Insurance Law360 provides breaking news and analysis on insurance law. Coverage includes high-stakes cases against major insurance carriers, brokers, and reinsurers, as well as relevant policy developments and corporate deals.
A Mexican company can’t bring suit against a Mexican insurance broker and insurer in Texas because neither defendant has sufficient contacts to the state, a state appeals court in Dallas held Tuesday, reversing a lower court’s exercise of specific jurisdiction.
Global manufacturing company ITT Corp. notched a win in a long-running suit seeking more than $1 billion in coverage for asbestos liabilities when a California state judge ruled Tuesday that the policies at issue are triggered at the time of asbestos exposure and that ITT can put the policies in any triggered year on the hook for its full liability.
Geico failed to comply with Florida’s claims administration law in trying to deny coverage for a man facing a $15 million judgment for drunkenly killing another motorist, according to a ruling Wednesday by a state appeals court affirming summary judgment in favor of the man’s court-appointed receiver.
The Fifth Circuit said Tuesday that ExxonMobil Corp. contractor Electrical Reliability Services must pay the $3 million deductible on its policy with insurer Old Republic Insurance Co., stemming from coverage of a worker's $3.3 million suit over burns he sustained while doing electrical work at an Exxon facility.
August has proved to be a busy month in the labor and employment sector, with Connecticut saying that retailers can’t use the fluctuating workweek model to calculate overtime for employees who earn commissions and a lesbian California employee suing the mortgage company where she worked for discrimination after it stripped health benefits from her same-sex spouse. Here, Law360 offers a roundup of recent developments in labor and employment cases you may have missed.