Humana Inc. filed a motion for sanctions against Transatlantic LLC in Florida federal court on Tuesday in a case initially brought against the health insurer for $1 million over breach of contract claims, saying the shipping company amended its complaint with a slew of unsupported racketeering claims seeking $45 million.
Rep. George Holding, R-N.C., announced Thursday that he has introduced a bill to increase potential criminal penalties for identify theft by government officials and others tasked with aiding Affordable Care Act implementation, saying inadequate background screening and weak website security necessitated the legislation.
The Travelers Indemnity Co. recently fired off a lawsuit against Legal & General Group PLC and its affiliates in Connecticut federal court demanding that the U.K. financial services and insurance company stop using a logo the insurer says infringes the iconic Travelers umbrella mark.
Liberty Insurance Underwriters Inc. filed suit in New York federal court Tuesday claiming it is not responsible to provide coverage for claims brought against Wiss & Co. LLP and some of its current and former employees who were involved in financing a failed luxury resort in Costa Rica.
An Indiana appeals court on Thursday freed ACE American Insurance Co. from chipping in $3 million toward the settlement of a class action that property owners brought over ethanol emissions from a Seagram distillery, but allowed the plaintiffs' bad faith claim against the insurer to proceed anyway.
Liberty Mutual Insurance Co. filed a lawsuit Monday on behalf of Turner Construction Co. against a plumbing company that the insurer blames for water damage at a New Jersey medical office building that led to costly repairs and will likely cause substantial business interruption losses.
Lloyd's London was not required to defend or indemnify Lacher & Lovell-Taylor PC in a malpractice action alleging the estate law firm sapped a client out of $6 million in fees, a New York appellate court said Thursday, affirming a trial judge's order that $166,000 be returned to the insurer.
Anderson Kill PC's William G. Passannante convinced courts to focus on the actual purpose of complex insurance policies to help secure coverage for policyholders such as Alfa Laval Inc. and HLTH Corp. during the past year, earning him a place among Law360's Insurance MVPs.
Nelson Levine de Luca & Hamilton LLC has snagged a former top insurance executive from Prudential Financial Inc. for its regulatory team in New York, the firm said Wednesday.
The Texas Department of Insurance on Wednesday proposed rules subjecting individuals who provide public outreach and advice about the Affordable Care Act to criminal and financial screenings and prohibiting them from dispensing advice on specific insurance plans, the latest state to brand federal standards covering the so-called navigators inadequate.
Plaintiffs challenging Pennsylvania’s ban on same-sex marriage said Monday that a bid by Gov. Tom Corbett’s administration for an interlocutory appeal to the Third Circuit to determine whether claims in the lawsuit fell under federal jurisdiction would create needlessly delay.
Maxum Indemnity Co. told an Illinois federal judge on Tuesday that it had no duty to indemnify a $6 million fax-blast settlement, arguing the claims in the underlying class action weren't for coverage-triggering privacy violations, but rather were property damage claims.
Investment firm TDR Capital LLP on Tuesday unveiled plans to halve its Phoenix Group Holdings PLC stake in a deal that will leave it an 8 percent interest in the British insurer and a payout worth roughly £159 million ($207 million), based on current market rates.
Outside counsel for Mutual Benefits Corp. was convicted in Florida federal court Wednesday for his role in the company’s $837 million scam that prosecutors alleged sold bogus life settlement policies to investors in a multilayered, yearslong scheme.
The Second Circuit on Wednesday denied efforts by Consolidated Edison Co. to blame the destruction of a power substation on the contractors who designed 7 World Trade Center, saying the collapse could not be blamed on negligence alone given the unprecedented havoc of the 9/11 attacks.
A group of small-business owners and individuals on Tuesday urged a Washington, D.C., federal judge to block an Internal Revenue Service rule that they allege unlawfully expands insurance subsidies and related penalties under the Affordable Care Act, saying the statute clearly limits the scope of allowed subsidies.
The California Supreme Court last week rejected MBL Inc.'s challenge to a ruling that freed its insurers from paying for independent counsel to defend the chemical supplier against contamination claims, gifting insurers with several valuable holdings they will try to carry over to disputes outside of the environmental realm.
