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The March 2018 Issue Is Now Available

Featured in This Issue:

Special Report: Third Quarter Catastrophes Will Define 2017
The hurricane season in the third quarter of 2017 was one of the most tumultuous seasons in recent memory. Third quarter catastrophes have profoundly impacted earnings but are unlikely to constitute a capital event for most (re)insurers. Read More...

It's the Law: Legal Precedents Impacting the Insurance Industry
Chapter 542A of the Texas Insurance Code contains a significant change to the prompt payment penalties that can be awarded in weather-related property claims against an insurer.  Read More...

In the Press:  What Our Qualified Members Are Doing
Barnwell Whaley Patterson & Helms, LLC celebrated its 80th anniversary on New Year’s Day, 2018. Henderson, Franklin, Starnes & Holt served as host law firm for the 2018 Florida Law Alliance Winter Construction Conference. Read More... 

For the Record - What Our Qualified Members Are Writing
"New Maryland Workers’ Compensation Legislation Goes Into Effect," by Julie D. Murray of Semmes, Bowen & Semmes; "Who Assumes Liability When an Uber or Lyft Driver Causes an Accident?" by Mario D. Cometti of Tully Rinckey PLLC. Read More...

The Insurance Law Digest, updated yearly by qualified law firms, presents insurance laws for each U.S. state and several Canadian provinces. This free resource puts general insurance principles in leading case decisions at your fingertips, plus offers convenient tables summarizing parts of six popular subjects.
Sign up now. You must have a Member Center account with A.M. Best to view the state law digest pages. You can also sign up to receive an e-mail alert which provides important updates made to the Law Digests for each state and province.
Legal Precedents Impacting the Insurance Industry within the Past Year:
Nevada courtesy of Thorndal, Armstrong, Delk, Balkenbush & Eisinger, P.C. of Las Vegas
Effective July 1, 2018, the minimum coverage allowed for vehicles registered in the state of Nevada is increased to $25,000 per person, $50,000 per accident, and $20,000 property damage. (Up from $15,000/$30,000/$10,000). NRS § 485.185.
Virginia courtesy of Dunlap Bennett & Ludwig PLLC of Richmond
Although Virginia Code section 8.01-66.1 also applies to uninsured motorist insurance, an insurance company does not act in bad faith by refusing to pay an uninsured motorist claim before the insured obtains a judgment against the tortfeasor. Manu v. GEICO Cas. Co., 293 Va. 371, 798 S.E.2d 598, 607 (2017)..
Texas courtesy of Thompson, Coe, Cousins & Irons, L.L.P. of Dallas
Chapter 542A of the Texas Insurance Code contains a significant change to the prompt payment penalties that can be awarded in weather-related property claims against an insurer.
The Insurance Law Podcast Series examines timely and important legal issues affecting the insurance industry, from an attorney's point of view. Past topics have included regulatory compliance, sports law, negligent security and more. Subscribe to the Insurance Law Podcast series to receive an e-mail alert of our most recently posted Insurance Law Podcast.
Posted: Wed., Feb., 28, 2018
Attorney Charles (CJ) Haddick, Jr., a shareholder of the Dickie, McCamey & Chilcote, P.C. law firm discusses recent bad faith decisions and significant insurance coverage developments.
   Defense Strategies against Expert Business Valuation Tactics
Posted: Tue., Jan., 23, 2018
CPAs Derek Royster and Matthew Curtis from RGL Forensics address valuation testimony, including the application of the Daubert standard in cases and the impact on claims.
Posted: Tue., Dec. 19, 2017
Attorneys Jan Simonsen and Tracy Scott from the law firm of Carr Maloney in Washington, D.C. discuss differences between negligent security and premises liability claims, and the legal standards that apply in these cases.

Transcripts of our podcasts are available. Please visit our Insurance Law Podcast home page to see our complete podcast series and view recent transcripts.

Best's Insurance Professionals & Claims Resource began more than 80 years ago and remains the premiere tool for locating qualified professionals skilled at handling the unique concerns of the insurance industry.
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