An insurance company and a strip club agreed Friday in Mississippi federal court to end a suit accusing the club of misrepresenting itself as a country club and failing to disclose over $400,000 in liens, with the insurer refunding the club its premium payment and saying the policy was invalid from the outset.
A unit of The Hartford doesn’t have to defend a law firm facing two proposed class actions over ambulance-chasing allegations tied to state crash records, after a North Carolina federal court ruled Friday that two exclusions “entirely foreclose” coverage.
The Hanover Insurance Co. doesn't have to defend Innovak International Inc. in a proposed class action claiming the information technology company failed to prevent a 2016 data breach that compromised users' personal information, a Florida federal judge ruled Friday, saying coverage doesn't exist because the data wasn't allegedly published by Innovak.
The U.S. Department of the Treasury on Friday called for the Financial Stability Oversight Council to take a “new approach” to safeguarding the financial system, urging the Dodd-Frank Act-created panel to shift away from tagging nonbank financial firms for tougher regulatory scrutiny and instead take an industrywide view that looks at particular products and activities.
The last week has seen a consulting firm sue the shareholder rights group that challenged the Royal Bank of Scotland, Lehman Brothers' bankrupt European unit take on HMRC, and three reinsurers lodge a claim against Petroleos de Venezuela's captive insurer. Here, Law360 looks at those and other new claims in the U.K.
A California federal judge on Friday granted The Walt Disney Co.'s request to arbitrate a dispute over $25 million in coverage toward a settlement with a beef company over an ABC news story that dubbed the company's beef byproduct "pink slime," one day after hearing arguments on the motion.
Two insurers are still off the hook from defending a company that owns a Miami dock from an underlying personal injury suit, the Eleventh Circuit ruled Thursday, affirming a lower court’s decision that found a clerical error preempted coverage for the company.
The judge presiding over the bankruptcy case of ChinaCast Education Corp. abruptly adjourned the company's Chapter 11 plan confirmation hearing on Thursday, finding the debtor’s last-minute request for approval of a shareholder settlement and a post-petition financing adjustment troubling.
A Washington federal judge Thursday declined to put a quick end to a dispute between a pair of insurers and a condominium association over liability for 30 years of rain damage, saying a jury will have to sort out the coverage.
Prominent Houston trial lawyer and Democratic donor Steve Mostyn, who made his mark battling insurance companies in storm damage lawsuits brought by homeowners, committed suicide Wednesday, according to an announcement posted on his law firm's website Thursday. He was 46.
AIG on Thursday urged a California federal judge to deny The Walt Disney Co.'s request to arbitrate a dispute over $25 million in coverage toward a settlement with a beef company over an ABC news story that dubbed its beef byproduct “pink slime,” saying Disney’s petition fails to include the news outlet and the reporter.
Tempur-Sealy International Inc. reached an agreement with its liability insurer Wednesday to resolve a dispute before the Ninth Circuit over the costs of defending against a proposed class of consumers accusing the mattress company of lying in marketing materials.
VisionAid Inc.'s insurance carrier doesn't have to pay for a lawyer of the company's choice to handle its defense of a fired executive's discrimination suit, the First Circuit ruled on Wednesday, rejecting VisionAid's contention that the attorney previously appointed by the insurer has a conflict of interest.
The Senate GOP’s $1.4 trillion tax cut bill moved closer the chamber floor Wednesday after Republicans on the Senate Finance Committee shot down Democratic amendments protesting a last-minute provision repealing the individual mandate of the Affordable Care Act.
A California appellate court on Tuesday revived general contractor McMillin Management Services LP's bid for coverage of construction defect claims under its subcontractors' policies with an AIG unit, while affirming a lower court's decision that a second insurer has no duty to defend McMillin.
A proposed class of patients accusing Quest Diagnostics Inc. of maintaining a lab services monopoly told an appellate panel Wednesday that a lower court incorrectly acted as “a gatekeeper” by dismissing its suit, prompting a Ninth Circuit judge to lament the U.S. Supreme Court’s “de facto different standard for antitrust cases.”
Labor Secretary Alex Acosta’s comments Wednesday at a U.S. House of Representatives workforce committee hearing on his agency’s priorities were short on policy specifics, including only nuggets of information on key labor issues such as the agency’s rules on overtime pay and retirement savings advice.
Geico has reached unlawful agreements with a group of preferred auto collision repair shops to fix the maximum price of repairs and steer policyholders from competing repair shops, a competing shop claimed in Oregon federal court Tuesday.
Dubai Islamic Bank has urged a New York federal judge not to make it hand over information from certain accounts with alleged connections to terrorism to victims of the 9/11 terrorist attacks, saying that the requests are either irrelevant to claims against it or had already been waived.
Great American Assurance Co. and Greenwich Insurance Co. on Tuesday asked a Washington federal court to reconsider a ruling that left them scratching their heads, as a judge found two policies worth roughly $6.7 million may or may not cover rot in a condo community.
Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.
When a catastrophe strikes and insurance companies either deny coverage or limit the coverage provided, the insurance broker is in the crosshairs of what can turn out to be a litigious claim. Gary Strong of Seiger Gfeller & Laurie LLP explores the duty of insurance brokers in New Jersey and how these duties come into play, particularly after Superstorm Sandy.
In the past two years, we witnessed a wave of putative class actions filed under Illinois’ Biometric Information Privacy Act, with the rate of filings increasing exponentially in recent months. Insurers should take note of their potential coverage obligations under various policies, say Jonathan Schwartz and Colin Willmott of Goldberg Segalla LLP.
Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.
California Gov. Jerry Brown recently signed SB-17, a law intended to foster transparency in connection with drug pricing and its impact on insurance costs. The law imposes significant new reporting requirements on many drug manufacturers, pharmacy benefit managers, and health care service plans and health insurers operating in California, say attorneys with Ropes & Gray LLP.
While Alexander Hamilton is the subject of a hit Broadway musical and renewed biographical examinations, professor Kate Brown takes us down a road less traveled in her book "Alexander Hamilton and the Development of American Law" — showing Hamilton as first, last and foremost an American lawyer, says U.S. District Judge Rodney Gilstrap of the Eastern District of Texas.
There are at least four reasons supporting the need for some form of a mediation group within a law firm, especially in firms with larger practices, according to Dennis Klein, owner of Critical Matter Mediation and former litigation partner at Hughes Hubbard & Reed LLP.
A Washington administrative law judge's ruling in the ongoing Zenefits case last month suggests that Washington is possibly beginning to fall into line with larger states in the anti-rebate area, say Shawn Hanson and Nicholas Gregory of Akin Gump Strauss Hauer & Feld LLP.
The U.S. House and Senate have now both detailed their tax reform plans, and both plans could have significant effects on the health care industry. Lower corporate tax rates could benefit companies in the health sector, but changes to the orphan drug tax credit and medical expense deduction would be damaging, say attorneys at Debevoise & Plimpton LLP.
Defending depositions is challenging. The lawyer is the only shield and protector for the witness and the client. The rules of engagement are less than clear, and fraught with ethical perils. Difficult judgment calls often must be made in the heat of battle. This is where lawyers really earn their keep, says Alan Hoffman of Husch Blackwell LLP.