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TODAY'S TOP DEVELOPMENTS Tuesday, September 10, 2013   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.  CASE LAW Commercial Auto Employee Exclusion and Delayed Notice Doom Coverage for Alleged Accident Leading to Insured's President's Death A federal district court in Illinois has granted judgment to an insurance company that had issued a commercial auto policy, finding that the policy's employee exclusion and the insured's failure to promptly provide notice barred coverage for a claim arising from an alleged accident that led to the insured's president's death. Read More Commercial Auto Court Rejects Insurer's "New Argument" as Reason to Alter $4.4 Million Judgment Entered after Jury Trial A Colorado magistrate judge has refused to alter a $4.4 million judgment against an automobile insurer, finding that its motion came "too late" and sought to raise a "new argument" that "should have been raised" earlier. Read More Commercial Property Superstorm Sandy: Magistrate Judge Says Damage to Building Was Likely Caused by Water, Not Wind A magistrate judge has ruled that water, not wind, from Superstorm Sandy likely damaged a building, and that coverage therefore likely was excluded. Read More Commercial General Liability Appellate Court Refuses to Vacate One Insurer's Arbitration Award against Another Insurer A New Jersey appeals court has refused to vacate an insurance company's arbitration award against another insurer that asserted that the arbitration panel did not have jurisdiction. Read More View All Case Law Developments    LEGISLATIVE/REGULATORY International Regulation Increasing Regulation Causes Strategic Paralysis for European Insurers, Report Finds The high costs and challenges for insurers of dealing with new regulations are highlighted in a report from Deloitte. Read More In the States Four Candidates for Watchdog at Florida's Citizens Property Insurance Florida Governor Rick Scott has been sent the names of four people from whom his administration will choose the internal watchdog – at a salary of up to $200,000 per year – for Citizens Property Insurance Corporation. Read More View All Legislative/Regulatory Developments      INDUSTRY NEWS Former Insurance Executive Joins Nelson Levine as Of Counsel Read More American Family Insurance Acquires Direct Property Insurer Homesite Group Read More Alternative Reinsurance Demand Set to Continue, Fitch Says Read More Independence Holding Company Commences Tender Offer for American Independence Common Stock Read More Texas Again Has Highest Rate of Uninsured in Nation Read More View All Industry News Q&A Additional Coverages and Deductibles Browse our entire library of over 2,500 insurance resources and forms.    INSURANCE COVERAGE  LAW REPORT View Entire September Insurance Coverage Law Report   View Insurance Coverage Law Report Archives Steven A. Meyerowitz, ESQ. Director, FC&S Legal [email protected] Victoria Prussen Spears, ESQ. Associate Director, FC&S Legal [email protected] 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 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 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]. FC&S Legal: The Insurance Coverage Law Information Center     To ensure future delivery of email, please add [email protected] to your address book, contacts or safe sender list. You have received this email at %%merge members_.emailaddr_%%. Click here to unsubscribe from %%merge list.descshort%%. ©2013 Summit Professional Networks, All rights reserved. Privacy Policy 5081 Olympic Blvd Erlanger, KY 41018 1-800-543-0874