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TODAY'S TOP DEVELOPMENTS Thursday, January 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.


Product Liability Coverage
Independent Equitable Cause of Action for Medical Monitoring is Rejected by New York's Top Court
New York's highest court, the New York Court of Appeals, has refused to recognize an independent equitable cause of action for medical monitoring. Read More


Is a Financial Institution Bond a Surety Contract? South Dakota Supreme Court Is Asked to Decide
A federal district judge in South Dakota has asked the South Dakota Supreme Court to determine whether a financial institution bond was a surety contract and, therefore, whether it was exempt from the South Dakota law that prohibits parties from contractually limiting the statute of limitations except in the case of a surety contract. Read More

Insurer's Default Judgment Against Corporation Had Expired By the Time Insurer Brought Its "Piercing the Corporate Veil" Suit against Corporation's Owner, Appellate Court Rules
An appellate court in Minnesota has ruled that a default judgment an insurance company had obtained against a corporation for causing water damage to a home it insured had expired by the time it brought suit against the corporation's owner and sole shareholder seeking to pierce the corporate veil and hold him personally liable for the judgment. Therefore, the insurer's action had been properly dismissed, the appellate court decided.  Read More

Automobile Insurance
Insurer May Issue Settlement Check Payable to Both Insured and Health Care Provider to Avoid Risk of Having to Make a Double Payment
An appellate court in Minnesota has ruled that an insurance carrier could issue a settlement check payable to both its insured and the health care provider that treated her to avoid the risk of having to make a double payment. Read More

View All Case Law Developments

Insurance Fraud

New York City Charges 80 Retired Police Officers and Firefighters with Disability Fraud Costing Federal Taxpayers Hundreds of Millions of Dollars
Manhattan District Attorney Cyrus R. Vance, Jr., has indicted 106 people for perpetrating what he characterized as “a massive fraud” against the federal Social Security Disability Insurance Benefits program that allegedly cost the federal government hundreds of millions of dollars. Read More

Insurance Fraud

Personal Injury Attorney Admits Role in Extensive Insurance Fraud Conspiracy
A personal injury attorney from Bridgeport, Connecticut, has pleaded guilty to federal charges for participating in an extensive insurance fraud scheme that, prosecutors said, led more than 10 insurance carriers to lose a total of up to $2.5 million. Read More

View All Legislative/Regulatory Developments
Ian Bowler to Lead London Professional Indemnity Team at Endurance Read More

NSM Insurance Group Acquires American Collectors Insurance, a Collector Car Insurance Program
Read More

Marsh Launches Habitational Real Estate Property Insurance Facility
Read More

Europe Faces $2.25 Billion Economic Loss from December Windstorms, According to Impact Forecasting Catastrophe Report
Read More

Berkshire Hathaway Specialty Insurance Adds Primary Casualty Construction Capabilities
Read More

View All Industry News

Federal Insurance Requirements for Property Motor Carriers


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

View Entire December/January Insurance Coverage Law Report
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60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
[email protected]
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
[email protected]
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, 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

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 [email protected].

FC&S Legal: The Insurance Coverage Law Information Center

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