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TODAY'S TOP DEVELOPMENTS |
Tuesday, August 26, 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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Automobile Insurance
South Carolina Supreme Court Finds that Family “Step-Down” Provision Violated Public Policy
The South Carolina Supreme Court has ruled that a family “step-down” provision in an automobile insurance policy violated public policy and was unenforceable. Read More
Commercial General Liability
Washington Supreme Court Asked to Define “Collapse”
The U.S. Court of Appeals for the Ninth Circuit has asked the Washington Supreme Court to explain what constitutes “collapse” when the term was otherwise undefined in an insurance policy. Read More
Commercial General Liability
Landlord, as Additional Insured on Tenant’s Policy, Found Entitled to Coverage for Claims Arising Outside the Leased Premises
An appellate court in New Jersey, affirming a trial court’s decision, has ruled that a landlord named as an additional insured on its tenant’s insurance policy was entitled to coverage for a personal injury claim brought by a person who allegedly was injured on the stairs outside the store leased by the tenant. Read More
Exclusions
Exception to Exclusion for Named Insured Did Not Result in Coverage for Additional Insured, Fifth Circuit Decides
The U.S. Court of Appeals for the Fifth Circuit, applying Louisiana law and affirming a district court’s decision, has ruled that an exception to a watercraft exclusion in a general marine liability insurance policy only applied to liability that the named insured had assumed under an insured contract and, therefore, did not result in coverage where an additional insured sought coverage under the policy. Read More |
View All Case Law Developments |
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In the States
Kaj Samsom to Lead Insurance Division at Vermont’s Department of Financial Regulation
Susan L. Donegan, commissioner of Vermont’s Department of Financial Regulation, has appointed Kaj Samsom as deputy commissioner of the Insurance Division. Read More
Life Insurance
Three Insurance Agents Sentenced in Manhattan Federal Court for Elaborate Multimillion-Dollar Life Insurance Scheme
Michael Binday, the president and owner of a Scarsdale-based insurance agency, James Kevin Kergil, an insurance agent based in Peekskill, New York, and Mark Resnick, an insurance agent based in Orlando, Florida, have been sentenced to prison terms of 12 years, nine years, and six years, respectively, for their involvement in what federal prosecutors have characterized as a massive scheme to defraud life insurance companies in connection with the issuance of stranger-originated life insurance policies. Read More
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View All Legislative/Regulatory Developments |
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Susan Swails Joins Houston International Insurance as President and Chief Underwriting Officer of its Global Energy Division Read More |
Riverport Insurance Announces Special Events Coverage Program Read More |
Allied World to Acquire the Hong Kong and Singapore Operations of Royal & Sun Alliance Insurance Read More |
Insurance Regulatory Attorney Nate “Wes” Strickland Joins Colodny, Fass Talenfeld, Karlinsky, Abate & Webb Read More |
U.S. Employers Expect Health Care Costs to Rise Four Percent in 2015, Towers Watson Survey Finds Read More |
View All Industry News |
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INSURANCE COVERAGE
LAW REPORT |
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View Entire September 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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