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TODAY'S TOP DEVELOPMENTS Friday, March 21, 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.


Superstorm Sandy
Insurers' Filing Sets Forth Roadmap to Their Likely Defenses
Liaison counsel for insurance companies in the over 800 Superstorm Sandy insurance coverage-related cases pending in the U.S. District Court for the Eastern District of New York has filed a list of commonly occurring legal issues and defenses that the insurers anticipate may arise in the Sandy cases, along with relevant case law or other authority addressing these issues. The document essentially is a roadmap to the insurers' defenses in these suits. Read More

Insurance Bond

"In Transit" Clause Covered Theft While Plaintiffs' Cash Was Being Processed at Vault, New York Appeals Court Decides
An intermediate appellate court in New York, reversing a trial court's decision, has ruled that insureds were entitled to coverage under the "In Transit" clause of an insurance bond for losses they sustained while their cash was being processed at a vault in between the Federal Reserve Bank, where it was picked up, and the insureds' check-cashing businesses and ATMs, where it was to be delivered. Read More

Judge Posner Dismisses "Frivolous" Appeal of Contempt Order in Subrogation Case and Orders District Court to Consider Whether Lawyer and Client Should Be Jailed
Judge Richard Posner of the U.S. Court of Appeals for the Seventh Circuit has written the opinion for a panel of three judges dismissing a "frivolous" appeal by a lawyer and his client from a district court order holding them in contempt in a subrogation case. Read More

Homeowners Insurance
Insured's Statements in Bankruptcy about Value of His Assets Doom His Subsequent Insurance Claim for Stolen Property
A federal district court in Michigan has ruled that a homeowners insurance policy was void where the insured sought coverage for property allegedly stolen from him that he had not said he owned several years earlier when he had entered bankruptcy. Read More

View All Case Law Developments

Homeowners Insurance

Florida Senate Committee Passes Legislation Creating Homeowner Claims Bill of Rights
The Florida Senate Appropriations Committee has passed Senate Bill 708, which would create a "Homeowner Claims Bill of Rights" that insurers would be required to provide to a policyholder who files a claim. Read More


Massachusetts House Passes Bill Limiting Lenders' Flood Insurance Requirements
By a vote of 152-0, the Massachusetts House of Representatives has passed a bill that would limit the ability of lenders to require homeowners to purchase or pay for flood insurance. Read More

View All Legislative/Regulatory Developments
Edwards Wildman Palmer Attorneys E. Paul Kanefsky and Nicholas A. Secara Advocate for Strategic Intervention in Insurance Coverage Disputes  Read More

Lorelie S. Masters Joins Perkins Coie as Insurance Coverage Partner in Washington, D.C.  
Read More

Mystery Billionaire Takes Out Historic $201 Million Life Insurance Policy, Guinness World Records Reports 
Read More

Greater New York Insurance Companies to Mark 100th Anniversary in 2014 
Read More

Kate Norris To Join Fireman's Fund Insurance Company's High Net Worth Team 
Read More

View All Industry News

Q & A
Civil Authority and Business Income Coverage


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

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