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TODAY'S TOP DEVELOPMENTS Thursday October 9, 2014

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.


Crime and Employee Dishonesty
Court Applies Coverage Limit on Per-Policy Basis, Rather than Singly over Entire Course of One Occurrence Spanning Multiple Policy Renewals
A federal district court in New York has ruled that coverage limitations in a series of insurance policies that had been renewed had to be applied on a per-contract basis, rather than singly over the entire course of one occurrence spanning multiple policy periods and renewals. Read More

Automobile Insurance

Insured's Failure to Cooperate Dooms Suit Against His Insurer – Even in the Absence of Any Prejudice to the Carrier
A federal district court in Nevada has granted an insurance company's motion for summary judgment after finding that the insured had breached his policy's "cooperation" clause by failing to provide the medical information the insurer requested, even in the absence of proof of any prejudice to the carrier. Read More

Commercial General Liability
Mortgagees' Full Credit Bid at Foreclosure Sale under Their Second Deed of Trust Precluded Their Insurance Claim for Pre-Foreclosure Damages, California Appeals Court Rules
An appellate court in California has ruled that mortgagees who made a full credit bid at a foreclosure sale under their second deed of trust could not make a claim on insurance proceeds for pre-foreclosure damage to the property. Read More

Homeowners Insurance
Intentional Acts Exclusion Can Bar Coverage for Fire Set by Insane Insured
A federal district court in Florida has ruled that, under Florida law, an intentional acts exclusion in a homeowner's insurance policy could bar coverage for damages resulting from a fire intentionally set by an insane insured if, at the time, he understood the physical nature and consequences of his actions. Read More

View All Case Law Developments

In the States

California State Compensation Insurance Fund Selects Peter Guastamachio as CFO
The California State Compensation Insurance Fund has appointed Peter Guastamachio as its chief financial officer. Read More

In the States

Pennsylvania Insurance Department to Hold Public Hearing on Highmark's Proposal to Acquire Blue Cross of Northeastern Pennsylvania
The Pennsylvania Insurance Department will hold a public informational hearing on Wednesday, November 12, 2014 on the application from Highmark, Inc., seeking department approval for its proposed acquisition of Blue Cross of Northeastern Pennsylvania. Read More

View All Legislative/Regulatory Developments
NSM Insurance Group Acquires Specialty Aviation Underwriters Read More

Richard A. Olsen Named Chief Financial Officer of Munich Reinsurance America 
Read More

Walmart Drops Health Insurance Coverage for 30,000 Part-Time Employees 
Read More

Seattle Ranks as Safest City for Pedestrians; Boston, Washington, D.C., San Francisco, and New York in Top Five, According to Liberty Mutual Study 
Read More

Allianz Global Corporate & Specialty Makes Management Changes Read More

View All Industry News
Form Analysis
AAIS Commercial Property Program – Endorsements


Browse our entire library of over 2,500 insurance resources and forms.

View Entire October/November Insurance Coverage Law Report
View Insurance Coverage Law Report Archives
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
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, 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

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 To subscribe to FC&S Legal, please contact customer service at 1-800-543-0874 or

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