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July 24, 2013 | FC&S Insurance

Oral Binder May Form Basis for Policy Reformation and Retroactive Coverage, But Did Not Establish Bad Faith on Its Own, Court Rules

A federal district court in California has ruled that although an oral binder may form the basis for policy reformation and retroactive coverage, it did…
3 minute read
July 24, 2013 | FC&S Insurance

Circuit Finds Coverage for Lathe Destroyed while Waiting Transport from Terminal

The U.S. Court of Appeals for the Eighth Circuit has ruled that a commercial property insurance policy’s “newly acquired property extension”…
4 minute read
July 24, 2013 | FC&S Insurance

N.J. Governor Christie Vetoes First Responders’ Worker’s Comp Bill

New Jersey Governor Chris Christie has vetoed Senate Bill No. 1778, the “Thomas P. Canzanella Twenty First Century First Responders Protection Act,”…
2 minute read
July 24, 2013 | FC&S Insurance

Missouri Department of Insurance Names New Captive Manager: Maria Sheffield

The Missouri Department of Insurance has named Maria Sheffield as its new captive program manager. Ms. Sheffield has 17 years of insurance regulatory experience…
2 minute read
July 24, 2013 | FC&S Insurance

Reputation the Hardest Risk to Manage and Insure, ACE Research Finds

A new study from ACE Group conducted across 15 countries within its EMEA (Europe, Middle East, and Africa) region found that reputational risk was the…
2 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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July 24, 2013 | Insurance Coverage Law Center

Legislators, Regulators, and Insurance Companies

Legislative and regulatory developments affecting insurance companies and the insurance industry are explored virtually every day in the Legislative/Regulatory…
3 minute read
July 24, 2013 | FC&S Insurance

Allied World Bermuda Launches Liability Coverage for Accountable Care Organizations

Allied World Assurance Company Holdings, AG, has announced that Allied World Bermuda has launched a new accountable care organization (“ACO”)…
2 minute read
July 24, 2013 | Insurance Coverage Law Center

Understanding Vacancy Limitations on Vandalism and Theft Claims

Even in the hoped-for period of recovery from the recession, the volume of claims involving vacant or partially occupied buildings may generate more case…
19 minute read
July 24, 2013 | Insurance Coverage Law Center

Figuring Out the Insurance Exhaustion Rule in New York is Exhausting

Insurers may seize on a recent decision by the U.S. Court of Appeals for the Second Circuit to argue that they are not required to pay claims unless underlying…
8 minute read
July 24, 2013 | Insurance Coverage Law Center

Focus On: Examination under Oath as a Condition to Recovery of PIP Benefits: The Situation in Florida

The Florida Supreme Court, in response to a question of Florida law certified by the Eleventh Circuit Court of Appeals, has ruled that under Florida’s…
4 minute read

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