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TODAY'S TOP DEVELOPMENTS Thursday, July 28, 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.


Court Voids “Field of Entertainment” Exclusion Where It Excluded All Advertising Injury Coverage
A federal district court in Florida has ruled that a “Field of Entertainment” exclusion contained in an endorsement to a commercial general liability insurance policy was not enforceable where it excluded all “advertising injury” coverage and would make the policy’s advertising injury coverage illusory. Read More

Superstorm Sandy
N.Y. District Court Rejects Art Gallery’s Request to Vacate Appraisal Award in Superstorm Sandy Case
The U.S. District Court for the Southern District of New York has rejected the request by an art gallery and its owner to vacate an appraisal award in favor of their insurance company in a case stemming from losses caused by Superstorm Sandy. Read More

Verdicts & Settlements
Insurer Agrees to $2.05 Million Settlement for Woman Struck by Bus While Sitting in Stopped Vehicle
A woman in a stopped vehicle that was struck head-on by a bus has agreed to a settlement of $2,050,000 from the insurance company for the bus driver and her employer. Read More

Commercial General Liability
No Coverage for Interrelated Wrongful Acts That Began Before Policy Period, Louisiana District Court Rules
The U.S. District Court for the Eastern District of Louisiana has ruled that the insured’s allegedly wrongful acts amounted to one “interrelated” wrongful act that began with the first such act – before the policy period had begun.  Read More

View All Case Law Developments

Health Insurance

Missouri Insurance Regulators Resolve United Healthcare Dispute
The Missouri Department of Insurance has reached an agreement with United Healthcare Insurance Company, All Savers Insurance Company, and United Healthcare Life Insurance Company to resolve allegations that the insurers “unlawfully restricted member’s access” to members own medical providers by utilizing primary care physicians as “gatekeepers.” Read More

Life Insurance
New Regulatory Compliance Board Launched by Accenture for Accenture Life Insurance & Annuity Platform
Accenture has formed a new client informational board that, it said, will allow insurers using the Accenture Life Insurance and Annuity Platform to keep up-to-date and engage in informal discussion of new industry compliance requirements. Read More

View All Legislative/Regulatory Developments
Life Insurance Accounts for Largest Share of Both Voluntary Inforce and Sales, Eastbridge Reports  Read More

Allied World North America and Venture Insurance Programs Launch Sportsman Coverage  
Read More

New York Medical Liability Insurer to Join Berkshire Hathaway  
Read More

Sompo Canopius Appoints Paul Kedney Chief Commercial Officer 
Read More

XL Group Completes Redomestication to Bermuda  
Read More

View All Industry News
Other Structures Covered at ACV


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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
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

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