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.
Bowles Rice has resolved a $41 million fight with a title insurer stemming from a troubled coal plant build and averted a trial that was set to start Monday, according to a lawyer involved in the case, heading off what at least one expert said was a sizable threat to the firm in the face of its limited malpractice coverage.
A split Kentucky Supreme Court on Thursday ruled that American Mining Insurance Co. does not have to cover damages that resulted when a now-insolvent mining company wrongly extracted coal from a farmer’s property, reversing a state appeals panel and holding that the incident did not constitute an accidental occurrence for coverage purposes.
Five states challenging Trump administration rules exempting employers from providing health care coverage for birth control due to moral or religious objections said the Ninth Circuit could uphold a nationwide injunction on the policy, arguing a recent ruling ending a national bar on the president's sanctuary city policy didn't mean all broad injunctions must be scrapped.
The last week has seen Gatwick Airport sue an insolvent construction firm and two insurers for professional negligence, Deutsche Bank lodge a claim against India's Canara Bank and a Markel unit file a contract dispute against German animal insurance specialist Hippo.
Anderson Kill has lured back a former insurance recovery team member after a two-decade absence, nabbing him from his most recent home, Lowenstein Sandler, the new firm announced.