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| TODAY'S TOP DEVELOPMENTS |
Thursday, May 29, 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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Commercial General Liability
Innocent Injured Third Party Entitled to Full Coverage under Ambulance Company's Insurance Policy, New Jersey Appeals Court Rules
An appellate court in New Jersey has ruled that an innocent injured third party was entitled to full coverage under an ambulance company’s $500,000 insurance policy – the amount required by state law for ambulance companies – even though the ambulance driver who was driving when the third party allegedly was injured was not a listed driver under the policy. The appellate court rejected the insurer's contention that the limit available to the third party should be the $15,000 minimum limit for auto policies. Read More
Commercial Property
Insured's Claim against Independent Adjuster Could Proceed, Federal Court in Texas Decides
A federal district court in Texas, applying Texas law to decide a motion to remand based on an alleged lack of diversity, has ruled that an insured had a "reasonable basis of recovery" against an independent insurance adjuster. Read More
Commercial General Liability
Insured's Negligence Suit against Wholesale Insurance Broker Found Timely When Filed Within Four Years of Its Settlement of Underlying Action
A Florida appeals court, reversing a trial court's decision, has ruled that an insured's negligence complaint against a wholesale insurance broker was timely because it was filed within four years of the insured's settlement of an underlying action against the insured. Read More
Eye on the Experts
Bad Faith Compendium: Texas
Insurance bad faith law is like a quilt, a patchwork that varies from square to square – in this instance, common law decisions, statutes and codes that differ widely from state to state. Insurer conduct that is benign in one jurisdiction may rise to the level of bad faith conduct in another. The 20th installment of the compendium reviews bad faith law in Texas. Read More |
View All Case Law Developments |
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Automobile Insurance
New York Urges Auto Insurers to Adopt "Usage-Based Insurance" Programs
The New York Department of Financial Services has issued a bulletin to all New York auto insurers encouraging them to adopt "usage-based insurance" programs. Read More
Automobile Insurance
Bill Would Allow Servicemembers to Keep Their Car Insurance When Moving Across State Lines
U.S. Rep. Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, and U.S. Rep. Tammy Duckworth (D-Ill.), a veteran of the Iraq war and a member of the House Armed Services Committee, have introduced the Servicemembers Insurance Relief Act (H.R. 4669). . Read More
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View All Legislative/Regulatory Developments |
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| Lloyd's Announces Changes in Finance and Operations Read More |
NOAA Predicts Near-Normal or Below-Normal 2014 Atlantic Hurricane Season Read More |
Standard Life Appoints Luke Savage Chief Financial Officer Read More |
GEICO's Nancy Pierce Elected Chair of NICB's Board of Governors Read More |
Aaron Mikulsky Named Senior Vice President at Employers Insurance Company of Nevada Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire June 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, Rivkin Radler 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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