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TODAY'S TOP DEVELOPMENTS |
Wednesday, June 18, 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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Attorney’s Fees
Are Insurers Always Entitled to Their Attorney’s Fees and Costs for an Interpleader Action? In a Word, No
A federal district court in Georgia has denied an insurance carrier’s request for the attorney’s fees and costs it incurred in an interpleader action it began to resolve competing claims by homeowners and their mortgagee to proceeds from an insurance policy, finding that the insurer should have expected “that a dispute over title and insurance proceeds” would “arise with some regularity in its course of business.” Read More
Trial Strategy
When Will a U.S. Court Assert Jurisdiction Over a Foreign Insurer?
The globalization of commerce is leading to more and more situations where a U.S. company is insured by an overseas insurance carrier. What does it take for a policyholder to be able to sue a foreign insurer in a U.S. court? A recent decision by a federal district court in Washington illustrates the analysis that courts undertake to determine whether a foreign carrier is subject to their jurisdiction. Read More
Commercial General Liability
Court Enforces Insurer-Insured Privilege
A federal district court has upheld the insurer-insured privilege under Illinois law, and decided that it had been waived with respect to only one issue. Read More
Eye on the Experts
Bad Faith Compendium: West Virginia
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 23rd and final installment of the compendium reviews bad faith law in West Virginia. Read More |
View All Case Law Developments |
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Insurer Insolvency
Heritage Insurance Receives Approval to Transition 35,000 Policies from Sunshine State Insurance
Heritage Insurance Holdings, Inc., has received a court order to transition approximately 35,000 policies of Sunshine State Property & Casualty Insurance Company, which is in liquidation. The policies will be transitioned to Heritage’s wholly-owned subsidiary, Heritage Property & Casualty Insurance Company. Read More
In the States
Oklahoma Approves Re-Domestication of Individual Assurance from Missouri
The Oklahoma Insurance Department has approved the re-domestication of Individual Assurance Company, Life, Accident and Health from Missouri to Oklahoma. Read More
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View All Legislative/Regulatory Developments |
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Ironshore Introduces Personal Accident Insurance for Space Tourism Read More |
“‘Charge’ Ahead: What the EEOC’s Recent Enforcement and Litigation Data Statistics Really Mean for EPL Insurers” Is Published in FC&S Legal’s Flagship Publication, the Insurance Coverage Law Report Read More |
XL Group Names Kelly Lyles Chief Executive of Global Professional Read More |
ACE Bermuda International Launches New CODA Premier Directors and Officers Liability Insurance Policy Read More |
Berkshire Hathaway Specialty Insurance Enters Surety Market, Names Geoff Delisio as Senior Vice President of Surety 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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