increase on the 53 firms registered in 2012. Read More
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View All Legislative/Regulatory Developments |
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| Troy McQuagge Promoted to President of USHEALTH Group Read More |
Zurich Appoints Saad Mered Chief Claims Officer for its General Insurance Business Read More |
Berkshire Hathaway Specialty Insurance Launches Builder's Risk, Names Robert Tricamo Head of Specialty Property Area Read More |
Insurance Partner James Crabtree Joins Edwards Wildman's Team in London Read More |
Debevoise & Plimpton Attorneys to Speak at the New York State Bar Association's Insurance Law Committee Program Read More |
View All Industry News
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INSURANCE COVERAGE
LAW REPORT |
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View Entire December/January Insurance Coverage Law Report |
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| View Insurance Coverage Law Report Archives |
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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 |
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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 ($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].
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| FC&S Legal: The Insurance Coverage Law Information Center |
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