Dickstein Shapiro LLP partner James R. Murray guided Beebe Medical Center in securing $115 million from its insurers to cover the bulk of its settlement in an emotionally charged sexual abuse case, and helped lay down new precedent protecting policyholders in Washington state, earning him a spot among Law360’s Insurance MVPs.
A Texas federal judge on Tuesday denied the U.S. Securities and Exchange Commission bid to find that Life Partners Holdings Inc.’s revenue policies related to the sale of its life settlement investments violate securities laws, saying a jury should decide.
General Refractories Co. succeeded Monday in persuading a Pennsylvania federal court to stick to the “preponderance of evidence” standard of proof instead of the higher “clear and convincing” standard the defendants had sought for a factual question in an upcoming trial over an asbestos litigation coverage dispute.
In a case with broad implications for property owners near construction sites, the New York Court of Appeals has opened the door to broad first-party property damage coverage for losses emanating from nearby construction activities, says Judith Zuckerman Frantz of Wilson Elser Moskowitz Edelman & Dicker LLP.
While the questions in Bakoss v. Certain Underwriters at Lloyd’s of London were plainly important and the circuit splits were clear, the issues may well have been too vexing for the U.S. Supreme Court’s conservatives to support taking the case. It is, however, simply a matter of time before these issues will demand the court’s resolution once again, says Robert Loeb of Orrick Herrington & Sutcliffe LLP.
The International Association of Insurance Supervisors' recently revised common framework, which would govern prudential regulation of insurers more generally, potentially raises several questions and issues for insurers affiliated with banks or regulated as systematically important financial institutions, says Dan Rabinowitz of Kramer Levin Naftalis & Frankel LLP.
While the Fifth Circuit's recent decision in TMM Investments Ltd. v. Ohio Casualty Insurance Co. is certainly pro-appraisal, the development of a significant body of appraisal case law in Texas may also be viewed as a positive development for appraisal more generally, says Kristin Suga Heres of Zelle Hofmann Voelbel & Mason LLP.
A recently passed California bill on employee recovery periods, during which a worker cools down to prevent heat illness, gives the plaintiffs' bar a new toy, and messy litigation over an employer's failure to provide such periods is sure to follow. Something to monitor is how employment practices liability insurance will respond to recovery-period claims, says Joseph Balice of Ezra Brutzkus Gubner LLP.
Relying on advances in technology that increase efficiency allowed firms during the past few years to reduce the ratio of lawyers to legal assistants from as low as 1-1 to as much as a 4-1. Now is not the time to stress about negative publicity that often results from staff layoffs. Your attention to your bottom line easily translates into an appropriate concern for your clients’ bottom lines, says Allan Colman of The Closers Group.
The California Court of Appeal's recent decision in Thrifty Payless Inc. v. The Americana at Brand LLC, a dispute over a lease and insurance agreement for commercial space, reinforces the trend in California courts to favor a strong policy that claims of fraud should not be barred simply because an integration clause exists, say Andrew Howard and Brian Lauter of Robins Kaplan Miller & Ciresi LLP.
Since the Texas Supreme Court rendered its opinion in State Farm Lloyds v. Johnson in 2009, hundreds of trial and appellate court pleadings have been filed seeking guidance and clarification as to the proper scope of appraisal post-Johnson — with no apparent definitive answer in sight, as illustrated by In re Texas Windstorm Insurance Association, says Jennifer Gibbs of Zelle Hofmann Voelbel & Mason LLP.
When is it safe to rely on the research of a junior associate? You may have seen this coming, but it is almost never entirely safe. The law is simply too riddled with dangerous twists and turns that are hard to spot. And these are not traps that can be avoided with common sense. Indeed, attorneys who follow what is normally considered the sensible path of trusting in their judgment of what is reasonable are apt to be betrayed by the law, says Andrew Jarzyna of Ulmer & Berne LLP.
As a result of recent changes in the Nonadmitted and Reinsurance Reform Act, it makes sense for hospitals, health systems and companies to “bring home” their captive insurance companies and risk-retention groups, say attorneys with Drinker Biddle & Reath LLP.