Insurance

  • May 14, 2014

    NJ Court Sheds Light On Pollution Exclusion In Spill Suit

    A New Jersey state court held Monday that under New Jersey law, a pollution exclusion in Great American E&S Insurance Co.'s policy would not apply to a $2 million oil spill claim tied to an allegedly faulty product, though the court ultimately selected insurer-friendly Canadian law on the issue.

  • May 14, 2014

    Aetna, Humana, UnitedHealth To Launch Cost-Of-Care Tool

    Aetna Inc., Humana Inc. and UnitedHealth Group Inc. on Wednesday said they will help build an online portal allowing policyholders in employer and individual plans to comparison-shop for lower-cost hospitals and clinics, adding to efforts by state and federal regulators to pressure providers into reducing prices.

  • May 14, 2014

    5 Insights From Cisco General Counsel Mark Chandler

    The current patent reform legislation is critical to restore balance in the patent system and eliminate a “shakedown” patent environment that now suppresses rather than encourages innovation in America’s technology industry, says Mark Chandler, general counsel of Cisco Systems Inc.

  • May 14, 2014

    Cozen O'Connor Nabs Former Dentons Insurance Pro

    Cozen O’Connor has beefed up its global insurance group with the addition to its Chicago office of a former Dentons partner who also has expertise in class action, environmental and bankruptcy cases, the firm announced Monday.

  • May 14, 2014

    Insurer Owes Millennium Labs Coverage For False Ad Suits

    A California federal judge on Tuesday ruled that Darwin Select Insurance Co. breached its duty to defend Millennium Laboratories Inc. in a pair of suits in which two rival companies accused Millennium of false advertising, finding Darwin owes coverage under the terms of the policy.

  • May 14, 2014

    Female Powerbrokers Q&A: Kilpatrick's Audra Dial

    Though women have a unique ability to bond and support each other, and many of their efforts may focus on building relationships with women clients, there is much to be gained from the differing perspectives that are realized by inclusiveness. It’s important for my male partners to attend women’s client events for the same reason, says Audra Dial, managing partner of Kilpatrick Townsend & Stockton LLP's Atlanta office.

  • May 13, 2014

    Terror Insurance Program Helps Only 4 Cities, Group Says

    The Consumer Federation of America on Monday urged federal lawmakers to be skeptical about calls to renew the Terrorism Risk Insurance Act, arguing that the federal terrorism reinsurance program benefits only large commercial buildings in four major U.S. cities and their insurers.

  • May 13, 2014

    Broker Says Insurer Can't Blackball Attys In Churning Case

    A securities brokerage accused of trading excessively to churn a client’s bill sued an XL Group PLC insurer in New York court Tuesday, seeking the right to control the selection of defense counsel based on the carrier’s alleged conflict of interest in the decision.

  • May 13, 2014

    The Tenacious Technocrat: Judge Francis Allegra

    U.S. Court of Federal Claims Judge Francis Allegra talks to Law360 about suing the sovereign, keeping pace with technology and his surprising journey from the seminary to the federal bench.

  • May 13, 2014

    NJ Franchise Law Doesn't Cover Insurance Agents

    A New Jersey appellate panel on Tuesday nixed breach of contract claims filed against Allstate Insurance Co. by three of its former independent agents, ruling the agents can’t pursue the insurer for terminating their contracts under the state’s franchise law because it doesn’t protect them. 

  • May 13, 2014

    US, Bond Insurers Fight Detroit Bankruptcy Plan

    Detroit was hit with an onslaught of last-minute objections to its proposed bankruptcy exit plan Monday, with challenges coming in from the federal government and a string of municipal bond insurers in the final hours before a court-imposed objection deadline.

  • May 13, 2014

    Watchdog Pressures FEMA To Watch Payments To Insurers

    The federal government expects that it will take at least two more years to finalize rules aimed at ensuring that private insurers aren't being overpaid by the Federal Emergency Management Agency for administering the National Flood Insurance Program, according to a Government Accountability Office report released Friday.

  • May 13, 2014

    Highmark Settles Overtime Suit With Former Supervisor

    A Pennsylvania federal judge on Monday approved a confidential settlement between Highmark Inc. and a former supervisor who accused the health insurer of refusing to pay overtime for various supervisory functions performed by midlevel employees in its call center units.

  • May 13, 2014

    Colony Seeks To Duck Coverage For $11M Trade Dress Suit

    Colony Insurance Co. on Monday asked a federal judge to find it has no duty to cover Electro Power Systems of Utah Inc. in $11 million litigation over its allegedly illegal reproduction of a rival’s industrial crane parts, saying the company’s policies didn’t protect against these types of claims.

  • May 13, 2014

    5 Insights From MassMutual General Counsel Mark Roellig

    MassMutual demands that our outside counsel be committed to ensuring that as a firm they represent the population of our customers at all levels. There have been times during my career when I have ended relationships with firms that did not meet our expectations in this area, says Mark Roellig, general counsel of Massachusetts Mutual Financial Group.

  • May 14, 2014

    CORRECTED: Split 8th Circ. Revives United Fire Pollution Exclusion Row

    A divided Eighth Circuit on Tuesday set aside a ruling requiring United Fire & Casualty Co. to cover a lawsuit claiming that concrete sealant a contractor used in an office injured three workers, holding that the material qualified as a "pollutant" under the pollution exclusion. Correction: An earlier headline misstated the status of the lawsuit. The error has been corrected.

  • May 13, 2014

    Ballard Spahr Adds Veteran Chancery Court Litigator

    Ballard Spahr LLP on Tuesday said that it has added a veteran Delaware litigator specializing in corporate litigation and insurance coverage defense to join the firm’s Wilmington office as a partner in its litigation, appellate, mergers and acquisitions, and private equity practice groups.

  • May 13, 2014

    Challenge To Pa. Gay Marriage Ban Headed For Decision

    The parties litigating the future of Pennsylvania's ban on same-sex marriage returned to the question of whether the statute has caused harm to the challengers before a Monday deadline for all filings, and the fight is now in the hands of a federal judge. 

  • May 13, 2014

    Axis Dodges D&O Coverage For Martin Midstream Parent

    A Texas federal judge on Monday let Axis Insurance Co. off the hook in a suit over costs stemming from a shareholder derivative suit that Martin Midstream Partners LP's parent company alleged it was owed under directors and officers policies, ruling that another insurer is liable before Axis’ policy is triggered.

  • May 13, 2014

    Solera Pays $280M For Pittsburgh Glass Works' Insurance Biz

    Solera Holdings Inc. said Monday that it is buying the insurance and services division of private equity-owned Pittsburgh Glass Works LLC for $280 million, expanding the Texas-based insurance software company's business to include automobile repair and claims management services.