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Latest News in Insurance

  • June 22, 2018

    Health Co. Can't Get Insurer To Cover $1.4M Arbitration Award

    An Illinois federal judge on Thursday ruled that CorVel Corp. can’t force its insurer to cover a nearly $1.4 million arbitration award it was ordered to pay to Hartford Fire Insurance Co. in a dispute over alleged flaws in CorVel’s medical bill review system, finding that a policy exclusion for claims arising from software problems bars coverage.

  • June 22, 2018

    Prudential Again Facing Disability Benefits Suit After 3 Years

    An Alabama federal judge ruled Friday that a case against Prudential Insurance Co. of America over its alleged wrongful denial of disability benefits can be updated, rejecting arguments by the insurer that Charles M. Davis hadn’t exhausted the internal appeals process before suing.

  • June 22, 2018

    Texas Justices To Hear Atty-Client Privilege Discovery Row

    The Texas Supreme Court on Friday decided it will hear a dispute between the city of Dickinson, Texas, and the Texas Windstorm Insurance Association over benefits paid out after 2008's Hurricane Ike, in a case that asks the court to determine to what extent the attorney-client privilege applies to discovery documents.

  • June 22, 2018

    14 Firms To Steer IPOs Surpassing $2.5B To Close Busy June

    Fourteen firms will steer 12 initial public offerings that could surpass $2.5 billion in proceeds during the coming week, representing notable companies like private equity-backed BJ’s Wholesale Club Holdings Inc. and several life science, technology and e-commerce issuers, potentially closing the busiest month for IPOs in three years.

  • June 22, 2018

    In His Own Words: How Texas Judge Is Mulling ACA Case

    A once-obscure Texas federal judge who rocketed to prominence after being handpicked to hear lawsuits against the Obama administration is now overseeing his biggest case yet: an existential challenge to the Affordable Care Act. In an interview with Law360, U.S. District Judge Reed O'Connor explained how he's approaching the momentous legal battle.

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