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TODAY'S TOP DEVELOPMENTS Tuesday, October 20, 2015

 
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

Automobile Insurance
Florida Supreme: “Collateral Source Rule” Applies to Future Benefits Provided by Social Legislation Such as Medicare
The Florida Supreme Court, reversing an intermediate appellate court’s decision, has ruled that a trial court in an insured’s lawsuit against his automobile insurance carrier had properly excluded evidence of the insured’s son’s eligibility for future benefits from Medicare, Medicaid, and other social legislation as collateral sources. Read More

Homeowners Insurance
Louisiana Supreme: Plaintiffs’ Individual Claims against Homeowners’ Insurer Were Barred by Previously-Filed Class Actions
The Louisiana Supreme Court, reversing a trial court’s decision, has ruled that the doctrine of lis pendens applied to the plaintiffs’ individual actions against their homeowners’ insurance carrier even though the plaintiffs were not named parties and had not joined in the first-filed class actions against the insurer, which stemmed from losses suffered as a result of Hurricane Katrina. Read More

Commercial Property
Court’s Ruling Is a Roadmap for Insurers to Limit “Bad Faith” Risk
A decision by a federal district court in Pennsylvania amounts to a roadmap of steps that insurance companies can take to limit their “bad faith” risk. Read More

Life Insurance
No AD&D Benefits Where Decedent Was Stabbed Twice; Court Rejects His Dying Statement that He Accidentally Fell on His Knife
A federal district court in South Carolina has upheld an insurance company’s decision denying payment of benefits under an accidental death and dismemberment (“AD&D”) insurance policy, determining that the insured’s death – which occurred after he was stabbed twice – was a result of the “[c]ommission of or attempt to commit an assault or felony” and was not accidental. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

In the States

North Carolina Insurance Commissioner Wayne Goodwin Announces Bid for Third Term
Wayne Goodwin, the North Carolina Insurance Commissioner who has been elected to two four-year terms, has announced that he is running for re-election in 2016. Read More

Health Insurance
North Carolina Expands Autism Insurance Coverage
North Carolina Governor Pat McCrory has signed the Autism Health Insurance Coverage Act into law, expanding insurance coverage for Autism Spectrum Disorder. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
AIG Appoints Madhu Tadikonda Commercial Chief Underwriting Officer, Announces Other Commercial Leadership Appointments  Read More

Chris Cox Named President of Old Dominion Insurance Company 
Read More

Third Point Reinsurance Appoints Janice Weidenborner Group General Counsel  
Read More

Argo Pro Introduces Professional and Management Liability Coverage for Investment Advisers and Mutual Funds  
Read More

Nassau Reinsurance Group to Acquire Insurance Business from Universal American  
Read More

View All Industry News
 
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Form Analysis
Fraudulent Impersonation

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Browse our entire library of over 2,500 insurance resources and forms.
 
 INSURANCE COVERAGE
 LAW REPORT
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View Entire Septmeber/October Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
 
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@alm.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@alm.com
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
Cort T. Malone, Anderson Kill, P.C.
Richard 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
Thomas F. Segalla, Goldberg Segalla
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 www.fcandslegal.com. To subscribe to FC&S Legal, please contact customer service at 1-800-543-0874 or customerservice@nuco.com.

FC&S Legal: The Insurance Coverage Law Information Center
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