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TODAY'S TOP DEVELOPMENTS |
Tuesday, March 25, 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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Life Insurance
Nebraska Supreme: Property Settlement Agreement Incorporated into Divorce Decree Establishes Ownership of Life Insurance Policies Although Beneficiary Had Not Been Changed
The Nebraska Supreme Court has enforced a property settlement agreement incorporated into a divorce decree that allocated an ex-husband's life insurance policies even where he had not changed the beneficiary from his former wife, notwithstanding the state's general rule that divorce did not affect a beneficiary designation in a life insurance policy. Read More
Health Insurance
Insurer Could Not Rely on Statutory Limitations Periods Applicable to Agents, Louisiana Appeals Court Holds
An appellate court in Louisiana, reversing a trial court's decision, has ruled that an insurance carrier sued along with its alleged agent could not rely on limitations periods contained in a state law that was applicable to agents, even where the insured's claims against the insurer were derivative of the insured's claims against the agent. Read More
Homeowners Insurance
Insurer's "Novel" Argument that It Could Not Be Sued for Bad Faith for Actions It Took after Policy's Suit Limitation Period Had Expired is Rejected
A federal district court in Washington has denied an insurance company's motion for summary judgment in a case asserting that it had acted in bad faith in denying an insured's claim after the policy's suit limitations period had expired, where the insurer still was considering the claim at that time. Read More
Life Insurance
Court Dismisses Claim that Owners of Single Premium Variable Life Insurance Policy Had Been Charged Excessive Interest on Policy Loan
A federal district court in Wisconsin has rejected claims by the owners of a single premium variable life insurance policy that they had been overcharged interest on a policy loan. Read More |
View All Case Law Developments |
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In the States
Florida Senate Passes Bill Barring Insurers from Discriminating against Gun Owners
The Florida Senate has passed a bill that would prohibit insurance carriers from discriminating on the basis of gun ownership in personal lines property and personal lines automobile insurance. Read More
Health Insurance
Health Insurer Settles Charges It Wrongly Denied Mental Health Benefits to Thousands of New Yorkers
Schenectady, New York-based MVP Health Care has reached a settlement with New York regulators under which the health insurer will reform its behavioral health claims review process, cover residential treatment, and charge the lower primary care co-payment for outpatient visits to most mental health and substance abuse treatment providers. Read More
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View All Legislative/Regulatory Developments |
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FC&S Legal Publishes Nelson Levine de Luca & Hamilton's Bad Faith Compendium: Missouri Read More |
First Guard Insurance Acquired by Biglari Holdings Read More |
Wilton Re to be Acquired by Canada Pension Plan Investment Board Read More |
Peter R. Fisher Is New Director Nominee at AIG Read More |
Allianz Global Corporate & Specialty Appoints Alexander Mack to its Board as Chief Claims Officer Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire April 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 customerservice@SummitProNets.com.
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FC&S Legal: The Insurance Coverage Law Information Center |
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