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TODAY'S TOP DEVELOPMENTS |
Friday, February 14, 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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Trial Strategy
How Can an Insurer Plead Diversity in a Coverage Action Where It Cannot Reasonably Ascertain Facts Supporting Jurisdiction?
It typically is a rather straightforward matter when an insurance company pleads diversity jurisdiction under 28 U.S.C. §1332. In some instances, however, the question of a defendant’s citizenship can be complicated – or even unknown. A recent decision by the U.S. Court of Appeals for the Ninth Circuit suggests how an insurer can plead diversity when it cannot reasonably ascertain the facts supporting jurisdiction. Read More
Homeowners Insurance
Citibank Agrees to Pay $110 Million to Settle Force-Placed Insurance Suit
Citibank, N.A., and CitiMortgage, Inc., have agreed to settle a putative class action lawsuit over force-placed insurance. Under the settlement, members of the proposed settlement classes will be entitled to receive more than $110 million in refunds of premiums that were charged to their accounts by Citi. Read More
Businessowners
Law Firm’s Claim for Loss in Forged Check Scam Found Barred by Policy’s “Voluntary Parting” Exclusion
A federal district court in New York has rejected a law firm’s contention that its insurance carrier was obligated to cover it for its loss in a forged check scam. Read More
Commercial General Liability
Circuit Court Affirms Order Reforming Policy to Include Law Enforcement Exclusion that Insurer Inadvertently Had Omitted
The U.S. Court of Appeals for the Eighth Circuit has affirmed a district court decision reforming a commercial insurance policy to include an exclusion that the insurance company had inadvertently omitted. Read More |
View All Case Law Developments |
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Federal Actions
Disaster Savings Accounts Bill Introduced in Congress
Legislation has been introduced in Congress that would establish a new tax-preferred savings account that homeowners could use specifically for the purpose of natural disaster mitigation and recovery. Read More
Federal Actions
JPMorgan Chase to Pay $614 Million for Submitting False Claims for FHA-Insured and VA-Guaranteed Mortgage Loans
JPMorgan Chase will pay $614 million for violating the federal False Claims Act by knowingly originating and underwriting non-compliant mortgage loans submitted for insurance coverage and guarantees by the Department of Housing and Urban Development’s Federal Housing Administration and the Department of Veterans Affairs. Read More
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View All Legislative/Regulatory Developments |
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Health Insurance Litigators D. Brian Hufford and Jason S. Cowart Join Zuckerman Spaeder in New York Read More |
FC&S Legal Publishes Nelson Levine de Luca & Hamilton’s Bad Faith Compendium: Florida Read More |
Garfunkel Wild Promotes Debra A. Silverman to Partner/Director of the Firm Read More |
Insurance Coverage Attorney G. Edward Rudloff Jr. Elected President of Foran Glennon Palandech Ponzi & Rudloff Read More |
Tower Group’s Chief Resigns; Jan R. Van Gorder and William W. Fox, Jr., Named as Successors 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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