Insurance

  • August 22, 2012

    Godwin Ronquillo Adds Trial Veteran To Commercial Group

    Godwin Ronquillo PC has bolstered its Houston-based commercial litigation practice group by adding a former Shannon Gracey Ratliff & Miller LLP partner, it said Wednesday.

  • August 22, 2012

    MetLife Accused Of Sending Unsolicited Junk Faxes

    Metropolitan Life Insurance Co. was hit with a putative class action in South Carolina federal court Tuesday accusing the insurance giant of sending unsolicited fax advertisements to many recipients in violation of the Junk Fax Prevention Act.

  • August 22, 2012

    HCC Claims No Duty To Cover Oreck In False Ad MDL

    HCC Insurance Holdings Inc. on Monday asked a Tennessee federal judge to dismiss Oreck Corp.’s lawsuit demanding that HCC cover the vacuum cleaner maker in multidistrict litigation alleging it misled consumers into purchasing products that did not perform as advertised.

  • August 21, 2012

    Insurers Avoid Coverage For $96M FALC Defamation Suit

    A New York federal judge on Tuesday let four insurers off the hook in two suits seeking coverage for a defamation action that sought $96 million in damages against First Advantage Litigation Consulting LLC, finding that none of them had a duty to defend or indemnify FALC.

  • August 21, 2012

    Factory Mutual Must Cover Oil Leak-Related Plant Shutdown

    A Missouri federal judge told Factory Mutual Insurance Co. Tuesday to cover the massive business losses that roofing materials manufacturer Tamko Building Products Inc. suffered during a month-long plant shutdown stemming from an off-site oil pipeline leak.

  • August 21, 2012

    PMI Sues Ariz. Regulator To Shield $1.3B In Tax Assets

    Defunct mortgage insurer PMI Group Inc. sued an Arizona insurance regulator on Monday in Delaware bankruptcy court to preserve its control over $1.3 billion in tax assets that it wants to use to pay back creditors.

  • August 21, 2012

    Wells, Prudential Caused Bankruptcy Over $150M Loan: Suit

    Wells Fargo Bank NA and Prudential Insurance Co. of America are accused of orchestrating an elaborate plot to get repayment on a $150 million loan by pushing Texas-based mechanical contractor Conex International LLC, which services the refining and petrochemical industries, into involuntary bankruptcy, according to a case removed to federal court Friday.

  • August 21, 2012

    Countrywide, Triad Reach Deal In $111M Insurance Suit

    Countrywide Home Loans Inc. has reached a settlement in its $111 million lawsuit accusing Triad Guaranty Insurance Corp. of wrongfully rescinding insurance coverage on thousands of home loans, Triad's attorney told a California judge Tuesday, saying the deal is awaiting government approval.

  • August 21, 2012

    State Farm Off Hook For Injury Suits Against Pharmacy

    A Mississippi federal judge ruled Monday that State Farm Fire and Casualty Co. had no duty to defend a pharmacy and its employees against claims that they liberally doled out addictive drugs, causing injuries and in some cases deaths.

  • August 21, 2012

    AXA Appeals Paul Weiss Docs Ruling In $1.5B ING Suit

    AXA SA on Monday appealed a judge's determination that communications between ING Groep NV and its attorneys at Paul Weiss Rifkind Wharton & Garrison LLP might be privileged in a $1.5 billion stock purchase agreement dispute.

  • August 21, 2012

    2 Insurance Industry Groups Dodge $60M Fraud Suit

    A New York federal judge on Monday dismissed a $60 million lawsuit by a Texas insurer alleging two insurance industry groups fraudulently delayed a payout from the estate of a liquidated insurance company.

  • August 21, 2012

    Insurance Disputes Remain Separate In Pastor Sex Abuse Case

    An Arkansas federal judge on Monday declined to consolidate a quartet of declaratory judgment actions in which four insurers are seeking to avoid paying for sexual molestation, physical abuse and corpse desecration suits against convicted pastor Tony Alamo.

  • August 21, 2012

    Pa. Supreme Court Keeps Title Insurance Class Action Alive

    The Pennsylvania Supreme Court kept alive a putative class action against Conestoga Title Insurance Co. over inflated rates Monday, affirming part of a Superior Court decision that found the existence of administrative remedies did not prevent the plaintiff from seeking additional relief.

  • August 21, 2012

    Pollution Clause Exempts Carbon Monoxide Poisoning: 11th Circ.

    Departing from its earlier ruling, the Eleventh Circuit held Monday that a lower court correctly found that a pollution exclusion in Scottsdale Insurance Co.'s commercial general liability policy barred coverage of a wrongful death suit arising from carbon monoxide poisoning.

  • August 21, 2012

    Pfizer Tells 1st Circ. Neurontin MDL Shows No Proof Of Harm

    Pfizer Inc. on Friday urged the First Circuit to uphold the dismissal of Blue Cross Blue Shield of Louisiana, several health plans and other third-party payors from multidistrict litigation over alleged off-label marketing of epilepsy drug Neurontin, saying the payors couldn’t prove any direct injury from Pfizer’s actions.

  • August 21, 2012

    State Regulations Provide Antitrust Immunity, Blue Cross Says

    Blue Cross Blue Shield of Tennessee Inc. asked a federal judge to throw out a putative antitrust class action on Monday, claiming the insurance provider is immune to federal and state antitrust laws since state regulators approved the allegedly inflated premiums.

  • August 20, 2012

    Texas Can't Bring Receiver Into Life Partners Fraud Case

    A Texas judge on Monday refused to grant the Texas attorney general's request to appoint a receiver for Life Partners Holdings Inc. in the state's suit accusing the insurer of selling fraudulent, unregistered securities.

  • August 20, 2012

    Pump Co.'s Insurers Sanctioned For 'Disruptive Tactics'

    An exasperated Delaware state judge on Friday sanctioned excess insurers in a long-running legal battle with Warren Pumps LLC over coverage of asbestos claims, declaring they had ignored the court's warning about "excessive and abusive discovery tactics."

  • August 20, 2012

    States Draw More Captive Insurers, But Face Learning Curve

    More companies are choosing the U.S. over offshore locations like Bermuda as the home base for their captive insurers, signaling that states' efforts to facilitate self-insurance arrangements are paying off, though many are still playing catch-up in learning how to regulate captives, experts say.

  • August 20, 2012

    Countrywide Can't Shake MassMutual's MBS Claims In MDL

    A California federal judge refused to toss most claims against Countrywide Financial Corp. on Friday in a suit brought by Massachusetts Mutual Life Insurance as part of multidistrict litigation over allegedly faulty mortgage-backed securities certificates, while letting the lender's parent Bank of America Corp. off the hook.