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Insurance

  • October 17, 2018

    Marine Surveyor Can't Escape $500M Chevron Rig Suit

    A Texas federal judge on Tuesday held that marine surveyor American Global Maritime Inc. must face negligence claims asserted by insurance underwriters seeking to hold it liable for $500 million in losses from the failure of an offshore oil rig built for Chevron, while tossing other claims against the surveyor and dismissing its foreign affiliates from the suit.

  • October 17, 2018

    United Healthcare Sued For 'Arbitrary' Therapy Payment Policy

    A proposed class of American workers who received psychotherapy through their employers’ health care plans sued United Healthcare Insurance Co. and United Behavioral Health in California federal court Tuesday, accusing them of flouting the Employee Retirement Income Security Act by imposing unfair reimbursement limits on psychotherapy services.

  • October 17, 2018

    Calif. Firm Accused Of Cornering Landowner Into Bad Deal

    A small California law firm is facing allegations that it tricked a property owner into settling a lawsuit over construction defects for less than it was worth, potentially costing the landowner more than $10 million.

  • October 17, 2018

    A High Court Milestone Stirs Hope Of Gender Parity

    After an emotionally fraught confirmation process with sexual misconduct allegations front and center, a new justice joins the Supreme Court bench and brings four female clerks with him. The hires bring gender parity to the court's clerkship ranks for the first time, but will the shift be long-lasting? (This article is part of a series examining gender gaps at the high court.)

  • October 17, 2018

    $1M Condo Insurance Row Must Be Arbitrated, Court Hears

    Lloyd's of London underwriters and the International Insurance Co. of Hannover SE have told a Texas federal court that the owner of a condominium complex must arbitrate its $1 million dispute over a denied insurance claim following a serious storm that hit the Houston area in the spring of 2017.

  • October 17, 2018

    Creditors Say Fla. Insurance Co. Fraudulently Dumped Assets

    A trustee for creditors of ATIF Inc. filed suit Tuesday in Florida bankruptcy court alleging the bankrupt title insurance underwriter’s 2015 transfer of assets worth millions of dollars to Old Republic National Title Insurance Co. was a fraudulent attempt to avoid paying creditors.

  • October 17, 2018

    7th Circ. Upholds Conviction For Doc Who Ripped Off Insurers

    The Seventh Circuit on Wednesday said there’s “ample evidence” to support a jury’s finding that a Chicago dermatologist committed fraud by passing off cosmetic procedures as pre-cancer treatment to insurance companies.

  • October 17, 2018

    Pa. Rehab Sues Insurer Over Third-Party Drug Test Payments

    A Pittsburgh drug and alcohol rehabilitation center sued UPMC Health Plan in a Pennsylvania state court Wednesday after the insurance arm of the hospital system tried to make the center repay money it was allegedly overcharged by a third-party drug testing service then complained to the Pennsylvania Attorney General's Office that the rehab was committing insurance fraud.

  • October 17, 2018

    FSOC Pulls SIFI Tag From Prudential, Last Nonbank To Have It

    The Financial Stability Oversight Council said Wednesday that it has decided to rescind insurer Prudential Financial Inc.’s designation as a systemically important financial institution, freeing it from enhanced regulatory supervision and leaving no nonbank financial firms classified as “too big to fail.”

  • October 17, 2018

    Lieff Cabraser, Others Want $90M In State Farm Judge Case

    Lieff Cabraser Heimann & Bernstein LLP, Clifford Law Offices PC and several other firms have asked for $90 million in fees and expenses for their work representing a class of State Farm customers who settled claims the insurance giant rigged an Illinois judicial election for $250 million.

  • October 16, 2018

    Asbestos Trust Rep Beats DOJ Objection In Duro Dyne Ch. 11

    A New Jersey bankruptcy judge on Tuesday firmly overruled objections to the appointment of a future claimants representative in the Chapter 11 case for Duro Dyne National Corp., calling challenges by the U.S. Trustee's office and insurers over disinterestedness "nonsensical" and a "nonstarter."

  • October 16, 2018

    Strip Club Covered For $8M Fatal Crash Award, 6th Circ. Says

    A Cleveland strip club can force its liability insurer to cover an $8 million award that the family of a 2014 wrong-way car accident victim won against the club based on its negligent failure to stop the man responsible for the crash from driving home drunk, the Sixth Circuit ruled Tuesday, finding that the insurer is bound by the underlying judgment.

  • October 16, 2018

    Insurer Owes Hotel After Carbon Monoxide Leak: 10th Circ.

    The Tenth Circuit ruled Tuesday that a hotel has the right to insurance coverage after a carbon monoxide leak, overruling the insurer’s argument that the accident triggered an exclusion concerning “qualities or characteristics of indoor air.”

