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TODAY'S TOP DEVELOPMENTS |
Friday, June 9, 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
Commercial General Liability
Competitor's Failure to Allege Disparagement of Own Product Doomed Insured's Bid for "Advertising Injury" Coverage
A federal district court in Florida has ruled that an insurer owed no duty to defend or indemnify its insured under its policy's "advertising injury" coverage provisions where the insured was sued by a competitor over its advertising but the competitor did not allege that the insured had disparaged the competitor's products. Read More
Automobile Insurance
Woman Hit by Car After Parking Her Vehicle Was Not "Using" or "Operating" Her Vehicle
A New Jersey appellate court has ruled that a woman struck by a car after parking her insured vehicle was not entitled to personal injury protection benefits because her vehicle was not being "used or operated" at the time she was injured. Read More
Commercial General Liability
Yahoo Loses Bid for Insurance Coverage of Claims Its Text Messages Invaded Plaintiffs' Privacy
A federal district court in California has ruled that a commercial general liability insurance policy did not cover lawsuits against Yahoo! Inc. alleging that it had invaded the plaintiffs' privacy when it sent them unsolicited text messages. Read More |
View All Case Law Developments |
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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
Insurance Fraud
Lawyer Pled Guilty to Huge Social Security Fraud. Now, He's a Fugitive
A lawyer who referred to himself as "Mr. Social Security," and who recently pled guilty in federal court in Kentucky for his role in what prosecutors characterized as a scheme to fraudulently obtain $550 million in federal disability payments from the Social Security Administration for thousands of claimants, has disappeared a month before he was due to be sentenced. Read More |
View All Legislative/Regulatory Developments |
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Cybercrime to Cost Global Businesses Over $8 Trillion in Next Five Years, Report Says Read More |
Most Insurers Now Use Machine Learning for Predictive Analytical Modelling, Survey Says Read More |
British Drivers Top Global Survey Claiming Best Behavior Behind the Wheel Read More |
Even Minor Driving Infractions Cause Insurance Rates to Spike, Study Finds Read More |
Preventable Deaths Increase During Summer Months, National Safety Council Says 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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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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