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TODAY'S TOP DEVELOPMENTS Tuesday, August 27, 2013

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.


Eye on the Experts
New Jersey’s Highest Court Rules that Settlements at Mediation Must be Reduced to Writing Prior to the Close of the Mediation Session to Be Enforceable
The New Jersey Supreme Court has held that “if the parties to mediation reach an agreement to resolve their dispute, the terms of that settlement must be reduced to writing and signed by the parties before the mediation comes to a close.” Read More

Eye on the Experts

Seventh Circuit Allows Suits Against Insurance Companies for ERISA Benefit Claims
A recent decision by the U.S. Court of Appeals for the Seventh Circuit has permitted insurance companies providing benefits under fully-insured employee benefit plans to be sued under ERISA Section 502(a)(1)(B). Read More

Eye on the Experts
Clarifying Media Reports Regarding Maryland Law and Causation in Asbestos Exposure Cases
Despite suggestions to the contrary, Maryland continues to endorse substantial-factor causation as the evidentiary standard “for establishing … causation in negligence cases alleging asbestos exposure.” With this in mind, any entity defending asbestos claims in Maryland should continue to consider defenses based on the lack of substantial-factor causation. Read More

Eye on the Experts
The Challenge of Terrorist Risk Insurance Act Reauthorization
Against a backdrop of House Republican opposition, especially the desire of many conservative Republicans to enhance the private sector’s role and reduce the footprint of government-backed programs, it will be a challenge for TRIA’s proponents to craft a compromise and persuade House Financial Services Chairman Jeb Hensarling that another TRIA extension is necessary and appropriate. Read More

View All Case Law Developments

Life Insurance

Life Settlement Fraud Leads Insurance Adviser to Prison for Over Eight Years
An investment adviser has been sentenced in federal court to 100 months in prison for his role in a $7 million fraud scheme that centered on steering clients into investments in “life settlements.” Read More

Life Insurance

2 Attorneys and 2 Insurance Agents Charged in Alleged $50 Million Life Insurance Fraud
California attorneys Kasra Sadr and Brenda Barrera Merriles and insurance brokers Byron Frisch and Kristian Giordano have been charged with fraudulently causing life insurance companies to issue more than $50 million worth of policies to unqualified applicants who had no intention of paying the policy premiums. Read More

View All Legislative/Regulatory Developments
Satisfaction with Insurers’ Superstorm Sandy Responses Drops, Study Finds Read More

Insurance Industry Funds Research to Quantify the “New Normal” of Tornado, Hail, and Wind Risk in the U.S. and Canada 
Read More

The Telematics Revolution and What it Means for Drivers – and Auto Insurers 
Read More

Worker’s Comp Implications of Obesity as a Medical Disease 
Read More

Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age 
Read More

View All Industry News

MSO Homeowners MH 04


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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 ($795 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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