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The Tenth Circuit on Thursday affirmed that State Farm doesn’t have to cover a businessman in a lawsuit alleging he misappropriated a former partner’s idea for a gas detection system to form a competing company, agreeing with a lower court that coverage is unavailable because the businessman wasn’t sued over his actions as an officer of the new company.
A Delaware state court judge has ruled real estate trust Vereit Inc.'s insurers must cover the costs the company's investment manager incurred defending against an investor class action and a U.S. Securities and Exchange Commission probe aimed at both companies.
An Illinois federal judge gave the final go-ahead Thursday to a $250 million settlement in a class action accusing State Farm of using campaign donations to buy an Illinois Supreme Court justice’s vote, but an objector to the deal has said she will likely appeal.
A putative class of auto insurance customers and a putative class of health care providers are jointly suing Allstate over allegedly failing to properly reimburse health costs over car accidents that happened in Pennsylvania but occasioned treatment outside Pennsylvania, according to a suit removed to New Jersey federal court Wednesday.
A New Jersey federal judge on Thursday certified a proposed class action alleging a letter sent by a debt collector contained contradictory health insurance instructions, ruling among other things that the common claims in the suit would predominate over individual issues.