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TODAY'S TOP DEVELOPMENTS Tuesday, December 23, 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.

 CASE LAW

Directors & Officers
Court Rejects Plaintiffs' Efforts to Require Company that "Bought Back" Insurance Policies from Insolvent Insurers to Defend Its Executives
A federal district court in Louisiana has ruled that a company that "bought back" insurance policies from two insolvent insurers could not be required to defend its executives in litigation alleging damages for exposure to asbestos. Read More

Commercial General Liability

DISH Is Engaged in Broadcasting and Telecasting, Dooming Its Claim for Advertising Injury Coverage of Patent Infringement Action, Tenth Circuit Rules
The U.S. Court of Appeals for the Tenth Circuit, affirming a district court's decision, has ruled that DISH Network Corporation and DISH Network LLC are engaged primarily in the business of "broadcasting" and "telecasting" and that, consequently, coverage for advertising injuries was unavailable under their commercial general liability insurance policies. Read More

Homeowners Insurance
Court Refuses to Dismiss Suit Against Insurer Alleging that Its Adjuster Instructed Homeowner to Secure Damaged Roof, Leading to His Injuries
A federal district court in Pennsylvania has refused to dismiss negligence and bad faith claims against an insurance company brought by a homeowner who alleged that he had been injured after the insurer's adjuster instructed him to secure his damaged roof and he fell through it. Read More

Environmental Liability
Federal Court Denies Insurer's Motion to Dismiss or Transfer Venue, Finding that Policy's Forum Selection Clause Was Permissive, Not Mandatory
A federal district court in North Carolina, deciding that a forum selection clause in an insurance policy was permissive, not mandatory, has refused to dismiss an action brought by insureds against the carrier. Read More

View All Case Law Developments
 
 LEGISLATIVE/REGULATORY

In the States

Policy Count Drops 21.8 Percent at Florida's Citizens Property Insurance
The policy count at Florida's Citizens Property Insurance Corporation has dropped by 21.8 percent since June 1, 2014. Read More

In the States

Pennsylvania Joins International Information Exchange Agreement
Pennsylvania has joined an international supervisory cooperation and information exchange agreement. There are now 43 jurisdictions admitted as signatories to the International Association of Insurance Supervisors Multilateral Memorandum of Understanding, representing more than 60 percent of worldwide premium volume. Read More

View All Legislative/Regulatory Developments
   
 INDUSTRY NEWS
Allstate to Join Consortium Researching Benefits of Using Drones Read More

Arch Insurance Group Makes Senior Management Changes 
Read More

Northwestern Mutual Sells Russell Investments for $2.7 Billion 
Read More

AXA Makes Senior Executive Appointments 
Read More

Karen Rohan Named President of Aetna Read More

View All Industry News
 
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Q&A
ACV versus Replacement Cost

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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 December Insurance Coverage Law Report
 
View Insurance Coverage Law Report Archives
 
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
smeyerowitz@SummitProNets.com
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
vspears@SummitProNets.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
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 www.fcandslegal.com. To subscribe to FC&S Legal, please contact customer service at 1-800-543-0874 or customerservice@SummitProNets.com.

FC&S Legal: The Insurance Coverage Law Information Center
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