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TODAY'S TOP DEVELOPMENTS Tuesday, May 27, 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
Late Payment Reinstates Policy Prospectively Only, Connecticut Appeals Court Rules in Case of First Impression
In a case of first impression for Connecticut appellate courts, an appellate court in that state has ruled that when an insurance policy has been cancelled due to nonpayment of premiums, and the insured seeks to reinstate that policy, the insurer is within its rights to reinstate coverage effective only for losses going forward. Read More


Criminal Defendant Not Entitled to Reduction in Restitution Award Based on Victim's Insurance Recovery, Montana Supreme Court Rules
The Montana Supreme Court has ruled that a criminal defendant was not entitled to have the amount of restitution he had to pay to his victim reduced by the amount of insurance the victim had received to pay for his injuries. Read More

Superstorm Sandy: Sullivan & Cromwell Sues 4 Insurers, Seeking Over $25 Million in Damages
The owners of 125 Broad Street in Manhattan are suing four insurance carriers in a New York state court for more than $25 million in Superstorm Sandy damages, asserting that the insurers failed to pay for the "vast majority of the losses covered" by their policies. Read More

Automobile Insurance
Insurer's Offer of Judgment Did Not Act as Admission of Issues Underlying Claim, Oregon Appeals Court Decides
An appellate court in Oregon, reversing a trial court's decision, has ruled that an insurer's offer of judgment did not amount to an admission by the insurer of issues underlying the insured's claim. Read More

View All Case Law Developments

In the States

$2.3 Million in Refund Checks Sent to Maryland Consumers
Thousands of Maryland consumers have received refund checks in their mailboxes from LSI Title Agency Inc., a Pennsylvania title company. The Maryland Insurance Administration previously ordered LSI to pay consumers who were overcharged during real estate settlements. Read More

Automobile Insurance

Colorado Poised to Become the First State to Legislate Rules for Ridesharing Services
Colorado Governor John Hickenlooper is expected to sign legislation regulating ridesharing services such as uberX and Lyft. Read More

View All Legislative/Regulatory Developments
Insurance CEOs Confirm Geneva Association Climate Risk Statement Read More

Randall C. Horn to Retire from Colonial Life; Timothy G. Arnold to Become President 
Read More

PIAA Selects Gloria H. Everett as Chair of Board of Directors, Re-Elects Directors, and Appoints Officers  
Read More

Coverys to Acquire Preferred Professional Insurance Company 
Read More

Staged Accident Videos Released by NICB Read More

View All Industry News
Form Analysis
Apartment Building Owners


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

View Entire June Insurance Coverage Law Report
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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
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, Rivkin Radler 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

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