September 25, 2018 | FC&S Insurance
Paramount Insurance Company Is Placed into RehabilitationOn September 13, 2018, Maryland Insurance Commissioner Al Redmer, Jr., petitioned a Maryland court for an immediate order to rehabilitate Paramount Insurance…
By FC&S Legal Director Esq. Steven A. Meyerowitz
2 minute read
September 25, 2018 | FC&S Insurance
Insurer’s Reservation of Rights in Denial Letters Permitted It to Dispute Coverage, Illinois Court SaysA federal district court in Illinois has ruled that an insurer was not precluded from relying on its policy’s “Continuous or Repeated Seepage…
By FC&S Legal Director Esq. Steven A. Meyerowitz
4 minute read
September 25, 2018 | FC&S Insurance
Insurance Policy That Covered “Dry Goods” Did Not Cover Medical Equipment, Florida Court RulesA federal district court in Florida has ruled that an insurance policy issued to a transport company was unambiguous and did not cover damage to medical…
By FC&S Legal Director Esq. Steven A. Meyerowitz
3 minute read
September 25, 2018 | FC&S Insurance
Insurer’s Failure to Reserve Its Rights Doomed Its Bid to Dispute Coverage, 2d Circuit DecidesThe U.S. Court of Appeals for the Second Circuit, affirming a district court’s decision, has ruled that an insurer that undertook the defense and…
By FC&S Legal Director Esq. Steven A. Meyerowitz
5 minute read
September 24, 2018 | FC&S Insurance
Michigan Creates Anti-Fraud Unit Within Department of Insurance and Financial ServicesMichigan’s governor, Rick Snyder, has signed an executive order forming a new division within the state’s Department of Insurance and Financial…
By FC&S Legal Director Esq. Steven A. Meyerowitz
2 minute read
September 24, 2018 | FC&S Insurance
Woman Chased Robber to Stolen Car and Was Injured. Citing “Assumption of the Risk,” Her Auto Insurer Denied Her Claim for Benefits.A federal district court in Pennsylvania has refused to dismiss a breach of contract claim against an auto insurer that contended that its insured was…
By FC&S Legal Director Esq. Steven A. Meyerowitz
4 minute read
September 24, 2018 | FC&S Insurance
Insureds Settled Claim Without Insurer’s Consent, Dooming Their Bid for Coverage, Ninth Circuit RulesThe U.S. Court of Appeals for the Ninth Circuit has affirmed a district court’s decision denying insurance coverage of a settlement reached by insureds…
By FC&S Legal Director Esq. Steven A. Meyerowitz
3 minute read
September 24, 2018 | FC&S Insurance
The End of the Road for “Mr. Social Security,” Sentenced to 15 Years in PrisonA former fugitive and social security disability lawyer has been sentenced to 15 years in prison for his role in retaliating against an informant and fleeing…
By FC&S Legal Director Esq. Steven A. Meyerowitz
5 minute read
September 24, 2018 | FC&S Insurance
10 Lawsuits Alleged Insured Unlawfully Mishandled or Sold Human Body Parts. They All Were One “Claim,” Limiting Insurance Coverage to $2 Million.A federal district court in Illinois has ruled that 10 lawsuits brought against an anatomical donation company alleging the unlawful mishandling or sale…
By FC&S Legal Director Esq. Steven A. Meyerowitz
5 minute read
September 24, 2018 | FC&S Insurance
Big Win for Wilmington Trust as Beneficiary Under $10 Million Life Insurance Policy – At Least for NowA federal district court in Florida has ruled that Lincoln Benefit Life Company (“LBL”) must pay the death benefits under a $10 million life…
By FC&S Legal Director Esq. Steven A. Meyerowitz
5 minute read