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| TODAY'S TOP DEVELOPMENTS |
Wednesday, February 25, 2015 |
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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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Superstorm Sandy
Insurance Broker Defeats Breach of Contract, Negligence, and New York Consumer Protection Law Claims in Superstorm Sandy Case
A federal district court in New York has granted an insurance broker's motion to dismiss breach of contract, negligence, and consumer protection law claims by a commercial property owner that alleged that its property had been damaged by Superstorm Sandy. Read More
Employee Benefits
New York Insurance Agent Found Entitled to Unemployment Insurance Benefits as Agency's "Employee"
A New York court has upheld a decision by the New York Unemployment Insurance Appeal Board that an insurance agent was entitled to unemployment insurance benefits as an employee of an insurance agency, and that the parties' agreement did not fall within the statutory exception classifying insurance agents as independent contractors. Read More
Automobile Insurance
N.J. Supreme: Barring Bad Faith Claims on Basis of "Entire Controversy" Doctrine Was "Inappropriate" in Uninsured Motorist Context
The New Jersey Supreme Court has ruled that barring bad faith claims against insurance companies on the basis of the "entire controversy" doctrine was "inappropriate" in the uninsured motorist ("UM") context. Nevertheless, the court affirmed a lower court's decision barring an insured's bad faith claim in this case, albeit on res judicata grounds. Read More
Eye on the Experts
Eighth Circuit Applies Compulsory Insurance Doctrine to Save Northwest: What Will Save You?
This Eye on the Experts article discusses a recent U.S. Court of Appeals for the Eighth Circuit decision holding that the somewhat obscure "compulsory insurance doctrine" permitted Northwest Airlines to recover insurance proceeds directly from its maintenance contract provider's insurer notwithstanding the fact that the service provider itself might be denied coverage for failure to provide notice. Read More |
View All Case Law Developments |
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In the States
Now, California Insurance Commissioner Bars "Price Optimization" by Insurers
California Insurance Commissioner Dave Jones has issued a notice to all property and casualty insurers doing business in California advising them that so-called "price optimization" in ratemaking was unfairly discriminatory and violated California law. Read More
Insurance Fraud
Investment Executive Pleads Guilty in Manhattan Federal Court to Participating in $30 Million Insurance Fraud
Allen Reichman, a former executive director of investments at a New York investment firm, has pleaded guilty in Manhattan federal court to participating in a massive scheme to defraud his employer and insurance regulators in connection with the fraudulent purchase of an Oklahoma insurance company. Read More
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View All Legislative/Regulatory Developments |
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| Thomas F. Segalla Joins Editorial Advisory Board of FC&S Legal Read More |
Kimberly-Clark Signs Agreements to Purchase Pension Annuity Contracts Read More |
Ullico Announces $25 Million Fiduciary Liability Insurance Limits Read More |
fTLD Registry to Operate ".insurance" Generic Top-Level Domain Read More |
Esurance Expands into Canada Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire January / 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
Cort T. Malone, Anderson Kill, P.C. |
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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@SummitProNets.com.
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| FC&S Legal: The Insurance Coverage Law Information Center |
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