Problems viewing this email? Click Here

TODAY'S TOP DEVELOPMENTS Tuesday, March 4, 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.


Life Insurance
Estate of Shareholder of Dissolved Corporation Found Entitled to Proceeds of Life Insurance Policy on Former Employee
An intermediate appellate court in Illinois, affirming a trial court's decision, has ruled that the estate of a shareholder of a dissolved corporation was entitled to the proceeds of a life insurance policy the corporation had taken out on the life of a former employee. Read More

Automobile Insurance

Trial Court Need Not Instruct Jury on Nature of UM Coverage Where Coverage Is Not Before the Jury, Even If Insurer Is a Party, Maryland's Highest Court Rules
The Court of Appeals of Maryland, the state's highest court, has ruled that it was not reversible error for a trial court to reject a jury instruction on the nature of underinsured motorist coverage when an insurer was a party to the lawsuit, but the issue of coverage was not before the jury. Read More

Commercial General Liability
Cheerleader Injured in Gymnastics Class Entitled to Coverage under Insurance Policy's "Practice Session" Provision, Eighth Circuit Affirms
The U.S. Court of Appeals for the Eighth Circuit, affirming a district court's decision, has ruled that a student cheerleader who was injured during a university gymnastics class was entitled to coverage for his injuries under an insurance policy that covered student cheerleaders who were injured during cheerleading practice sessions. Read More

Financial Guaranty Insurance
Insurers' Claims Against Bank in RMBS Case Are Reinstated on Appeal
An intermediate appellate court in New York has reversed a trial court's decision and has reinstated numerous claims against a bank brought by insurers that had issued financial guaranty insurance policies in connection with six transactions for the sale of residential mortgage-backed securities. Read More

View All Case Law Developments

Health Insurance

New York Bill Would Mandate Insurance Coverage for Treatment of Drug and Alcohol Abuse and Dependency
A bill pending in the New York State Senate would mandate insurance coverage for the treatment of drug and alcohol abuse and dependency. Read More


India's Insurance Industry Could See Additional Foreign Investment if Opposition Party Takes Power
Arun Jaitley, the leader of India's opposition Bharatiya Janata Party ("BJP") in the country's upper house of parliament, has told CNN-IBN that the BJP would consider permitting additional foreign investment in the country's insurance industry if it takes power in the upcoming election. Read More

View All Legislative/Regulatory Developments
Warren E. Buffett Praises Ajit Jain – His Heir Apparent? – in Annual Letter to Shareholders Read More

Liberty International Underwriters to Provide Network Activity Monitoring through BitSight Technologies for its Data Insure Policyholders  
Read More

XL Group Promotes Joseph Tocco to Head North America Property and Casualty; Ken Riegler to Take on Broader Responsibilities
Read More

Keith Mitchell Named President of Union Standard Insurance Group  
Read More

FC&S Legal Publishes Nelson Levine de Luca & Hamilton's Bad Faith Compendium: Massachusetts  
Read More

View All Industry News

Aircraft or Vehicles as Cause of Loss


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

View Entire March 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