Hotels, restaurateurs and other members of the hospitality industry are facing an unusually robust climate of regulatory reform this year — and key changes are likely to hit businesses on a range of issues from pay and benefits to food safety. Here, attorneys share with Law360 the most likely regulatory shakeups companies should start thinking about now.
Carolina Casualty Insurance Co. has agreed to cough up $12.5 million to Omeros Corp. to settle a coverage dispute arising from False Claims Act litigation brought by the biopharmaceutical company’s former chief financial officer, Omeros said Thursday.
New Jersey asked its appellate court on Monday to hear arguments on the constitutionality of the state’s civil union law, initiating one part of Gov. Chris Christie’s multipronged strategy to derail an order compelling New Jersey to effectuate same-sex marriages within weeks.
Axis Insurance Co. sued Wednesday in Maryland federal court to block the chairman of defunct casino and racetrack operator Indianapolis Downs LLC from accessing coverage for a $600 million contract and defamation suit from its onetime management company.
The Federal Emergency Management Agency on Tuesday instructed insurers to allow Superstorm Sandy victims another six months to put together paperwork necessary to receive flood coverage, providing an unusually long 18-month extension for claims from the catastrophic storm, attorneys say.
A Florida judge under investigation by the state's Judicial Qualifications Commission over her involvement as an attorney in a $14.5 million settlement with an insurer is also fighting a lawsuit by her former co-counsel who claim they were cut out of the secret deal.
California Gov. Jerry Brown signed a series of bills on Tuesday that bolster the state's Affordable Care Act implementation, ranging from extending health care tax benefits to same-sex couples to nixing secrecy provisions for insurers.
Federal regulators confirmed Friday that same-sex spouses will be treated just like opposite-sex spouses when seeking tax credits on Affordable Care Act health insurance exchanges, but said states will not be forced to recognize gay couples for purposes of Medicaid expansion.
A New Jersey federal judge last week kept alive a Superstorm Sandy victim's claim that an insurance broker misrepresented the level of flood coverage available to the homeowner, refusing to hold that the claim was preempted by the National Flood Insurance Act.
A Louisiana appeals court on Wednesday found that Admiral Insurance Co., Steadfast Insurance Co. and Ace American Insurance do not owe a duty to defend Oracle Oil LLC in pollution litigation, reversing a lower court’s opinion.
A Texas federal court on Friday freed Axis Surplus Insurance Co. from defending a mortgage broker against a nearly $5 million lawsuit over misappropriated investments, finding that the underlying claim stemmed from services that were not insured by a professional liability policy.
A county official in suburban Philadelphia urged the Pennsylvania Supreme Court on Tuesday to hear an appeal of a recent decision ordering him to stop issuing marriage licenses to same-sex couples in defiance of state law, arguing that a lower court did not have jurisdiction over the matter.
Stanford Financial Group investors from Mexico and Venezuela hit Willis Group Holdings Ltd. with a proposed class action in Texas federal court Tuesday accusing the insurance broker of helping Robert Allen Stanford's $7 billion Ponzi scheme by touting the company when it was illegally selling unregistered securities.
State Farm General Insurance Co. incurred no duty to defend a California residential community association until two ousted board members explicitly sought compensation for its alleged dereliction of parking enforcement, a state appeals court ruled Tuesday, saying coverage wasn't triggered by the mere potential for damages.
Responding to the long-running battle between insurer Highmark Inc. and the University of Pittsburgh Medical Center over Western Pennsylvania’s health care marketplace, a bipartisan pair of state legislators introduced on Wednesday legislation aimed at protecting patient access and choice.
A group of investment funds that objected to a $725 million class action settlement with American International Group Inc. over an alleged market division scheme hit the company with a new, $60 million suit over the same claims Monday.
Increasing economic cooperation between the U.S. and India was a focus of last week's meeting between the countries' leaders, but experts say that Indian regulations, such as those requiring insurers and other businesses to have majority Indian ownership, along with lagging intellectual property protections, remain obstacles to a formal investment agreement.
The U.S. Supreme Court's decision Tuesday to review whether district court decisions ordering sanctions against filers of "objectively baseless" patent suits are entitled to deference on appeal could give accused infringers a powerful tool to use against so-called patent trolls, attorneys say.
A Florida orthodontist accused President Barack Obama and his administration of violating the Administrative Procedure Act when the government delayed the so-called employer mandate portion of the Affordable Care Act, according to a suit filed in federal court Tuesday.
A Florida federal judge overseeing a $300 million settlement between a class of homeowners and JPMorgan Chase Bank NA and Assurant Inc. over their force-placed insurance business refused Tuesday to allow plaintiffs in a rival California case to intervene in the case.