Cincinnati Insurance Co. sued American Family Mutual Insurance Co. on Wednesday in Illinois federal court, alleging it has failed to pay for defense costs in an underlying construction defect suit against a real estate developer.
Charter Communications is closer to inking a deal to snag 1.5 million subscribers from Comcast as the cable giant looks to appease competition regulators before they review its $45.2 billion acquisition of Time Warner Cable, while Hungary’s MOL Group has snapped up more than 100 Czech gas stations from Italy’s Eni.
A New York federal judge has nixed claims that Darwin National Assurance Co. acted in bad faith by imposing a higher flood deductible for Superstorm Sandy damage to a residential construction project, according to a ruling posted Tuesday.
Securing major victories for companies like State Farm Mutual Automobile Insurance Co. and Wells Fargo Bank NA with her legal skill and winning over clients with her charm and enthusiasm, Faegre Baker Daniels partner Marie Williams has landed a spot among Law360's top four young insurance attorneys.
Two former executives at a noted New York City charity on Wednesday pled guilty to taking part in a 20-year larceny, tax-dodging and kickback scheme that took cash from inflated insurance premiums and siphoned $9 million from the Metropolitan Council on Jewish Poverty.
A New York judge on Friday refused to dismiss a suit accusing Chartis Specialty Insurance Co. of failing to cover an investment firm for losses from a $103 million loan to a Mexican hotel venture that went belly-up, saying she suspects the Mexican borrowers are shielding themselves through a sham bankruptcy proceeding.
Private equity giant 3G Capital Partners Ltd. tapped Dickstein Shapiro LLP partner Jared Zola to chase coverage for shareholder suits that challenged a blockbuster $28 billion acquisition of H.J. Heinz Co., counting on the insurance law prowess that has earned Zola a spot among Law360's top four young insurance attorneys.
A Pennsylvania federal judge on Tuesday trimmed a class action accusing Budget Rent A Car System Inc. of overcharging customers who decline loss damage waiver coverage and return the vehicle in a damaged condition, saying some of the allegations failed to state a claim.
The Sixth Circuit upheld a victory Tuesday for a class of retired union workers who sued TRW Automotive Holdings Corp. over a switch from group insurance coverage to health reimbursement accounts, ruling that the unilateral move ran afoul of collective bargaining agreements.
Concentra Health Services Inc. and QCA Health Plan Inc. have agreed to pay a total of nearly $2 million to settle claims stemming from Health Insurance Portability and Accountability Act investigations involving stolen computers, the U.S. Department of Health and Human Services announced Tuesday.
The Fifth Circuit said on Tuesday the Bituminous Casualty Corp. must cover a trucking company in litigation over an accident involving one of its vehicles, upholding The Travelers Indemnity Co.’s win in a lower court.
Pennsylvania Middle District Judge John E. Jones III talks to Law360 about the surreal aftermath of his divisive ruling against intelligent design as he prepares for yet another potentially explosive trial over Pennsylvania's same-sex marriage ban.
Two MetLife Inc. affiliates on Tuesday launched a suit against real estate company Inland American Retail Management LLC, urging a Illinois federal court to rule that its primary and excess policies afford no coverage for a sexual harassment suit brought by a former Inland executive.
The former outside counsel for Mutual Benefits Corp. will be on his own for the appeal of his 10-year sentence for his role in the company's $837 million insurance investment scam after his GrayRobinson PA attorneys dropped him, according to court papers filed Monday.
IMS Health Inc. sued Zurich American Insurance Co. in Pennsylvania court Friday for allegedly springing a lawsuit in Connecticut while the two were still negotiating coverage of a rival pharmaceutical and health care data provider’s accusations of market monopolization.
Union Central Life Insurance Co. and UBS AG on Monday said they have reached a settlement to end a dispute over junked mortgage-backed securities the Swiss bank allegedly sold to the insurer and its affiliates.
A high-stakes feud broke out last week among the National Hockey League, TIG Insurance Co. and 11 other insurers over hockey players' lawsuits concerning their long-term injuries from concussions, with insurers likely to hone in on claims that the NHL encouraged violent brawls as grounds for challenging coverage.
