Insurance

  • December 17, 2013

    Court Exempts Catholic Groups From Contraception Mandate

    A group of New York Catholic high schools and health care providers don’t have to provide their employees with insurance coverage for contraception under the Affordable Care Act because the law violates their religious freedom, a New York federal judge said Friday.

  • December 17, 2013

    Deals Rumor Mill: Time Warner, Comcast, Omnicom

    Time Warner remains at the center of merger chatter as details emerge about deal plans mapped out by suitors Comcast and Charter Communications, while a $35 billion tie-up between two of the world's biggest ad agencies is poised to win European antitrust approval.

  • December 17, 2013

    7th Circ. Frees Liberty From Covering Four Loko Injury Suits

    The Seventh Circuit on Monday excused Liberty Mutual Insurance Co. units from defending the maker of Four Loko against a quartet of suits blaming the caffeinated alcoholic beverage for injury and death, affirming that a liquor liability exclusion applies.

  • December 17, 2013

    Gay Couples Can Change Health Benefits, Treasury Says

    The Internal Revenue Service will let same-sex married couples change their pretax elections to comply with the U.S. Supreme Court’s striking down of the Defense of Marriage Act, the U.S. Department of the Treasury said Monday.

  • December 16, 2013

    4th Circ. Backs Ace Win In $26M Construction Coverage Row

    The Fourth Circuit affirmed the granting of summary judgment for Ace American Insurance Co. in a $26 million insurance battle, holding Monday that the plaintiff violated its policies by not obtaining consent before settling an underlying dispute over damage caused during a hotel construction.

  • December 16, 2013

    ACA Navigators Lacked Training, House Report Says

    A House panel reported Monday that the Affordable Care Act’s so-called navigators — people with federal government grants to assist with public outreach and health coverage signups — were not prepared to handle the HealthCare.gov website’s troubles or adequately trained in handling consumer queries. 

  • December 16, 2013

    Ill. Court Upholds Insurer's Win Over $7M Junk Fax Settlement

    An Illinois appeals court on Friday upheld Cincinnati Insurance Co.'s win in a coverage fight with Windmill Nursing Pavilion Ltd. over a $7 million settlement of a junk fax class-action settlement, finding the insurer gave proper notice of an Telephone Consumer Protection Act exclusion.

  • December 16, 2013

    Exclude Volunteer Firefighters From ACA Mandate, Sens. Urge

    A group of senators on Monday wrote the U.S. Department of the Treasury and the U.S. Department of Labor, asking that volunteer first responders not count toward the Affordable Care Act’s coverage mandate for businesses with more than 50 employees.

  • December 16, 2013

    Refinery Must Arbitrate $21M Lost Biz Coverage Suit

    A federal judge on Thursday tossed most of United Refining Co.’s lawsuit seeking coverage from a group of insurers for $20.5 million in lost business stemming from a crude oil pipeline rupture and ruled the remaining claims must be  decided in arbitration.

  • December 16, 2013

    Watchdog Seeks Input On Capital Rules For Insurance Giants

    An international insurance watchdog on Monday unveiled a proposal for developing basic capital rules for large insurance groups whose failure could undermine financial stability, asking for input on the proposed framework by February.

  • December 16, 2013

    Sony Nixes Insurance Claim Over PlayStation Data Breach

    Sony Corp. of America has agreed to drop an insurance claim over litigation stemming from the massive cyberattack on its PlayStation Network under a $25 million excess policy with Great American Insurance Co. of New York, according to a court document filed Monday in New York.

  • December 16, 2013

    Female Powerbrokers Q&A: Arnold & Porter's Maureen Jeffreys

    When I was the partner in charge of the firm’s summer-associate program, I was mistaken for a summer associate. And when I was in charge of the new-associate program, I was mistaken for a new associate. It's a common phenomenon of people assuming that women hold lower-level positions than they do, says Maureen Jeffreys, co-chairwoman of Arnold & Porter LLP's telecommunications, Internet and media practice group.

  • December 16, 2013

    Female Powerbrokers Q&A: Fish's Ann Cathcart Chaplin

    My son Alex always wanted to be a scientist, but one day he said he had changed his mind — “I think I’ll let the lady do it. I’ll stay home like Dad." It was a cute moment that demonstrates that our success can impact our children’s thinking about their options in life, says Ann Cathcart Chaplin, leader of Fish & Richardson PC's litigation practice group and a member of the firm's management committee.

  • December 16, 2013

    Deals Rumor Mill: KKR, Versace, Dexus

    Bids from top private equity players for leading talent agency IMG Worldwide have so far disappointed seller Forstmann Little, while an Australian REIT is expected to turn up the heat in a high-profile $4 billion bid war over the Commonwealth Property Office Fund.

  • December 16, 2013

    IAG Puts Up $1.9B For Wesfarmers Underwriting Biz

    Insurance Australia Group Ltd. on Monday confirmed it would pay $1.85 billion for the insurance underwriting unit of Wesfarmers Ltd., beefing up its presence in its home markets of Australia and New Zealand to become the region's largest insurer.

  • December 16, 2013

    High Court Upholds ERISA Plans' Time Limits For Claims

    The U.S. Supreme Court on Monday unanimously ruled against a former Wal-Mart Stores Inc. employee in her Employee Retirement Income Security Act suit, saying that the law allows employee benefit plans to contractually set time limits for participants to bring claims.

  • December 13, 2013

    7th Circ. Says Insurance Rates Can Reflect Unlisted Factors

    The Seventh Circuit on Friday affirmed a decision granting summary judgment to Lincoln Benefit Life Co. in a putative class action brought by a policyholder who said LBL breached the terms of its insurance policies by including nondisclosed factors in its method of calculating the “cost of insurance” rate.

  • December 13, 2013

    Markel Can't Budge Texas Justices In $6M Coverage Suit

    The Texas Supreme Court on Friday said it wouldn’t rehear an August decision that required Markel American Insurance Co. to pay out more than $6 million under an umbrella policy to home builder Lennar Corp. for home repairs the company had made without insurance approval.

  • December 13, 2013

    Lexington Says Deposit Ends Coverage Of United Health Cos.

    Lexington Insurance Co. on Thursday argued that it has no obligation under a primary policy to defend two United Healthcare Services Inc. units facing a $500 million damages verdict and underlying class action litigation over a hepatitis C outbreak, because it deposited the $2 million liability limit with the court.

  • December 13, 2013

    Accused Health Providers Settle With Geico Over $3.7M Fraud

    A doctor and chiropractor accused of fraudulently billing Government Employees Insurance Co. for $3.7 million in post-car-accident treatments have settled the insurer's case, according to documents filed in New York federal court Friday.