TIG Insurance Co. wants a federal judge to declare that it no longer needs to defend or indemnify Gull Oil Co. for pollution-related claims in Washington and Oregon, saying the limits of its insurance policies have been reached.
Twenty-one Republican governors on Monday requested changes to the rules regarding state-run health insurance exchanges and warned that they would leave the task of setting up exchanges to the federal government if the alterations are not made.
A New York judge said Monday that new evidence brought by OneBeacon America Insurance Co. about a Newmont Mining Co. subsidiary's actual nerve center was significant, throwing his earlier ruling on a $16 million environmental cleanup insurance claim into doubt.
JPMorgan Chase Bank NA will reportedly demand $400 million in reimbursement from Jefferson County, Ala., should the bank lose a suit filed by a company that insured municipal bonds for a bankrupt sewer system connected to a swap agreement bribery scandal.
Consolidated Fiberglass Products Co. has lost its bid for class certification in a lawsuit accusing Gemini Insurance Co. of demanding deductibles to which it was not entitled.
The former controller of insurance brokerage Smith Gatta Gelok pled guilty Monday to attempting to conceal a $20 million fraudulent loan scheme carried out by recently imprisoned former partner Gavin Gatta.
Berkshire Hathaway Inc. announced on Monday that it has committed to a $548 million deal to acquire the 20 percent of Wesco Financial Corp. that it does not already own.
Zurich American Insurance Co. and the official committee of unsecured creditors in Orleans Homebuilders Inc.'s Chapter 11 have resolved their dispute over all but one of the insurer's 60 unsecured claims related to its issuance of surety bonds.
Allstate Insurance Co. is seeking to force West American Insurance Co. to contribute to a $7.4 million settlement of a construction defect suit, while West American claims that an endorsement in its policy precludes coverage.
The Seventh Circuit has rejected Admiral Insurance Co.’s bid for a rehearing, standing by a January decision that revived R.C. Wegman Construction Co.'s suit alleging the insurer failed to notify it of coverage shortfalls in an underlying worker injury action.
A federal judge in Mississippi has tossed a putative class action challenging the constitutionality of the federal health care law for now, but said he would allow the plaintiffs to amend their claims.
A California judge has granted a former Farmers Insurance Co. customer the right to challenge portions of a $545 million settlement in a class action against the insurer asserting the company made policyholders overpay for a management fee.
A Florida real estate developer has asked the Eleventh Circuit to review a ruling that Mt. Hawley Insurance Co. had no duty to indemnify the developer for a $19 million settlement with homeowners who alleged their property suffered pollution damage.
Lloyd's of London has accused Teck Metals Ltd. of improperly refusing to turn over documents regarding prior environmental cases in a coverage suit over the alleged contamination of a lake in Washington state.
Insurer Health Net Inc. has fired the latest salvo against Solvay Pharmaceuticals Inc., filing a putative class action over the company's alleged anti-competitive scheme to block generic versions of the company's hormone drug AndroGel from entering the market.
A California appeals court has upheld a lower court’s ruling against a class of more than 1,000 claims adjusters who accused Cambridge Integrated Services Corp. and Aon Corp. of misclassifying them as exempt from overtime pay.
A federal judge has tossed Auto-Owners Insurance Co.'s suit seeking to reclaim $2.2 million it paid to Lexington Insurance Co. and Allied World Assurance Co. Inc. to cover fire damage caused by a subcontractor at a Florida hotel.
Life Partners Holdings Inc. is facing a putative shareholder class action alleging the life settlement company used unrealistic life expectancy data to sell securities to investors, which led to steep stock losses when the misleading information came to light.
A federal judge's decision that could add $37.5 million to a settlement between WTC Captive Insurance Co. and 9/11 responders suffering from respiratory ailments has sparked a heated dispute between plaintiffs' attorneys and the city.
UnitedHealth Group Inc. is seeking to send its case against GlaxoSmithKline LLC over the cost of treating injuries allegedly caused by Avandia and Paxil back to state court, arguing GSK prematurely removed the putative class action to federal court.