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TODAY'S TOP DEVELOPMENTS Thursday, February 23, 2017  

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.


Homeowners Insurance
Nebraska Supreme: Insurer May Depreciate Labor Costs When Determining "Actual Cash Value" Even When Policy Defined Neither Depreciation Nor Actual Cash Value
The Nebraska Supreme Court has ruled that an insurer, in determining the "actual cash value" of a covered loss, may depreciate the cost of labor even when the terms "actual cash value" and "depreciation" were not defined in the policy and the policy did not explicitly state that labor costs would be depreciated. Read More

Attorney's Fees
FC&S Legal's Insurance Coverage Law Quiz 7 Answers to: Attorneys' Fees
Here are the answers to FC&S Legal's most recent Insurance Coverage Law Quiz: Attorneys' Fees. The answers follow the summaries, repeated for your convenience. Our next quiz appears Thursday. Read More

Verdicts & Settlements
Jury Awards Texas Lawyer $1.2 Million in Suit Against Insurer and Claims Adjuster Company
A jury has awarded a Texas lawyer $1,720,000 in his lawsuit against his insurance carrier and the claims adjuster company that adjusted his claim for damage to his home's roof. Read More

Title Insurance
Arizona Supreme Court Addresses Effect of Full-Credit Bids on Title Insurance Policies
The Arizona Supreme Court has issued an important decision addressing the effect of a lender's full-credit bid on a title insurance policy.  Read More

View All Case Law Developments

Health Insurance

New York Regulator Says Undercover Sting Found 11 Insurers Provided Inaccurate or Misleading Information About Contraceptive Coverage
The New York State Department of Financial Services is investigating health insurer compliance with contraceptive coverage requirements under New York Insurance Law, following an undercover sting of 15 insurers. Read More

Insurance Fraud
Tulsa Man Sentenced to Life in Prison for Assaulting and Robbing Insurance Adjuster
A Tulsa man who filed a bogus insurance claim and assaulted an insurance adjuster has been sentenced to life in prison. Read More

View All Legislative/Regulatory Developments
Hanover Insurance Group Appoints John Fowle Chief Executive Officer of Chaucer Company  Read More

FC&S Legal Publishes "Keeping the Bad Faith"  
Read More

FC&S Legal Publishes "Smart Insurance Policy Contracts: Policyholder Opportunities and Risks"  
Read More

CNA Names Douglas Worman as Executive Vice President and Chief Underwriting Officer  
Read More

Ironshore International Increases Capacity to US$400 Million for Terrorism and Sabotage Programs  
Read More

View All Industry News
Impaired Property


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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, Cope Ehlers, 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
Cort T. Malone, Anderson Kill, P.C.
Richard 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
Thomas F. Segalla, Goldberg Segalla
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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