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TODAY'S TOP DEVELOPMENTS Wednesday, November 26, 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.


Commercial Property
Federal Court Dismisses Insured's Action in Superstorm Sandy Case; Issues Order to Show Cause Why It Should Not Sanction Insured and/or Its Counsel for "Bringing a Meritless Claim"
A federal district court in New Jersey has dismissed an action brought by an insured alleging wind damage to its property from Superstorm Sandy - and issued an Order to Show Cause why it should not sanction the insured and/or its counsel "for bringing a meritless claim". Read More

Automobile Insurance

The Case of the Exotic Porsche
An appellate court in Florida, reversing a trial court's decision, has ruled that an expensive Porsche that was damaged while being driven by the owner of a dealership to another location for an inspection and possible servicing had been damaged during a "test drive" and the damage, therefore, was covered by the dealership's insurance policy. Read More

Homeowners Insurance
Seventh Circuit Again Refuses to Limit Continuous Trigger to Third-Party Coverage Cases and to Universally Apply Manifestation Trigger to First-Party Coverage Cases
For the second time since 2012, the U.S. Court of Appeals for the Seventh Circuit, applying Wisconsin law, has refused to limit the continuous trigger to third-party coverage cases and to universally apply the manifestation trigger to first-party coverage cases Read More

Crime and Employee Dishonesty
Insurer May Void Policy Where Embezzling Treasurer Failed to Disclose His Own Actions to Insurer
A federal district court in Virginia has ruled that an insurance company could void a commercial crime insurance policy where the insured's treasurer had completed a renewal survey without revealing that he was embezzling from the insured Read More

View All Case Law Developments

In the States

National Association of Insurance Commissioners Elects 2015 Officers
Members of the National Association of Insurance Commissioners have elected their 2015 officers at the NAIC's Fall national meeting. Read More

Employee Benefits

PBGC Annual Report Shows Severe Deterioration in Multiemployer Program
The Pension Benefit Guaranty Corporation's annual report showed that the PBGC's deficit increased to about $62 billion in fiscal year 2014, largely due to the declining condition of a few multiemployer plans. Read More

View All Legislative/Regulatory Developments
Erie Insurance Announces First-of-Its-Kind Ridesharing Coverage Read More

MetLife Completes Merger of Three Life Insurance Companies and One Former Offshore Reinsurance Subsidiary  
Read More

Former General Counsel of the Florida Office of Insurance Regulation Joins GrayRobinson to Create New Insurance Regulation Practice 
Read More

Frank Kaplan and Ken Meyers Join Blank Rome from Bingham 
Read More

Aviva and Friends Life Group May Merge to Create Giant U.K. Insurance, Savings, and Asset Management Company  Read More

View All Industry News
Drive Other Car Coverages


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

View Entire October/November Insurance Coverage Law Report
View Insurance Coverage Law Report Archives
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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