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TODAY'S TOP DEVELOPMENTS Tuesday, September 20, 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.


Commercial Property
Company That Suffered "Direct, Pecuniary Loss" from Destruction of Property It Did Not Own Nevertheless Had Insurable Interest in That Property, Michigan Appeals Court Finds
An appellate court in Michigan, reversing a trial court's decision, has ruled that an insured could have an insurable interest in property even if it did not have a legal interest in it and even if it was not financially responsible for damages to it because an insured's pecuniary interest in insured property was sufficient to constitute an insurable interest. Read More

Commercial General Liability
N.Y. Appeals Court Rules That Policy's Additional Insured Clause Covered Only Those With Written Contract "Directly With" Named Insured
An appellate court in New York, reversing a trial court's decision, has ruled that an additional insured clause in a commercial general liability insurance policy issued to a contractor on a construction project covered only those that had a written contract "directly with" the contractor. Because the project's construction manager did not have a contract directly with the contractor, it was not an additional insured under the policy obtained by the contractor. Read More

Commercial Auto
What's in a Name? Where Policy Identified Insured as an Individual, But Other Documents Indicated Insured Was a Corporation, the Answer Is: Everything
An appellate court in Texas, affirming a trial court's decision, has ruled that an insurance company was not liable for a claim against a company where its insured under a business auto policy was an individual doing business as the company rather than the company itself. Read More

Claims Resolution
A FINRA Arbitration Panel Awarded Investors $3.2 Million. An AAA Arbitration Panel Found No Insurance Coverage
An appellate court in Texas, citing the absence of an arbitration transcript, has affirmed a trial court's decision confirming an arbitration panel's ruling that an insurance policy issued to a financial services company did not cover an underlying multi-million dollar judgment. Read More

View All Case Law Developments

In the States

North Carolina Insurance Department Imposes Record Fine
Blue Cross Blue Shield of North Carolina has been fined $3.6 million by the North Carolina Department of Insurance. Read More

In the States
District of Columbia's Insurance Department Is Seeking a Director of Fraud
The District of Columbia is seeking a "Director of Fraud" to work with the Commissioner of Insurance & Securities Regulations in auditing allegations of fraud and in the development and implementation of programs to prevent fraud and abuse. Read More

View All Legislative/Regulatory Developments
FC&S Legal Publishes "Insurance Regulators Propose New Guidelines for Reviewing Acquisitions"  Read More

WestRock Signs $2.5 Billion Pension Risk Transfer Agreement with Prudential  
Read More

Beazley Launches New Products for Construction Industry  
Read More

Allianz Expands Global Environmental Impairment Liability Team  
Read More

United Fire Group Enters Kentucky Insurance Market  
Read More

View All Industry News
Estranged Husband as a Resident Spouse


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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, Cope Ehlers, 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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