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TODAY'S TOP DEVELOPMENTS Thursday, October 29, 2015

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.


Alternative Risk and Captives
"Contract for Management of Funds" with Insurer Was Not Insurance, Puerto Rico District Court Decides
A federal district court in Puerto Rico has ruled that an agreement between an insurance company and San Juan was not insurance but, rather, a self-insurance program funded by San Juan and administered by the insurer. Read More

Nuclear Power
$400 Million Insurance Settlement for San Onofre Nuclear Plant Outages
The owners of the San Onofre nuclear plant in Pendleton, California, have reached a $400 million settlement with Nuclear Electric Insurance Limited for the San Onofre outages allegedly caused by the failures of replacement steam generators. Read More

Verdicts & Settlements
$0 Verdict in Mesothelioma Case
A jury has rejected a plaintiff's claims that he developed mesothelioma from exposure to asbestos during his employment at several oil refineries. Read More

Homeowners Insurance
Florida Appeals Court Upholds Attorneys' Fee Award to Insureds Despite Jury Finding They Made "False Statements" When Reporting Their Loss
An appellate court in Florida has rejected an insurance company's public policy arguments and upheld a trial court's award of attorneys' fees and costs to the insureds despite a jury decision that they had intentionally concealed or misrepresented a material fact or had made a false statement when reporting their loss. Read More

View All Case Law Developments

In the States

Regulators Approve Kingstone to Write P & C Insurance in Connecticut
The Connecticut Insurance Department has approved Kingstone Insurance Company, a subsidiary of Kingstone Companies, Inc., to write property and casualty insurance in Connecticut. Read More

Eye on the Experts
2015 Excess and Surplus Lines Laws: Hawaii
This Eye on the Experts article is taken from the 2015 Excess and Surplus Lines Laws in the United States Manual, which reflects all of the pertinent changes in the surplus lines laws and regulations of the 50 states and U.S. territories during the past year including a special section on the Non-Admitted and Reinsurance Reform Act ("NRRA") and the steps surplus lines carriers and brokers should be taking now to ensure compliance with this groundbreaking legislation. This section of the Excess and Surplus Lines Laws Manual sets forth a summary of the surplus lines eligibility and filing requirements for Hawaii. Read More

View All Legislative/Regulatory Developments
W. R. Berkley Names Michael Ekiss President of Berkley Agribusiness Risk Specialists  Read More

PCI Elects New Officers to Board of Governors at Annual Meeting  
Read More

Freddie Mac Continues to Reduce Credit Risk with Largest ACIS Insurance Policy to Date  
Read More

William E. Donnell Is New President and CEO of NCCI  
Read More

Zelle International Launches "Rest of World" Insurance Practice Group  
Read More

View All Industry News
Vehicle Coverage under CGL Form


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

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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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