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TODAY'S TOP DEVELOPMENTS |
Thursday, February 6, 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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Commercial Property
Emergency Mitigation Measures and Repairs, Allegedly Faulty, Doom Coverage
A federal district court has ruled that an insurer was not obligated to cover claims stemming from allegedly faulty emergency mitigation measures and repairs made to a roof damaged by Hurricane Isaac. Read More
Commercial Auto
New Jersey Supreme Court Rejects Retroactive Application of Law Prohibiting “Step-Down” Provisions in Commercial Auto Policies
The New Jersey Supreme Court has ruled that a law prohibiting the use of “step-down” provisions in commercial automobile insurance policies to provide less uninsured or underinsured motorist coverage for employees than that provided to the “named insureds” on the policy may not be applied retroactively. Read More
Directors & Officers
Insured May Recover Damages from Insurer for “Aggravation and Inconvenience” Where Insurer Breached Policy by Refusing to Defend Insured, Fourth Circuit Holds
The U.S. Court of Appeals for the Fourth Circuit has ruled that an insured may recover damages for “aggravation and inconvenience” under West Virginia law where the insured’s insurance carrier, in breach of the policy, refused to defend the insured from potential liability arising from a lawsuit. Read More
Eye on the Experts
Disaster and Business Interruption Coverages in the Wake of the Polar Vortex
The “Polar Vortex” created severe cold weather conditions and record low temperatures across most of the United States. Many businesses suffered property damage or loss of business as a result of weather-related shut downs, road closures, supply chain interference, etc. What impact does this have on coverage under first-party property and business interruption insurance for damages and losses from the Polar Vortex? Read More |
View All Case Law Developments |
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Federal Actions
Federal Insurance Office Director Michael McRaith Calls for State – and Federal – Action in Testimony before Congress
Federal Insurance Office Director Michael McRaith, testifying before the House Financial Services Subcommittee on Housing and Insurance, declared that a “federal role in insurance regulation would improve uniformity of regulation, address the realities of globally active, diversified insurance firms, and better serve national interests.” Read More
Insurance Fraud
‘Operation Leaky Pipes’ Leads to A Dozen Arrests in Florida
A dozen Miami residents have been arrested in the ongoing insurance fraud investigation known as “Operation Leaky Pipes.” Read More
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View All Legislative/Regulatory Developments |
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Stephen Hester Appointed RSA Group Chief Executive Read More |
Genworth Names James Boyle as President and CEO of U.S. Life Operations Read More |
Rennie Muzii Joins Endurance Pro Insurance Read More |
AFBA and 5Star Life Insurance Name David Orr as Senior Vice President and Chief Actuary Read More |
Universal Insurance Subsidiary Seeks to Expand into Indiana, Minnesota, and Delaware Read More |
View All Industry News
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INSURANCE COVERAGE
LAW REPORT |
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View Entire February 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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