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TODAY'S TOP DEVELOPMENTS Monday, December 15, 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.


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

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

Homeowners Insurance
Insureds' Bankruptcy Schedules Doom Their Subsequent Insurance Claim
An appellate court in Ohio, affirming a trial court's decision, has ruled that homeowners who valued their personal property at $3,100 in their bankruptcy case were judicially estopped from claiming that the same assets were worth over $150,000 when their home was vandalized after their bankruptcy case had closed. Read More

Business Owners
Appeals Court Agrees that Employer's Business Owners' Liability Policy Was Primary to Employee's Umbrella Coverage
An appellate court in New Jersey, affirming a trial court's decision, has ruled that an employer's business owners' liability insurance policy was primary to an employee's personal umbrella policy and that the employer's insurer had to reimburse the employee's umbrella carrier for the payments it had made to settle a lawsuit brought against the insureds. Read More

View All Case Law Developments

In the States

Connecticut's Insurance Commissioner Thomas B. Leonardi to Join Evercore as Senior Advisor
Connecticut Insurance Commissioner Thomas B. Leonardi is stepping down to join Evercore, an independent investment banking advisory firm, as a senior advisor with a focus on the insurance industry. Read More

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

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

Renters and Those Who Live with Parents File More Auto Claims than Homeowners, Analysis Finds 
Read More

The Top Holidays for Vehicle Thefts Are… 
Read More

Hamilton Insurance to Acquire Lloyd's Managing Agent and Insurance Broker Read More

View All Industry News
Bad Faith and Insurer Actions


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

View Entire December 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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