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Connecticut Law Tribune

Opinion Makes Waves in Financing Industry

An eight-page opinion out of Atlantic County, New Jersey, imploring courts to carefully vet the sale of structured settlements has caught the attention of industry players nationwide, and highlighted a dearth of useful guidance for judges even 15 years after model legislation was crafted to tame a Wild West marketplace.
19 minute read

Connecticut Law Tribune

Injury Claim Settles Before Lawsuit Is Even Filed

A man hit by a car while riding a motorized scooter has settled his claim with the defendant for $1.25 million before even having to file the actual lawsuit.
5 minute read

The Legal Intelligencer

PSU's Appeal Over Sandusky Coverage May Blaze Trail in Insurance Law

The decision over Penn State's immediate appeal rights in its legal battle to secure insurance coverage for abuse by Jerry Sandusky could require that courts blaze new trails of case law.
13 minute read

Daily Report Online

Nationwide Insurance Hit With $8M Bad Faith Judgment

After a jury determined late last year that Nationwide Mutual Insurance Co. acted negligently and in bad faith in denying a claim for the death of an auto accident victim, a federal judge has ordered the insurer to pay more than $8.1 million in damages.
14 minute read

The Legal Intelligencer

Penn-Am. Ins. Co. v. Tomei, PICS Case No. 16-0689 (Pa. Super. May 24, 2016) (memorandum) Ford Elliott, J. (17 pages).

Insurer had no duty to defend and insure insured facing claims of negligence for failure to prevent/discover a noninsured third party's invasion of privacy on insured's premises. Summary judgment affirmed.
6 minute read

The Legal Intelligencer

Get Busy Living Sol. LLC v. Main Line Ins. Office Inc., PICS Case No. 16-0756 (Pa. Super. May 23, 2016) (memorandum) Dubow, J. (25 pages).

Insurer was not obligated to provide notice of cancellation or nonrenewal of insurance policy on commercial property prior to lapse of policy term, where insurer provided insured with quote for renewal that was not accepted by insured. Summary judgment affirmed.
6 minute read

The Legal Intelligencer

Justices Take Up Autism Exclusions to Insurance Coverage

The Pennsylvania Supreme Court has agreed to review whether insurers can exclude autism-related services from coverage.
9 minute read

Daily Business Review

Longtime Insurance Commissioner McCarty Reflects on His Impact

Kevin McCarty, Florida's longtime insurance commissioner who is leaving the Office of Insurance Regulation during the first week of July, oversaw the insurance industry through the unprecedented 2004 and 2005 hurricane seasons and a global recession.
12 minute read

New Jersey Law Journal

NJ Denied in Bid for Insurance Coverage for Shooting Settlement

New Jersey and the state Department of Education are not able to receive insurance coverage for their contribution to a $5 million settlement over claims stemming from the Newark schoolyard murders of 2007, the state Appellate Division has ruled.
7 minute read

New York Law Journal

Policy Exhaustion; Restoring Case to Trial Calendar

In his No-Fault Insurance Law Wrap-Up, David M. Barshay writes: If an insurer receives a bill for an earlier date of service, but does not pay it, and then receives and pays subsequent bills which exhaust the policy, is the insurer obligated to pay the earlier bill? Not surprisingly, there are several schools of thought as to whether an insurer must pay the earlier bill.
11 minute read

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