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TODAY'S TOP DEVELOPMENTS Monday, March 3, 2014

 
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

Product Liability Coverage
Product Liability Plaintiffs Are Entitled to New Trial Where Ford Had "Concealed" Its Insurance Policies, Georgia Supreme Court Rules
The Georgia Supreme Court has affirmed a trial court's decision granting an "untimely" and "extraordinary" motion for a new trial by plaintiffs in a product liability lawsuit against Ford Motor Company after the trial court found that Ford had concealed its product liability insurance coverage during the trial proceedings, which had resulted in a jury verdict for Ford. Read More

Business Income

Because of Evidence of a "Special Relationship" between Insureds and Their Broker, Insureds' Suit against Broker Should Not Have Been Dismissed, NY's Highest Court Holds
New York's highest court, the New York Court of Appeals, has ruled that sufficient evidence of a "special relationship" existed between insureds and their insurance broker such that a negligence lawsuit brought by the insureds against their broker should not have been dismissed at the summary judgment stage. Read More

Commercial Auto
Kentucky Supreme Court Rejects Reformation of Policy on Ground of Mutual Mistake, Finding that Insurer Only Had Demonstrated a Unilateral Mistake by the Insured
The Kentucky Supreme Court, reversing a lower court decision, has ruled that an insurance policy should not have been reformed on the ground of mutual mistake. The court found that the insurance company only had demonstrated that there had been a unilateral mistake by the insured when the insurer issued the policy. Read More

Homeowners Insurance
Insured's Failure to Submit to Examination under Oath Dooms Her Insurance Claim for Fire Damage to Her Home
The U.S. Court of Appeals for the Sixth Circuit has affirmed a district court's decision dismissing a homeowner's coverage action against its insurer because she failed to submit to an examination under oath. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

In the States

Vermont Legacy Insurance Management Act Becomes Law
The Vermont Legacy Insurance Management Act has been signed into law by Vermont Governor Peter Shumlin. Read More

Automobile Insurance

Jeffrey Zewe Is Named Director of Louisiana Automobile Theft and Insurance Fraud Prevention Authority 
Jeffrey Zewe has been appointed to the position of Director of the Louisiana Automobile Theft and Insurance Fraud Prevention Authority at the Louisiana Department of Insurance. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
"Fundamental Curtailment of Wide Ranging Commercial General Liability Coverage? The 'Classification Limitation Endorsement' – Part III," is Published in FC&S Legal's Flagship Publication, the Insurance Coverage Law Report  Read More

United Insurance Holdings Launches Common Stock Offering  
Read More

Executive Management Changes at PartnerRe  
Read More

XL Group Acquires Global Ag Insurance Services  
Read More

Winter of 2014 Expected To Be One of the Top 5 Costliest Since 1980  
Read More

View All Industry News

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Q&A
Club Member Injured Through Advice of Insured

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 INSURANCE COVERAGE
 LAW REPORT
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View Entire March Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
[email protected]
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
[email protected]
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, 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

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].

FC&S Legal: The Insurance Coverage Law Information Center
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