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.
Infinity Indemnity Insurance Co. on Thursday urged Florida's high court to review an appellate decision reviving a bad faith lawsuit brought by a victim of a car crash involving Infinity's policyholder, saying the ruling flouts precedent by erasing the requirement that an insurer's bad faith conduct exposes its insured to liability exceeding policy limits.
The D.C. Circuit on Friday handed another monumental win to the U.S. in its challenge to Anthem’s $54 billion combination with Cigna, and experts say attorneys advising clients in merger cases may need to rethink their strategies following the government’s recent winning streak.
A New Jersey appeals court on Friday affirmed that a contractor’s lawsuit seeking an insurer’s coverage in construction defect litigation was barred because the claims could have been brought in a previous lawsuit that freed the insurer from its duty to defend.
Amway Inc.’s parent company slapped AIG subsidiaries with a suit in Michigan federal court Thursday in a bid to force the insurers to cover the health and beauty marketing firm’s settlement of a copyright dispute with several of the world’s largest record companies.
The Seventh Circuit on Friday vacated an injunction blocking the Affordable Care Act’s pre-Hobby Lobby contraceptive mandate for for-profit employers, noting the grounds for such relief were mooted when Congress amended the ACA to shield religious beliefs after the high court ruled on the case.