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Adobe PDFCalifornia Supreme Court Allows Insurer to Sue Independent Counsel Directly for Reimbursement of Defense Costs in "Unusual" Procedural Setting
Payne Fears LLP;
Legal Alert/Article
August 13, 2015, previously published on August 2015
In a highly-anticipated decision regarding an insurer's rights against an insured's independent counsel, the California Supreme Court has ruled that an insurer may sue independent counsel for reimbursement of excessive defense costs if those costs were paid involuntarily pursuant to a trial-court...

 

HTMLLouisiana Department of Insurance Issues Hurricanes Katrina and Rita 10-Year Anniversary State of Market Report
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 11, 2015
Louisiana Insurance Commissioner Jim Donelon released a new report on Louisiana's insurance market in conjunction with the Louisiana Department of Insurance State of Insurance Markets Ten Years Post-Hurricanes Katrina and Rita Summit held at the University of New Orleans today, August 11, 2015.

 

HTMLFlorida Commission on Hurricane Loss Projection Methodology, Flood Standards Development Committee Meets Tomorrow, August 11, 2015
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 10, 2015
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) is scheduled to meet in Tallahassee tomorrow, August 11, 2015, from 9 a.m. to 4 p.m. (ET).

 

HTMLFlorida Office of Insurance Regulation Public Hearing on Citizens Property Insurance Rates Scheduled for August 25, 2015
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 11, 2015
The Florida Office of Insurance Regulation ("OIR") has scheduled an August 25, 2015 public hearing on rates filed by Citizens Property Insurance Corporation that would become effective on February 1, 2016 for new and renewal business.

 

HTMLTenth Circuit: Legal Characterization of Facts in Underlying Complaint Insufficient to Trigger the Duty to Defend
Suzanne M. Meintzer, Shawna Ruetz; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article
August 12, 2015, previously published on August 10, 2015
On July 30, 2015, the Tenth Circuit affirmed that an insurer that issued a commercial general liability policy with an auto exclusion for bodily injury arising out of the loading and unloading of an auto did not have a duty to defend. In Landmark Am. Ins. Co. v. VO Remarketing Corp., No. 14-1270...

 

HTMLTexas Windstorm Insurance Association Board of Directors Applications Due By August 15, 2015
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 11, 2015
The Texas Department of Insurance issued a reminder today, August 11, 2015, that it is accepting applications for the Texas Windstorm Insurance Association ("TWIA") Board of Directors ("Board"). The makeup of the Board was changed by the enaction of Senate Bill 900 this year.

 

HTMLSenator Jeff Brandes Requests Florida Office of Insurance Regulation Review of National Flood Insurance Program Rates, FEMA Release of NFIP Claims, Exposure Data for Private Policy Ratemaking
G. Donovan Brown; Colodny Fass, P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 12, 2015
In a letter sent today, August 12, 2015, Florida Senator Jeff Brandes (R-St. Petersburg) asked Florida Insurance Commissioner Kevin McCarty to review National Flood Insurance Program ("NFIP") rates to determine whether they are excessive, arbitrary or unfairly discriminatory.

 

HTMLMercer Presentation on Investing and Climate Change Report On NAIC 2015 Summer Meeting Agenda
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 10, 2015
A special presentation on Mercer's recently released report entitled "Investing in a Time of Climate Change" is scheduled as part of the National Association of Insurance Commissioners' ("NAIC's") upcoming Summer 2015 National Meeting in Chicago on August 15 from 8 a.m. to 9 a.m.

 

HTMLMissouri Earthquake Report Shows State's Insurance Coverage Imbalance at Critical Tipping Point
Colodny Fass P.A.;
Legal Alert/Article
August 12, 2015, previously published on August 11, 2015
The value of uninsured residential properties for earthquake damage has nearly eclipsed the value of insured properties in Missouri, insurance regulators are warning.

 

HTMLWorkers’ Compensation Legislation Advances in Illinois General Assembly
Adam Braun, Fred E. Karlinsky; Greenberg Traurig, LLP;
Legal Alert/Article
August 11, 2015, previously published on August 10, 2015
As the Illinois General Assembly enters its third month of overtime session without a state budget for the fiscal year that started July 1, efforts to amend the workers’ compensation laws in Illinois remain at the forefront of the legislative agenda.

 


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