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| TODAY'S TOP DEVELOPMENTS |
Monday, September 9, 2013 |
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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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Claims Resolution
Appeals Court Upholds Remittitur of $19 Million Punitive Damages Award Against Insurer to $350,000 Based on Maximum 10:1 Ratio of Punitive to Compensatory Damages
A California appellate court has affirmed a trial court's remittitur of a punitive damages award against an insurer from $19 million to $350,000 based on a ratio of punitive to compensatory damages of 10:1, finding that that was the maximum ratio that comported with due process. Read More
Title Insurance
Bank Can Add Punitive Damages Claim against Title Insurer, Court Rules
A federal district court in Idaho has granted a bank's motion to amend to add a claim for punitive damages against a title insurer. In so ruling, the court seemed to give great weight to the opinion of the bank's experts. Read More
Commercial General Liability
"Your Product" Exclusion Applies to Insured's Sliding Glass Doors Even After Transoms Had Been Added, Florida Appeals Court Decides
A Florida appellate court has ruled that the "your product" exclusion applied to bar coverage for costs incurred by an insured manufacturer to replace allegedly defective sliding glass doors that had been altered with the addition of transoms. Read More
Worker's Compensation
Texas Supreme Court Rules that Permanent Lifetime Income Benefit Determinations, Once Made, Are Permanent and Cannot Be Re-Opened
The Texas Supreme Court has rejected the contention by the Texas Department of Insurance, Division of Workers' Compensation, that it had the power to re-open determinations of eligibility for permanent lifetime income benefits, concluding that such a procedure had been deliberately removed by the state legislature in 1989. Read More |
View All Case Law Developments |
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Worker's Compensation
10 Current and Former U.S. Postal Service Employees and Two Doctors Charged in Alleged Worker's Compensation Fraud
A federal grand jury in the Puerto Rico has returned 12 separate indictments charging 10 current and former U.S. Postal Service employees and two doctors with fraud associated with the Department of Labor Office of Workers' Compensation Program. Read More
Health Insurance
In Absence of States Expanding Medicaid, 2 In 5 Uninsured Adults Could Have No Health Insurance Option, Report Finds
Two of five adults who recently have been uninsured living in states that have not yet decided to expand Medicaid eligibility under the Affordable Care Act would likely have no new affordable health insurance options if their states do not eventually expand the program, according to a new Commonwealth Fund report. Read More |
View All Legislative/Regulatory Developments |
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| Aileen Marchese to Head Ironshore's Northeast Region Read More |
Aspen US Insurance Appoints Jude DiBattista Chief Underwriting Officer for Excess Casualty Read More |
Floods Risk Damaging US$45 Trillion Worth of Property by 2050, OECD Report Asserts Read More |
Berkshire Hathaway Specialty Insurance Appoints James O. Roser as Chief Information Officer Read More |
United Insurance Appoints Andrew Swenson as Vice President and Chief Information Officer 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, Tressler 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 ($795 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 [email protected].
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| FC&S Legal: The Insurance Coverage Law Information Center |
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