The Fifth Circuit on Wednesday upheld a decision ruling Indian Harbor Insurance Co. must pay for BestComp Inc.'s defense in an underlying action over medical providers' workers' compensation bills, finding the errors and omissions policy plainly provides for such costs.
Cayman Islands corporation Aviator Master Fund Ltd. and several other investment funds sued Strategy International Insurance Group Inc. principals in New York court Monday, claiming Strategy's Sandro Sordi and John Hamilton failed to make good on a pledge to turn over $15 million in real estate.
Reed Elsevier Inc.'s legal research service LexisNexis has gained an unfair advantage in the market for insurance software by illegally buying and aggregating consumer reports, a rival company said in a lawsuit removed to California federal court last week.
Kentucky-based health insurance provider Humana Inc. will acquire health care analytics company Anvita Health to help optimize its programs, the companies announced Wednesday.
American International Group Inc.'s legal team can continue to represent the insurance giant in its lawsuit against Bank of America Corp. over mortgage-backed securities, after a New York federal judge on Tuesday denied the bank's request to disqualify Quinn Emanuel Urquhart & Sullivan LLP for a conflict of interest.
A New York state judge on Monday freed Bank of America NA and Fifth Third Bank from allegations that they helped rogue Concord Capital Management LLC executives carry out a loan agreement scheme that cost the insurance premium finance company $70 million.
WM Aviation LLC and Tricor International Corp. on Monday agreed to resolve their suit in Florida federal court seeking nearly $20 million in coverage from U.S. Aircraft Insurance Group and three other insurers for damages that a plane sustained during a 2008 runway accident.
A class of female employees of Willis Group Holdings Ltd. asked a New York federal judge on Tuesday to approve an $11.6 million deal to resolve a lawsuit accusing the insurance broker of paying women less than men and offering them fewer promotions.
Business information companies Dun & Bradstreet Inc. and Equifax Inc. reached a settlement Tuesday in a case where Dun & Bradstreet claimed one of its ex-workers helped Equifax steal trade secrets and try to poach multimillion-dollar client Farmers Insurance Group.
A West Virginia judge on Monday ruled that a group of insurers are required to defend Massey Energy Co. in an underlying suit alleging its coal mining operations caused bodily harm and property damage to private individuals.
Affiliates of private equity firm Irving Place Capital and automotive parts maker TAP Automotive Holdings LLC sparred before a New York state judge Tuesday over TAP's responsibility for about $28 million in debt in the wake of a takeover by a group of banks and insurers.
A Wisconsin appeals court on Tuesday upheld a decision that the Great Expectations dating service's insurer is not on the hook to defend a suit accusing the service of using myriad deceptive sales practices and preying on the elderly.
An attorney for a former American International Group Inc. insurer affiliate told a New York appeals court Tuesday that Everest Reinsurance Co. needs to pay its share of a $140 million environmental settlement with Monsanto Co.
Several insurers asked a New York federal court Monday to rule against World Trade Center developers seeking cuts of a $1.2 billion insurance settlement over property damage from 9/11, arguing the developers already received their proceeds from the loss.
Crate & Barrel said Monday that Hartford Fire Insurance Co. must defend it in several privacy class actions over its collection of customers' ZIP codes, arguing in Illinois federal court that Hartford has all but admitted its obligation by agreeing to defend one of the cases.
An Indiana appeals court on Monday overturned a ruling in favor of two waste management companies in their row with insurers over asbestos claims, finding they are not entitled to coverage because the policies covered their predecessors and were not transferred.
Recognizing the frustrations of homeowners afflicted with defective Chinese drywall, a U.S. Senate panel on Tuesday blasted insurers for using pollution exemptions to deny coverage and supported taking steps to hold Chinese companies accountable for faulty imported products.
A Missouri court on Thursday found Columbia Casualty Co. liable for a $5 million settlement between policyholder HIAR Holding LLC and a class of 10,000 consumers who received spam fax advertising, ruling that the class' alleged injuries were covered by HIAR's insurance policies.
A Florida federal judge ruled on Monday that two insurers do not have to defend KB Home Inc. against claims over defective Chinese drywall used in its houses because the damage falls under a total pollution exclusion in their policies.
An Oklahoma federal court on Monday approved the settlement of a class action claiming The Allstate Corp. and an indirect subsidiary wrongly denied coverage for drugs that support cancer treatment, granting class counsel up to $1.5 million in fees and costs.