Nearly 90 women sued Washington’s Republican attorney general Thursday for joining a constitutional challenge to health care reform, saying he broke ethical rules and should be ordered to reverse course in hopes of preserving beneficial provisions of the law.
A California federal judge on Wednesday again refused to certify a class of auto owners who allege State Farm Mutual Automobile Insurance Co. and other insurers violated antitrust law by selling inferior repair parts to policyholders.
The U.S. Securities and Exchange Commission on Wednesday settled a suit in Florida against an imprisoned Mutual Benefits Corp. attorney over his part in an offering fraud that scammed investors out of more than $1 billion by misrepresenting securities backed by life insurance policies.
A Los Angeles judge on Wednesday dismissed Certain Underwriters at Lloyd’s, London from Arrow Electronics Inc.’s suit seeking insurance coverage for cleaning up groundwater contamination at a 429-acre Norco, Calif., site but declined to let Century Indemnity Co. out of the suit.
An MF Global Holdings Ltd. customer said Tuesday that allowing the collapsed brokerage's executives to access $120 million in professional liability coverage for legal defense costs would be an “improper waste,” claiming the policies cover MF Global's liability to customers for its failure to safeguard their funds.
SmithAmundsen LLC has added two new partners with expertise in real estate, product liability and insurance from Gallop Johnson & Neuman LC and Lashly & Baer PC in an effort to expand its St. Louis office, the firm said Wednesday.
The U.S. Department of the Treasury's criminal enforcement arm announced Wednesday that it has signed off on an information-sharing agreement with California's insurance commissioner — part of the agency's effort to get the insurance industry to comply with anti-money laundering regulations.
Blue Haven National Management Inc. hit Gordon & Rees LLP with an $8.2 million malpractice suit last week, saying the firm repeatedly ignored Blue Haven's interests in defending the pool company against allegations brought by an employee while representing its insurer at the same time.
Intact Financial Corp., Canada's biggest property and casualty insurer, inked a CA$530 million ($536 million) cash deal for a unit of The Westaim Corp. that provides specialty and niche insurance products for Canadian customers, Intact announced Wednesday.
Nationwide Mutual Insurance Co. on Monday once again fended off a Pennsylvania federal lawsuit brought by an insurance agents' association that claimed the insurer altered agents' contracts in an attempt to unfairly coerce them into signing away deferred compensation benefits.
Carolina Casualty Insurance Co. must pay Merge Healthcare Solutions Inc. the full amount of a $3.15 million attorneys' fees award in settled securities litigation challenging the proposed sale of the company's predecessor, an Illinois federal judge ruled Monday.
H&R Block Inc.'s suit alleging its excess insurer must cover the settlement of a false advertising suit brought by competitor Jackson Hewitt Tax Service Inc. was removed Tuesday to Missouri federal court, which will decide whether H&R Block withheld essential information from the insurer.
Downsizing British lender Lloyds Banking Group PLC denied reports Wednesday that it had received an offer from a U.K. private equity fund for its Scottish Widows life insurance and pensions business, stressing that the unit is not for sale.
GMAC Mortgage LLC was hit Monday with a putative class suit in New York alleging it received kickbacks from a hazard insurer that forced homeowners to obtain expensive policies, joining the ranks of top lenders to face such claims.
Texas Attorney General Greg Abbott on Tuesday vowed to continue to investigate State Farm Lloyds Inc.'s recent proposal to deny renewed coverage to 11,000 Gulf Coast homeowners despite the insurer's lawsuit protesting the civil subpoenas.
Targeting a worldwide web of red tape, President Barack Obama on Tuesday issued an executive order seeking to standardize international regulations, winning cheers from the business community.
The Third Circuit on Tuesday approved bankrupt auto parts maker Federal-Mogul Global Inc.'s decision to transfer some of its insurance policies to an asbestos trust, ruling that bankruptcy law trumped the policies' anti-assignment provisions.
The U.S. Securities and Exchange Commission on Tuesday sued an imprisoned Mutual Benefits Corp. attorney for his involvement in an offering fraud that bilked more than $1 billion from investors worldwide who bought life insurance policies from the terminally ill and seniors.
Humana Inc. on Monday said the U.S. Department of Justice has opened an investigation into it and its affiliates’ loans to physician practices and their coding of medical claims by one or more South Florida medical providers.
NL Industries Inc. can't make OneBeacon America Insurance Co. reimburse the manufacturer for $7 million it spent on a campaign to fend off potential lead-based paint liabilities in state legislatures and municipalities, a New York state judge ruled Tuesday.