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| TODAY'S TOP DEVELOPMENTS |
Friday, October 18, 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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Commercial General Liability
School Board's Purchase of Insurance for Damages Exceeding $1 Million Did Not Waive Its Governmental Immunity, North Carolina Appellate Court Rules
A North Carolina appellate court has affirmed a trial court's decision and has ruled that a school board's purchase of insurance for damages in excess of $1 million did not constitute a waiver of governmental immunity. Therefore, it upheld the trial court's dismissal of a complaint against the board. Read More
Commercial General Liability
In Matter of First Impression, Delaware Court Finds Total Pollution Exclusion Applies to Bodily Injuries Allegedly Resulting from Residential Lead-Based Paint Exposure
A Delaware trial court has ruled, for the first time, that the total pollution exclusion applies to exclude coverage for a case alleging bodily injuries resulting from residential lead-based paint exposure. Read More
Automobile Insurance
Declaring that Illinois Law Eliminated Insurance Agent-Broker Dichotomy, Appellate Court Finds that Both Agents and Brokers Owe Insureds a Duty of Care
An Illinois appellate court has reversed a trial court's decision dismissing an action against an insurance agent on the ground that agents do not owe insureds a duty of care, finding that under Section 2–2201 of the Illinois Insurance Placement Liability Act, the insurance agent-broker dichotomy no longer exists in Illinois for purposes of determining the duty of care. Read More
Commercial General Liability
Total Pollution Exclusion Bars Coverage of "Chinese Drywall" Suit against Contractor, Court Rules
A total pollution exclusion endorsement in a commercial general liability insurance policy negated an insurance carrier's obligation to defend or indemnify a contractor sued in a "Chinese drywall" case. Read More |
View All Case Law Developments |
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Directors & Officers
FDIC Warns Banks about Increase in D&O Exclusions
The Federal Deposit Insurance Corporation has issued an advisory statement on director and officer liability insurance policies, exclusions, and indemnification for civil money penalties. Read More
Homeowners Insurance
American Security and Assurant Reach "Force-Placed" Insurance Settlement with Florida
Two "lender-placed" or "force-placed" insurance carriers in Florida have reached consent agreements with Florida"s Office of Insurance Regulation. Read More |
View All Legislative/Regulatory Developments |
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| Vice Chairman David Nadler to Retire from Marsh & McLennan Companies Read More |
Eileen McDonnell and Elizabeth Heck are Honored by State of Israel Bonds Insurance Division Read More |
Lou Gehrig Becomes Senior Vice President of Ascot Underwriting Read More |
Munich Re Appoints Bernhard Kaufmann as Group Chief Risk Officer Read More |
Zurich's Dan Riordan Named President of Berne Union Read More |
View All Industry News
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INSURANCE COVERAGE
LAW REPORT |
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View Entire October/November 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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