U-Haul received a lift from a Missouri appeals court when it ruled Tuesday that a separate court’s finding that the driver involved in an allegedly fraudulent crash was negligent doesn’t bar the company’s attempts to deny coverage to the purported crash’s victims.
A former Weil Gotshal & Manges LLP bankruptcy partner has hit Metropolitan Life Insurance Co. with a lawsuit in New York federal court accusing the insurance carrier of wrongly denying him long-term disability benefits even though he suffers from a series of psychiatric problems.
A disabled Alabama woman on Wednesday urged a federal judge not to force her to arbitrate her dispute with Generali Worldwide Insurance Company Ltd. over disability benefits thousands of miles away in London — slamming the agreement as both procedurally and substantively unconscionable, and therefore unenforceable.
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.
A woman challenging a Florida law allowing insurers to deny personal injury protection claims for people injured in car crashes who don’t seek treatment within 14 days told a Florida federal judge Friday that State Farm can’t escape her putative class suit, arguing that an order in a related state court case doesn't preclude her claims.
Health insurance giant United HealthCare Services Inc. has slapped a host of generic-drug makers with a sprawling lawsuit in Minnesota federal court alleging they conspired to hike prices on a range of medications and saying “collusion in the generic pharmaceutical industry is well established at this point.”
The Texas Supreme Court on Friday announced it would hear oral arguments in two insurance disputes involving State Farm Lloyds, both of which concern whether policyholders are entitled to statutory damages on top of their initial benefits awards.
A New York appeals court has eased the standard for policyholders to maintain claims for “consequential damages” allegedly caused by a recalcitrant insurer’s conduct, reviving on Thursday a Manhattan apartment building owner’s bid to recover such damages from an AIG unit.
The Alabama federal judge overseeing sweeping antitrust litigation against the Blue Cross Blue Shield network has said he can no longer wait for the insurance giant’s army of lawyers to marshal themselves into a more manageable group, ordering a dozen attorneys into a "Council of Twelve" to streamline a leadership plan.
The Co-operative Group Ltd., a U.K. organization that owns multiple consumer-focused businesses, has agreed to sell its insurance underwriting unit to insurances services company Markerstudy Group of Cos. in a deal worth £185 million ($238 million), the companies said Friday.
Mondelez International Inc. is battling Zurich American Insurance Co. over coverage for $100 million in losses the snack food giant suffered in a 2017 cyberattack that the U.S. and its allies blamed on Russia, and experts say a ruling permitting the insurer to invoke a war exclusion to deny the claim could leave companies uninsured for similar hacks.
American Income Life Insurance Co. asked a Texas federal court on Wednesday to confirm a $1.54 million arbitration award it won against a former agent after he allegedly took confidential information after leaving the company, saying the arguments in his appeal were already dismissed by the arbitrator.
A hacking group calling itself "The Dark Overlord" has released a cache of confidential files it says it stole from a law firm involved in litigation stemming from the 9/11 attacks, and is now offering more sensitive documents to the highest bidder in the latest frightening example of how the legal industry is a prime target for cyberattacks.
The Delaware Supreme Court ruled Thursday that the Chancery Court correctly tossed a $1.6 million insurance liability suit brought by environmental cleanup firm US Ecology Inc. against the buyer of its spun-off subsidiary, agreeing the sale contract didn't include repayment obligations for noncovered insurance costs.
A New Jersey appeals court ruled Thursday that there is no reason to disturb a jury’s verdict that Liberty Insurance Corp. is not liable to a customer who claimed he had ongoing injuries from a crash with an underinsured motorist.
PPG Industries Inc. will pay a class of retirees $7.65 million and ensure them health benefits through 2025 to settle allegations that the paint and chemical company wrongly cut off promised lifetime health benefits, the retirees told an Ohio federal court Thursday.
A veteran litigator who quit the U.S. Department of Justice over its refusal to defend the Affordable Care Act against a grave legal challenge has joined King & Spalding LLP, where he will focus on health care litigation, the firm announced.
The First Circuit upheld a district court ruling that Scottsdale Insurance Co. must pay $3 million to a Rhode Island plumbers pension fund to satisfy a ruling against a real estate investment fund insured by Scottsdale for allegedly mismanaging the pension fund's investments, saying Wednesday that exclusions in the company's policy do not exempt it from coverage.
Insurance to cover risks from a cross-border corporate takeover should be taxed in the country where the policyholder is based, rather than where the target company is, the European Union’s highest court ruled Thursday.
During oral arguments before the Colorado Supreme Court in a lawsuit over an allegedly biased insurance appraiser Wednesday, attorneys for both Owners Insurance Company and the condominium association it is fighting said that ruling against their side would spur a wave of litigation over similar bias claims.
Earlier this month, a California federal court denied discovery into the identification of third-party funders with a financial interest in the outcome of an underlying patent infringement action. This decision in MLC v. Micron follows a long line of well-reasoned precedent across U.S. federal courts, say Matthew Harrison and Sarah Jacobson of Bentham IMF.
Side A difference-in-conditions insurance policies can play an important role in insulating against risks that public companies must navigate, offering benefits beyond those included in traditional directors and officers policies, says Evan Bundschuh of Gabriel Bundschuh & Associates Inc.
Legal finance remains underutilized in the insurance space, but can be a transformative instrument for policyholders that allows for the aggressive pursuit of recovery on valid claims while reducing risk, improving accounting treatment and maximizing settlements and awards, says Andrew Lundberg of Burford Capital LLC.
Team-based specialization in mass tort litigation defense allows each member to draw on individual strengths, maximizing their contribution. A core tenet of this approach is using settlement counsel to focus on strategic initiatives and end-game resolution efforts, separate from the heated battle lines of the litigation, say attorneys at Faegre Baker Daniels.
Last year, the circuit split on computer fraud insurance coverage continued, with courts slightly favoring coverage for phishing scams, but oversimplifying those decisions into a simple coverage versus no-coverage distinction would be a mistake, says Patricia Carreiro of Axinn Veltrop & Harkrider LLP.
The lack of minority partners comes at a high cost to firms, say attorneys at Lightfoot Franklin & White LLC, as they suggest several practical ways to tackle this problem.
The New Jersey Department of Banking and Insurance has released a bulletin clarifying its law designed to protect consumers from "hidden" out-of-network health providers, but many questions still remain, say Cynthia Borrelli and Michael Morris of Bressler Amery & Ross PC.
Alternative dispute resolution providers have made great strides toward diversity, but recent statistics show there is still work to be done. There are certain steps ADR providers can take to actively recruit more women and minority candidates to serve as arbitrators and mediators, says James Jenkins of the American Arbitration Association.
Alternative fee agreements can help align law firm and client interests, increase efficiency and eliminate corporate extortion, among other benefits. They are the best thing to happen to the practice of law in decades, says Kelly Eisenlohr-Moul at Dinsmore & Shohl LLP.
In New Haven v. Purdue, a Connecticut state judge ruled last week that opioid manufacturers are not liable for cities' emergency and social services costs. This decision protects liability insurance from being transformed into a funding mechanism for social problems that it was not designed to cover, say Patrick Bedell and Kevin Harris of BatesCarey LLP.