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TODAY'S TOP DEVELOPMENTS |
Tuesday, March 21, 2017 |
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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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Homeowners Insurance New Exclusion Precluded "Collapse" Coverage Where Home "Remained Upright," Illinois District Court Holds
A federal district court in Illinois, relying on a new exclusion in a homeowners insurance policy, has ruled that a home had not "collapsed" where it "remained upright on its foundation" — even if it was cracked, bulging, sagging, bending, leaning, settled, shrunk, or expanded. Read More
Exclusions
Insurer Had No Duty to Defend Insureds Sued for Fraudulent Mortgage Modification Scam, According to California District Court
A federal district court in California has ruled that an insurance company did not have to defend insureds who were sued for allegedly engaging in a fraudulent mortgage modification scam. Read More
Automobile Insurance
Online Applicant Was Adequately Informed of Need to Have Vehicle Inspected or Have Coverage Suspended, N.J. Appeals Court Rules
An appellate court in New Jersey has ruled that an online applicant for auto insurance had been adequately informed by his insurer of the need to have his vehicle inspected to avoid having his coverage suspended. Read More
Automobile Insurance
McCarran-Ferguson Did Not Bar Application of TCPA to Insurer That Allegedly Texted Customer to Renew His Auto Policy, California District Court Decides
A federal district court in California has ruled that the McCarran-Ferguson Act did not bar the application of the Telephone Consumer Protection Act to a lawsuit alleging that an insurer sent text messages soliciting its insured to renew his auto insurance policy. Read More |
View All Case Law Developments |
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In the States
New Law in New York Creates Insurance Advisory Board, Charged with Growing the Insurance Industry
New York Governor Andrew M. Cuomo has signed into law a bill creating the State Insurance Advisory Board. Read More
Alternative Risk and Captives
Vermont Captive Director to Become President of Captive Insurance Companies Association
Dan Towle, currently the director of financial services at the Vermont Agency of Commerce & Community Development in charge of captive insurers in the state, will succeed Dennis Harwick as president of the Captive Insurance Companies Association. Read More |
View All Legislative/Regulatory Developments |
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Nearly 10 Percent of World's Most Ethical Companies Are Insurers, Ethics Group Says Read More |
Emy Donavan to Lead AGCS Cyber Insurance Business Read More |
The Standard Names Graeme Queen Second Vice President of Strategic Account Services Read More |
Insurify, the Virtual Insurance Agent, Raises $4.6 Million, Led by MassMutual Ventures and Nationwide Ventures Read More |
FC&S Legal Publishes “What Insurers and Local Officials Can Learn from the Oroville Dam Crisis” Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Winter Insurance Coverage Law Report |
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View Insurance Coverage Law Report Archives |
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Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com |
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FC&S Legal Editorial Advisory Board |
Mitchell J. Auslander, Willkie Farr & Gallagher LLP
Carrie Cope, Cope Ehlers, 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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Richard 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@nuco.com.
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FC&S Legal: The Insurance Coverage Law Information Center |
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