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| TODAY'S TOP DEVELOPMENTS |
Tuesday, July 5, 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
“Employer’s Liability” Exclusion Precluded Coverage for Insured, But Not Additional Insured, According to N.J. District Court
A federal district court in New Jersey has ruled that a contract exclusion of independent contractors, subcontractors, and their employees prevented an insurance policy from covering certain claims against a named insured but not against an additional insured. Read More
Commercial Lines
“Proceeding” Began with Filing of Charge, Not Just When Agency Filed Formal Complaint, Ohio District Court Declares
A federal district court in Ohio has ruled that an insured that notified its insurer of a formal complaint filed against it by a state civil rights commission but not of the earlier initiation of the commission action had not provided timely notice. Read More
Commercial Lines
Finding 3 Terms Ambiguous, New Hampshire Supreme Court Rules That Bathroom Cleaner at Motorcycle Event Was a Volunteer Worker Covered By Policy
The New Hampshire Supreme Court, finding that the terms “donates,” “compensation” and “at your direction” were all ambiguous, decided that a person who cleaned bathrooms for tips at a motorcycle event was a volunteer covered by an amusement park general liability insurance policy issued to the owner of the property that hosted the event. Read More
Claims Resolution
Settlement Released Insurer’s Obligation to “Preserve” Vehicle Involved in Accident, Texas Appeals Court Says
An appellate court in Texas, affirming a trial court’s decision, has ruled that the terms of a settlement agreement in two plaintiffs’ lawsuit against an insurer and its insured released the insurer’s obligation to “preserve” a vehicle involved in the underlying accident, even if that affected the plaintiffs’ subsequent lawsuit against the manufacturer of the vehicle and airbag. Read More |
View All Case Law Developments |
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Federal Actions
FSOC Rescinds Designation of Nonbank Financial Company. No, Not That One.
The Financial Stability Oversight Council has voted to rescind its determination that material financial distress at GE Capital Global Holdings, LLC, could pose a threat to U.S. financial stability and that GE Capital should be subject to supervision by the Board of Governors of the Federal Reserve System and enhanced prudential standards. Read More
In the States
Maryland’s New Structured Settlement Payment Purchasing Law
A structured settlement payment purchasing bill has become law in Maryland. Read More |
View All Legislative/Regulatory Developments |
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| One Third of American Workers Say Their Employers Prioritize Productivity Over Safety, National Safety Council Survey Finds Read More |
Nassau Reinsurance Group Completes Acquisition of The Phoenix Companies Read More |
CAMICO and Berkley Alliance Managers Offer Coverage for CPA Firms Read More |
Zelle LLP Opens Miami Office; Anaysa Gallardo Stutzman and Daniel Baron Join the Firm Read More |
Allied World Launches Accounts Receivable Insurance in the United States 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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| 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, 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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