Problems viewing this email? Click Here

TODAY'S TOP DEVELOPMENTS Tuesday, February 11, 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.


Homeowners Insurance
Citibank Agrees to Pay $110 Million to Settle Force-Placed Insurance Suit
Citibank, N.A., and CitiMortgage, Inc., have agreed to settle a putative class action lawsuit over force-placed insurance. Under the settlement, members of the proposed settlement classes will be entitled to receive more than $110 million in refunds of premiums that were charged to their accounts by Citi. Read More


Internal Revenue Service May Not Impose Excise Tax on Retrocessions, Federal Court Rules
A federal district court has ruled that 26 U.S.C. §4371 did not impose an excise tax on retrocession insurance transactions. Read More

FEHBA Does Not Preempt Missouri Law Barring Subrogation of Personal Injury Claims, Missouri’s Top Court Holds
The Missouri Supreme Court has ruled that the Federal Employee Health Benefits Act did not preempt Missouri law barring subrogation of personal injury claims. Read More

Commercial Property
Tenth Circuit Rejects Insurer’s Argument that Policy’s Non-Assignment Provision Precludes Assignment of Post-Loss Claim
The U.S. Court of Appeals for the Tenth Circuit, reversing a district court decision, has ruled that a non-assignment provision in a commercial property insurance policy did not preclude assignment of a post-loss claim under the policy. Read More

View All Case Law Developments

Automobile Insurance

Defendant Intentionally Caused Dozens of Car Crashes to Defraud Insurance Companies, Jury Finds
A federal jury in Manhattan has found Maxo Jean guilty of conspiracy to commit mail, wire, and health care fraud for orchestrating and carrying out a multi-year scheme to intentionally cause more than 30 car crashes, obtain unnecessary medical treatment, and file fraudulent claims for insurance benefits. Read More

Health Insurance

Massachusetts Acts to Fix Health Care Website Problems
Massachusetts Governor Deval Patrick has taken a series of actions in an effort to “provide a clear path forward to developing a fully functioning website that will give residents easy access to the choice, benefits and expanded subsidies created by the Affordable Care Act.” Read More

View All Legislative/Regulatory Developments
FC&S Legal Publishes Nelson Levine de Luca & Hamilton’s Bad Faith Compendium: Florida  Read More

AXIS Insurance Establishes Health Care Liability Insurance Unit  
Read More

Society of Risk Management Consultants Names New Officers  
Read More

Clements Worldwide Appoints New Managing Director for London Operations  
Read More

Tower Group’s Chief Resigns; Jan R. Van Gorder and William W. Fox, Jr., Named as Successors  
Read More

View All Industry News

Bond for Embezzlement by Escrow Agency


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

View Entire February Insurance Coverage Law Report
View Insurance Coverage Law Report Archives
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

To ensure future delivery of email, please add [email protected]
to your address book, contacts or safe sender list.

You have received this email at %%merge members_.emailaddr_%%.
Click here to unsubscribe from %%merge list.descshort%%.
©2014 Summit Professional Networks, All rights reserved. Privacy Policy

5081 Olympic Blvd
Erlanger, KY 41018