The Second Circuit on Tuesday affirmed a $5.1 million judgment against aviation insurer ProSight Specialty Management Co. Inc. for overbilling Japanese reinsurer Aioi Nissay Dowa Insurance Co. Ltd. following the Sept. 11 terrorist attacks and several plane crashes, finding the district court correctly interpreted the reinsurance contracts.
An Illinois federal judge on Monday found that Liberty Surplus Insurance Co. breached its duty to defend Perma-Pipe Inc. by refusing to pay for counsel of the company’s choosing in a $50 million construction and property damage dispute.
The Florida House of Representatives on Tuesday passed a bill that would prohibit property and automobile insurers from discriminating against gun owners and give gun owners the right to sue under the state's unfair trade practice law if they're denied coverage.
In the health care sector, many companies operate in gray areas of the law, where formal governmental guidance is not always available and industry practices tend to gravitate toward more aggressive interpretations. Insurance that provides coverage for losses arising from unintentional and unknown breaches of representations and warranties made in an acquisition or merger agreement can be a bridge across any concerns, say attorneys with McGuireWoods LLP.
Against the backdrop of Target Corp.’s massive data breach and the recent Heartbleed headache, the insurance industry’s imminent implementation of a series of new cybersecurity data breach exclusionary endorsements, which were issued for use with standard-form liability policies, should prompt organizations to carefully review their insurance policies for potential data breach coverage and consider purchasing cybersecurity insurance, says Roberta Anderson of K&L Gates LLP.
The State Bar of California has decided to follow New York's lead and require prospective attorneys to record 50 hours of pro bono service in order to be eligible for admission. While we applaud the intentions behind these initiatives, there are a number of reasons why state bars should limit any mandatory pro bono requirement to this context, rather than extend it to licensed attorneys as some have suggested, say attorneys with the Association of Pro Bono Counsel.
The year 2014 has already yielded several noteworthy decisions from courts examining insurance coverage for construction defect claims. Collectively, these cases have dealt with the “occurrence” requirement, contractual liability exclusion and “other insurance” clauses, all of which are sure to affect stakeholders in the construction industry, say John Husmann and Jocelyn Cornbleet of BatesCarey LLP.
There has been a dramatic change in how public relations professionals interact with the news media to promote or protect a law firm’s brand and reputation. But content is queen and has a bright future in law firm PR — it all begins with a plan that should include goals, performance indicators and a system of assessment, say Paul Webb, director of marketing at Young Conaway Stargatt & Taylor LLP, and Kathy O'Brien, senior vice president at Jaffe PR.
While it must be emphasized that a policyholder’s entitlement to coverage is dependent upon the precise language of the policy at issue and the specific facts of each case, the recognition by many courts that a subpoena is a “claim” under D&O policies opens the door for potential recovery in a variety of circumstances, says Benjamin Tievsky of Orrick Herrington & Sutcliffe LLP.
Far from being some secret Skull and Bones-like project, the American Law Institute's Principles of Liability Insurance are presently the most talked-about subject among liability insurance professionals. As for their possible significance for liability coverage issues, there wouldn’t be all this talk if there were nothing to see, says Randy Maniloff of White and Williams LLP.
Insurance should cover income loss not only when operations are completely shuttered, but also when your business is partially suspended — a distinction important to hotel owners and operators, with services more likely to operate on a reduced level after a loss. Today, some policies affirmatively state the extent of business slowdown coverage to avoid court decisions that narrowly interpret coverage extended under older policy forms, say Allen Wolff and Vianny Pichardo of Anderson Kill PC.
Jewel litigation has been filed after every major law firm bankruptcy in the past 10 years, including Lyon & Lyon, Brobeck, Coudert, Thelen, Heller and Howrey. These lawsuits have produced years of litigation, with similar suits expected in the Dewey bankruptcy. Despite the legal uncertainties surrounding such claims, hiring firms can take steps now to minimize their Jewel risk for any lateral hire, say attorneys with Arnold & Porter LLP.
While relatively few food recall claims have been litigated, there is a small body of case law that has developed in the last few years highlighting important considerations for policyholders. The cases generally hold that there is no coverage for a purely prophylactic recall, a result that has the potential to exclude a significant number of recalls from coverage — policyholders must demonstrate actual contamination or mislabeling, says Joshua Davey of McGuireWoods LLP.