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| TODAY'S TOP DEVELOPMENTS |
Thursday, June 30, 2016 |
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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
No Coverage for Environmental Cleanup Where Complaint Did Not Allege "Sudden and Accidental" Release, Second Circuit Decides
The U.S. Court of Appeals for the Second Circuit, reversing a decision by the U.S. District Court for the Southern District of New York, has ruled that an insurance company had no obligation to defend its insured under a commercial general liability insurance policy in an environmental lawsuit brought by the Commonwealth of Massachusetts where the complaint did not allege a "sudden and accidental" release of pollutants into the environment. Read More
Homeowners Insurance
Claim That Condo Owner Installed Hard Floor Without Permission, Causing Damage to Neighbor, Did Not Amount to "Occurrence," Washington Court Rules
A federal district court in Washington has ruled that a claim against the owner of a condominium unit that he had installed hard flooring in his unit without appropriate permission, causing excessive noise in the unit below and leading him to remove the flooring, did not amount to an "occurrence" under the owner's insurance policy. Read More
Verdicts & Settlements
$1 Million Settlement of Suit Alleging Failure to Provide Adequate Security to Prevent Man's Murder
A lawsuit alleging that inadequate security led to a man's murder in a supermarket parking lot has been settled for $1 million. Read More
Attorney's Fees
Virginia District Court Denies Attorneys' Fees to Insured Upon Finding That Insurer Had Rejected Claim In Good Faith
A federal district court in Virginia has denied an insured's claim for attorneys' fees pursuant to Virginia law after finding that the insurer had acted in good faith in investigating the insured's representations on an application for insurance. Read More |
View All Case Law Developments |
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Health Insurance
Illinois Insurance Department Approves Aetna-Humana Merger
The Illinois Department of Insurance has issued an order approving the proposed acquisition by Aetna, Inc., of three subsidiaries of Humana, Inc., as part of Aetna's proposed merger with Humana. Read More
Homeowners Insurance
Minnesota Finds That American Modern Insurance Overcharged Homeowners for "Force-Placed" Insurance
The Minnesota Department of Commerce has imposed a $1 million penalty against American Modern Insurance Group, with a requirement that the company provide refunds to Minnesotans who were overcharged for "force-placed" insurance on their homes. The company also must reform its business practices and lower its rates by 43 percent going forward. Read More |
View All Legislative/Regulatory Developments |
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| Luke Foord-Kelcey to Co-Head Aon Benfield's Global Cyber Practice Group Read More |
Insurance Veteran William J. Fishlinger Elected Chair of Diabetes Research Institute Foundation Read More |
Andrew G. Witik Joins Tressler's Insurance Practice as a Partner in Chicago Read More |
Vendor Problems Top List of Travelers' Wedding Insurance Claims Read More |
Ironshore Expands Global M&A Presence to North American Region; Navine K. Aggarwal to Lead Group Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire Summer 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, 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
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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