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| TODAY'S TOP DEVELOPMENTS |
Monday, June 5, 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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Superstorm Sandy
N.J. Supreme Court Caps Superstorm Sandy Recovery at $1 Million
The New Jersey Supreme Court has ruled that a surplus lines insurance contract's coverage for a flood occurrence was limited to $1 million — including debris removal coverage. Read More
Automobile Insurance
Overruling Decades of Caselaw, Michigan Supreme Court Holds That Healthcare Provider Cannot Sue No-Fault Insurer for PIP Benefits
Healthcare providers do not have a statutory cause of action against no-fault insurers for recovery of personal protection insurance benefits under the no-fault act, Michigan's Supreme Court has ruled in a decision that reversed decades of caselaw holding that a healthcare provider could assert a direct cause of action against a no-fault insurer to recover no-fault benefits. Read More
Subrogation
Hawaii Supreme Court Limits Health Insurers' Subrogation Rights Against Third-Party Tortfeasors
The Hawaii Supreme Court has ruled that a health insurer did not have a broad, unrestricted right of subrogation against a third-party tortfeasor who had injured its insured but, rather, was limited to reimbursement rights established by statute. Read More
Claims Resolution
Rhode Island Supreme Court Affirms Dismissal of Insured's Bad Faith Suit Filed Over 2 Years After Loss
The Rhode Island Supreme Court has affirmed the dismissal of an insured's lawsuit against its insurer on the ground that it was filed more than two years after the date of the loss, where the policy required that any such suit be filed within two years of the date of loss. Read More |
View All Case Law Developments |
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Superstorm Sandy
Five More Charged with Filing False Applications for Superstorm Sandy Relief Funds
Five more people have been charged in New Jersey with filing fraudulent applications for federal relief funds related to Superstorm Sandy. Read More
Federal Actions
HUD Did Not Ensure That Lenders Properly Processed Voluntary Terminations of Insurance Coverage on FHA Loans and Disclosed All Implications to Borrowers
The Office of Inspector General of the U.S. Department of Housing Urban Development audited the department to determine whether it ensured that lenders properly processed voluntary terminations of insurance coverage on single-family Federal Housing Administration loans and disclosed all implications of the terminations to the borrowers. Read More |
View All Legislative/Regulatory Developments |
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| Chubb Appoints John Watkins as Head of Casualty Claims for North America Claims Read More |
Slice Launches On-Demand Insurance for Homeshare Hosts Read More |
Most Insurers Now Use Machine Learning for Predictive Analytical Modelling, Survey Says Read More |
Cybercrime to Cost Global Businesses Over $8 Trillion in Next Five Years, Report Says Read More |
The Hanover Introduces Online Builders Risk Tool Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Spring Insurance Coverage Law Report |
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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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