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TODAY'S TOP DEVELOPMENTS |
Friday, September 20, 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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Homeowners Insurance
Efficient Proximate Cause Doctrine, Not Concurrent Causation Rule, Applies in Multi-Peril First-Party Insurance Cases, Florida Appeals Court Decides
A Florida appellate court has reversed an $8 million judgment against a homeowner's insurance carrier and ruled that, in a case involving multiple perils and a first-party insurance policy, the "concurrent causation" doctrine should not be applied. Instead, it held, the "efficient proximate cause" doctrine should govern. Read More
Subrogation
Defendant in Insurer's Subrogation Action Cannot Rely on Liability Limit in Its Contract with Insured to Defeat Insurer's Negligent Misrepresentation Claim
An appellate court in Florida has ruled that a defendant in an insurer's subrogation action cannot rely on a limitation of liability clause in its contract with the insured to defeat a negligent misrepresentation claim that was "independent of the contract." Read More
Automobile Insurance
New Jersey Auto Policy Voided for Fraud Is Reformed to Provide for Mandatory Minimum Liability Insurance Coverage to Pay Innocent Third Parties' Claims
A New Jersey appellate court has ruled that an automobile insurance carrier seeking to retroactively void coverage based on the prior conduct of its insured cannot avoid providing the minimum compulsory non-cancelable $15,000/$30,000 liability limits to pay liability claims of innocent third parties. Read More
Homeowners Insurance
Bankruptcy Court Did Not Have Jurisdiction Over Chapter 7 Debtor's Claim against His Insurer Where Claim Had Been Abandoned by Debtor's Bankruptcy Trustee
A federal district court in Minnesota has affirmed a bankruptcy court's decision that the bankruptcy court did not have jurisdiction over a Chapter 7 debtor's adversary proceeding against his homeowner's insurer where the claims asserted in the adversary proceeding had been abandoned by the debtor's Chapter 7 bankruptcy trustee. Read More |
View All Case Law Developments |
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Flood
Senate Subcommittee Holds Hearing on Biggert-Waters
The U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy has held a hearing on the "Implementation of The Biggert-Waters Flood Insurance Act of 2012: One Year After Enactment." A webcast is available. Read More
Insurance Fraud
Former Allstate Employee Pleads Guilty to Insurance Scam
Yarden Lee Bracero, a former Allstate employee in Jacksonville, Florida, has pleaded guilty to one count of scheme to defraud and three counts of identity theft for diverting claims payments for her own personal use. Read More |
View All Legislative/Regulatory Developments |
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Health Republic Insurance of New York Announces Debra Friedman as President and CEO Read More |
Builders Insurance Adds Charles Potok and Salvatore Correnti to its Board Read More |
Record Highs Signal Inflexion Point for Insurance-Linked Securities Market in 2013, According to Aon Benfield ILS Study Read More |
Brian Cesario to Join Fireman's Fund Insurance Company's Personal Insurance Team Read More |
Hudson Insurance and Crum & Forster Realign D&O and E&O Operations 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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