  • October 16, 2018

    6th Circ. Upholds State Farm's Setback In Labor Costs Row

    A split Sixth Circuit on Monday ruled that State Farm cannot depreciate the costs of labor in determining the actual cash value owed to policyholders whose homes have been damaged or destroyed, affirming a lower court’s refusal to dismiss a proposed class action accusing the insurer of underpaying claims.

  • October 16, 2018

    Fairfax Scores $11M In Jury Verdicts In NJ Stock Scheme Row

    Fairfax Financial Holdings Ltd. and its New Jersey subsidiary, Crum & Forster Holdings Corp., have scored state trial victories totaling nearly $11 million in damages against a defunct hedge fund and related parties over claims they took part in a scheme to lower the Canadian insurance company’s share price, the business announced Tuesday.

  • October 16, 2018

    Deals Rumor Mill: Uber, Lyft, Tribune

    Proposals have valued Uber at a whopping $120 billion in its initial public offering, Lyft tapped JPMorgan Chase & Co., Credit Suisse and Jefferies as underwriters on its IPO, and Hicks Equity Partners is eyeing Tribune Media and its nearly four dozen TV stations.

  • October 16, 2018

    Class Cert. Push Renewed In UnitedHealth ERISA Battle

    Representatives for a proposed class alleging UnitedHealth Group Inc. violated the Employee Retirement Income Security Act by denying coverage for prosthetic arms and legs pressed a California federal judge for certification, saying class parameters the court previously found too broad have been narrowed.

  • October 16, 2018

    Florida Policy Won't Cover NJ Car Crash, Court Says

    The New Jersey state appeals court on Tuesday declined to revive a motorist’s suit against another driver over a car crash, ruling the motorist’s out-of-state insurance policy invalid in the Garden State, thus barring him from seeking damages against the other driver.

  • October 16, 2018

    Pa. High Court To Mull Insurer-Ordered Medical Exams

    The Pennsylvania Supreme Court has agreed to address a federal appeals court’s question over whether insurance companies can force their policyholders to submit to medical examination by insurer-selected physicians when seeking medical benefits under their policies.

  • October 16, 2018

    Attys Get $4.3M In Fees In $17M HIV Disclosure Settlement

    A Pennsylvania federal judge has granted final approval to Aetna Inc.’s $17 million deal to settle claims the managed health care giant wrongly disclosed patients’ HIV-related information and also awarded more than $4.3 million in fees and cost reimbursements for the patients’ attorneys.

Expert Analysis

  • Assignment Of Benefits Faces A New Hurdle In Florida

    Margo Meta

    A Florida state appeals court's decision last month in Restoration 1 v. Ark Royal weakens assignment-of-benefit claims, holding that an insurer may require all insureds and mortgagees to provide written consent prior to executing an assignment-of-benefits agreement, says Margo Meta of Ball Janik LLP.

  • A Holistic Approach To Client Retention

    Dan Tacone

    In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.

  • Q&A

    A Chat With Allens Pricing Chief Pier D'Angelo

    Pier D'Angelo

    In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.

  • 6th Circ. Ruling Highlights Dangers Of Insured's Admissions

    David Kroeger

    The Sixth Circuit's recent decision in KVG v. Westfield underscores that all insureds should take care to avoid admissions that may be used against them in subsequent litigation over coverage for their losses, say David Kroeger and Edward Vrtis of Jenner & Block LLP.

  • Opinion

    The ABA Was Dead Wrong About Model Rule 8.4(g)

    Bradley Abramson

    In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.

  • Opinion

    The Supreme Court Should Become Boring

    Alexander Klein

    In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.

  • Q&A

    Back To School: BC's Kent Greenfield Talks Corporate Law

    Kent Greenfield

    In this series featuring law school luminaries, Boston College Law School professor Kent Greenfield reflects on his corporate law theories, his legal battle with the Pentagon over free speech and gay rights, and important constitutional law issues to watch out for.

  • Kavanaugh Cannot Be Compelled To Recuse Himself

    Donald Scarinci

    Whether Justice Brett Kavanaugh’s prior statements may be grounds for disqualification when it comes to judging certain cases is debatable, but there are no specific recusal guidelines for the U.S. Supreme Court. The justices themselves don’t even agree on where to draw the line when it comes to perceived political bias, says Donald Scarinci, a founding partner of Scarinci Hollenbeck LLC.

  • Knowledge Management: An Unsung Hero Of Legal Innovation

    Rob MacAdam

    As technology evolves, law firms are increasingly looking for ways to improve communication, transparency and service for their clients. Firms should put knowledge management at the core of their value proposition to create a competitive advantage, says Rob MacAdam at HighQ.

  • Establishing Waiver Of The Right To Appraisal In Texas

    Kristin Cummings

    The Texas Supreme Court has made clear that a party seeking to avoid appraisal in an insurance dispute has a high burden to establish waiver. Two decisions in the last couple months highlight key points underlying a court’s analysis in determining waiver, say Kristin Cummings and Victoria Vish of Zelle LLP.