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TODAY'S TOP DEVELOPMENTS Thursday, April 7, 2016  

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.


Directors & Officers
"Securities Laws" Exclusion in D&O Policy Was Ambiguous, Illinois Appeals Court Rules in Tribune LBO Coverage Fight
An appellate court in Illinois, reversing a trial court's decision, has ruled that the "Securities Laws" exclusion in a directors and officers insurance policy was ambiguous and did not preclude coverage for lawsuits against former shareholders of the Tribune Company arising from a leveraged buyout.  Read More

Automobile Insurance
One Accident, or Two? Iowa Supreme Court, Applying "Prevailing Cause Theory," Rules That Two Collisions Were One Accident
The Iowa Supreme Court, applying the "prevailing cause theory," has ruled that, where no cause intervened between a truck—SUV collision and a motorcycle—SUV collision seconds later, there was one accident, not two.  Read More

Verdicts & Settlements
Customer Who Allegedly Tripped Over Pallet Loses Premises Liability Claim
A jury in Texas has rejected a premises liability claim brought against a store by a customer who claimed that he had been injured when he tripped over a pallet in the store.  Read More

Automobile Insurance
N.J. Appeals Court Bars Lawsuit by Uninsured Plaintiff Who Claimed to be Victim of Insurance Fraud
An appellate court in New Jersey, affirming a trial court's decision, has ruled that an uninsured plaintiff could not bring a lawsuit against the other driver involved in a car accident even if the plaintiff was uninsured because of insurance fraud.  Read More

View All Case Law Developments

Terrorism Risk Insurance

Treasury Selects ISO to Collect Data About Terrorism Insurance
ISO will collect, aggregate, and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of the federal Terrorism Risk Insurance Program.  Read More

In the States
Another 19,535 Policies Approved for Removal from Florida's Citizens Property
The Florida Office of Insurance Regulation has approved the removal of up to 19,535 additional personal residential policies from Citizens Property Insurance Corporation.  Read More

View All Legislative/Regulatory Developments
FC&S Legal Publishes "New York Rescission Law Strikes Again: Lessons Learned from the Voiding of Heinz's Product Contamination Insurance Policy"   Read More

FC&S Legal Publishes "2015 Excess and Surplus Lines Laws: Nebraska"   
Read More

Thomas Sabatino Joins Aetna as Executive Vice President and General Counsel; William J. Casazza to Retire   
Read More

Reinsurers Report 92.5 Percent Average Combined Ratio in the Decade Since Hurricane Katrina, Aon Reports   
Read More

Insurance Litigators Arron Nesbitt and Linda Knight Join Wilson Elser in Denver   
Read More

View All Industry News
Form Analysis
Hardware and Home Improvement Stores


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

View Entire Spring Insurance Coverage Law Report
View Insurance Coverage Law Report Archives
60px_newMeyerowitz Steven A. Meyerowitz, ESQ.
Director, FC&S Legal
60px_newSpears Victoria Prussen Spears, ESQ.
Associate Director, FC&S Legal
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
Cort T. Malone, Anderson Kill, P.C.
Richard 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
Thomas F. Segalla, Goldberg Segalla
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

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