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| TODAY'S TOP DEVELOPMENTS |
Thursday, September 12, 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
West Virginia Court Awards Hayseeds Damages after Finding that Insurer's Denial of Claim was Improper
After finding that a homeowner's insurer's investigation of a dog-bite incident was unreasonable and its denial of a claim was improper, a federal district court in West Virginia has ordered the insurer to pay attorney's fees and net economic losses to the insureds. Read More
Homeowners Insurance
Assurant and JPMorgan Chase Settle Force-Placed Insurance Class Action
Assurant, Inc., and JPMorgan Chase have agreed to settle a Florida class action lawsuit over allegations of improperly selling force-placed insurance policies. Under the settlement, they will pay $300 million. Read More
Attorney's Fees
Employee Had Right to Choose His Own Attorney But Not To Have His Employer or Employer's Insurer Indemnify Him under California Labor Law, Appellate Court Holds
A California court of appeal has affirmed a trial court's decision in favor of an employer and its insurer, declaring that an employee may have had a right to choose his own attorney when facing litigation and potential criminal charges but did not have the right to require the insurer and employer to indemnify him for those expenses under California Labor Code Section 2802. Read More
Homeowners Insurance
Relying on Florida Supreme Court Ruling, Appellate Court Reverses Trial Court's Decision in Favor of Insurer Where Homeowner Had Not Incurred Repair Expenses
A Florida appellate court, relying on the Florida Supreme Court's decision in Trinidad v. Florida Peninsula Ins. Co., has reversed a trial court's decision granting judgment in favor of an insurer on the ground that the insured homeowner had not incurred expenses to repair her damaged home, or contracted to incur those expenses. Read More |
View All Case Law Developments |
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Life Insurance
Another Life Insurer - Transamerica - Reaches Multi-Million Dollar Death Master Settlement Agreement with State Insurance Regulators
Another life insurer - this time, Transamerica Life Insurance Company - has reached a multi-million dollar settlement agreement with several state insurance regulators over the use of the Social Security Administration's Death Master File ("DMF") database. Under the settlement, Transamerica will pay $11.2 million to states that are a party to the settlement. Read More
Terrorism Risk Insurance
Cato Institute Paper Argues that Terrorism Risk Insurance Act is Corporate Welfare and Should End
In a new paper published by the Cato Institute, University of Maryland law professor Robert J. Rhee calls for ending the Terrorism Risk Insurance Act. Read More |
View All Legislative/Regulatory Developments |
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| PCI Announces New Chair and Vice Chair for its Legal and Government Affairs Committee Read More |
XL Group Assembles Crisis Management Team in U.S. Read More |
Mutual of Omaha Launches Group Critical Illness Insurance Read More |
Drivers Are Overwhelmingly Receptive to Usage-Based Auto Insurance, Towers Watson Survey Finds Read More |
I. John Cholnoky to Retire from Gen Re and A. Morris Tooker to Be President 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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