More Insurance Coverage

  • July 27, 2021

    Regulator's Conviction Sets Stage For Insurance Fight In Ga.

    The federal fraud conviction of former Georgia insurance commissioner Jim Beck has set the stage for a political fight over who can best steer the state's insurance industry away from corruption and advocate for policyholders.

  • July 22, 2021

    Barnes & Thornburg Adds 2 Insurance Attys From Reed Smith

    Barnes & Thornburg LLP has hired away a pair of insurance recovery litigators from Reed Smith LLP as part of a move to expand the firm's Chicago office.

  • July 19, 2021

    Ill. Policyholders Say Insurer Violated Biometric Privacy

    An insurer that requires policyholders to upload video messages describing the circumstances around their claims now faces allegations that it violated Illinois' landmark biometric privacy law by failing to first get written consent and make mandated disclosures before collecting users' facial data.

  • July 12, 2021

    Insurer Seeks To Avoid Atty's Wire Fraud Entanglement

    An insurer told a Washington federal court that it doesn't want to defend a Seattle lawyer entangled in wire fraud allegations after he transferred more than $1 million to a foreign bank account on behalf of a fake IT client.

  • July 12, 2021

    Liquidator Can't Use Insurers' Assets To Exceed Benefit Caps

    A Pennsylvania court shot down a bid by the liquidator for two defunct providers of long-term care insurance to allow policyholders to reap the full amount of coverage their policies entitled them to despite caps set by various state guaranty associations that have since assumed responsibility for paying their claims.

  • July 08, 2021

    6th Circ. Nixes Ex-Williams & Connolly Exec's ERISA Case

    The Sixth Circuit on Thursday refused to revive a lawsuit by a former Williams & Connolly LLP finance executive who claimed Unum Life Insurance Co. of America wrongly denied her claim for long-term disability coverage after stress and abuse forced her to leave the firm. 

  • July 01, 2021

    NY Regulator Issues New Guidance On Ransomware Attacks

    The New York Department of Financial Services has issued guidelines for companies to fend off cybersecurity risks, saying the rate of ransomware attacks increased 300% in 2020 and cybercriminals are jeopardizing the stability of the financial services industry.

  • June 28, 2021

    Justices Won't Hear Captive Insurer Arbitration Dispute

    The U.S. Supreme Court declined Monday to review a ruling that clients of advisory companies can be held to an agreement compelling them to arbitrate claims they were misled into setting up captive insurance arrangements for supposed tax benefits.

  • June 23, 2021

    Exxon Beats Insurers' Indemnity Bid Over Enviro Claims

    A New Jersey state appeals court on Wednesday found that Exxon Mobil Corp. did not have to indemnify its insurers over environmental liabilities as required by a previous settlement agreement, saying the insurers took too long to send Exxon the relevant claims.

  • June 22, 2021

    Ferrari Insurer Scores Win In Loan Dispute With Luxury Mag

    A United States Fire Insurance Co. unit seeking more than $290,000 for a crashed Ferrari notched a victory after a California federal judge said the luxury magazine that borrowed the vehicle breached its loan agreement when the vehicle was totaled.

  • June 15, 2021

    Mullen Coughlin Adds Cybersecurity Atty From Lewis Brisbois

    Mullen Coughlin LLC added a data privacy and cybersecurity lawyer from Lewis Brisbois to join its team, the insurance-focused firm said, a hire that will bring into its fold a practice built around helping clients prepare for and respond to data breaches.

  • May 25, 2021

    Chancery OKs $15M Towers-Watson Merger Claim Settlement

    Towers Watson & Co. shareholders secured the final, $15 million portion Tuesday of a combined $90 million state and federal settlement of challenges to an $18 billion merger, with a Delaware Chancery Court ruling that included a $3.75 million fee for Kessler Topaz Meltzer & Check LLP and Grant & Eisenhofer PA.

  • May 24, 2021

    Akerman Taps Ex-Husch Blackwell Insurance Litigator

    Akerman LLP recently hired an insurance litigation partner formerly with Husch Blackwell in Dallas.

  • May 18, 2021

    Marsh McLennan Names New GC For Global Brokerage Unit

    Professional services firm Marsh McLennan has promoted one of its longtime in-house attorneys to lead the legal team at global insurance brokerage subsidiary Marsh LLC, the company announced Monday.

  • May 14, 2021

    GrayRobinson Atty Selected As GC Of State-Backed Insurer

    Florida-based Citizens Property Insurance Corp. this week announced its selection of GrayRobinson PA attorney Timothy M. Cerio, the onetime general counsel to Rick Scott during his time as governor, as the next top lawyer for the state-backed insurer.

  • May 13, 2021

    Mortgage Insurer Pauses $496M IPO, Citing 'Trading Volatility'

    Citing "significant trading volatility" in its sector, the parent company of mortgage insurance business Enact Holdings said Thursday it was postponing the unit's $496 million initial public offering.

  • May 11, 2021

    Clyde & Co. Adds 7 Insurance Attys In Southwest

    Clyde & Co LLP will open three new offices in the Southwest, driven by the addition of a team of seven insurance lawyers from Foran Glennon Palandech Ponzi & Rudloff PC, the firm announced Monday.

Expert Analysis

  • How New AML Law Will Apply To Life Settlement Industry

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    Nonexempt life settlement entities should expect increased reporting obligations once the Corporate Transparency Act implementing regulations go into effect as the act brings the first application of anti-money laundering laws to the industry, say Brian Casey and Thomas Sherman at Locke Lord.

  • How Attorneys Can Reach Claimants In Today's Comms Era

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    Communicating with clients can be challenging for plaintiffs attorneys due to barriers posed by the current onslaught of unwanted calls, work schedules and other factors, but certain best practices can help, say Scott Heisman and Kimberly Lavin at Verus.