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Insurance

  • March 25, 2019

    Costco Insurer Can't Recoup $8M Gender Bias Deal Payment

    A Washington federal judge held Monday that Arrowood Indemnity Co. cannot recover a nearly $8 million payment it made toward Costco Wholesale Corp.’s settlement of a gender bias class action, but said more evidence is needed to determine whether the insurer must also pay the retail giant’s costs in post-settlement arbitrations with class members.

  • March 25, 2019

    Entire ACA Should Fall, Trump Tells 5th Circ.

    In a dramatic escalation, the Trump administration late Monday told the Fifth Circuit that it supports a recent court ruling that invalidated the entire Affordable Care Act.

  • March 25, 2019

    Equinox Gym Insurers Battle Over Sex Assault Suit Fees

    One of Equinox Fitness’ insurers is not paying its fair share of the luxury gym’s legal fees in an ongoing sexual assault lawsuit involving two former employees, Beazley Insurance Co. alleged in a complaint filed in California federal court on Friday.

  • March 25, 2019

    Pa. Rehab Operators Charged In Insurance Fraud Scheme

    A Philadelphia-area addiction treatment company and a group of top employees were charged Monday in connection with a string of alleged fraud schemes, including overbilling insurers for intentionally shoddy rehabilitation programs designed to encourage participants to relapse.

  • March 25, 2019

    Texas Blue Cross Settles EEOC Disability Bias Suit

    Blue Cross Blue Shield of Texas has inked a deal to end a suit brought by the U.S. Equal Employment Opportunity Commission claiming the health insurer discriminated against a deaf job applicant by refusing to provide an accommodation for completing an audio portion of the application process.

  • March 25, 2019

    J&J Talc Source Lifts Del. Ch. 11 Stay For Past Owner

    Bankrupt former Johnson & Johnson talc supplier Imerys Talc America Inc. agreed Monday in Delaware bankruptcy court to give its former owners temporary access to its liability insurance, pending the outcome of an Imerys suit to shield its policies from third-party claims.

  • March 25, 2019

    Halliburton Arbitration Not Covered By Policy, Insurer Says

    St. Paul Fire and Marine Insurance has asked a Texas federal judge to declare it isn't on the hook for an oilfield services company's legal costs in defending against claims Halliburton brought over its use of licensed technology for pipe-cutting torches.

  • March 25, 2019

    Reinsurer RenaissanceRe Buys Tokio Millenium For $1.5B

    RenaissanceRe Holdings Ltd., a Bermuda-based reinsurer with international reach, said it has bought rival company Tokio Millennium Re for nearly $1.5 billion after securing approval from regulators.

  • March 22, 2019

    Year-Old Cyan Ruling Still A Touchy Subject For Attorneys

    A year after the U.S. Supreme Court handed down its controversial Cyan decision affirming state courts have jurisdiction over certain securities class actions, plaintiffs and defense attorneys remain divided over its merits.

  • March 22, 2019

    Ill. Regulator Can't Nix Insurance Co. Arbitration Fee Bid

    An Illinois federal judge has ruled that he isn't barred from entertaining a petition by a Bermuda holding company to confirm $473,000 in attorneys' fees it won in arbitration with Illinois' director of insurance in the liquidation of another company, according to a decision on Friday.

  • March 22, 2019

    No-Lapse Policy Guarantees Cut On Purpose, Suit Says

    Accordia Life and Annuity Co. unlawfully cancelled the no-lapse guarantees in several customers’ life insurance policies when it and its insurance administrator purposefully stopped automatically debiting policy premiums from the insureds’ accounts, according to an amended lawsuit filed Friday.

  • March 22, 2019

    IRS Proposes Reporting Regs For Life Insurance Contracts

    The Internal Revenue Service proposed new regulations on Friday outlining reporting requirements for life insurance contracts under the tax overhaul of 2017.

  • March 22, 2019

    AIG Can't Escape Amway's Bid For Copyright Suit Coverage

    A Michigan federal judge on Friday ruled that two American International Group units must face Amway’s suit seeking to force the insurers to fund its defense and settlement of a sprawling copyright dispute with several major record labels, holding that the insurance policies at issue don’t foreclose coverage for the labels’ claims.

  • March 22, 2019

    Meet The Outspoken Judge Handling Epic Monsanto Case

    The California federal judge dishing out tough talk in Monsanto's high-stakes Roundup litigation is a "brutally honest" jurist who "doesn't play games" and "very much takes attorneys to task" when he sees fit. And that's what his admirers say.

  • March 22, 2019

    Lockton Unit Sues Alliant In Chancery For Poaching Workers

    An affiliate of global private insurance broker the Lockton Companies LLC sued a competitor in Delaware's Chancery Court on Friday, accusing Alliant Insurance Services of raiding its workforce and client roster — the latest in a string of poaching complaints against Alliant.

  • March 22, 2019

    Mutual of Omaha, Bank Aided $85M Ponzi Scheme, Suit Says

    The receiver of two timber companies that a Ponzi schemer used to bilk hundreds of investors out of $85 million has filed suit in Mississippi federal court against Mutual of Omaha and a Mississippi bank, alleging their agents steered investors toward the fraudulent scheme.

  • March 22, 2019

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen scandal-hit ticket seller Viagogo file suit against the U.K.'s antitrust watchdog, more merchants hit Visa and MasterCard for violating competition laws, and an Irish businessman renew his legal feud with Edgeworth Capital. Here, Law360 looks at those and other new claims in the U.K.

  • March 22, 2019

    EU Clears $6.4B Marsh-JLT Merger With Antitrust Fixes

    The European Commission said Friday that it has approved plans by Marsh & McLennan to buy its rival broking giant Jardine Lloyd Thompson Group for $6.4 billion, on the condition that JLT ditches its aerospace insurance business to address antitrust concerns.

  • March 21, 2019

    NY's Vullo Set For Hot Seat In NRA Discrimination Suit

    The National Rifle Association will have a chance to grill Maria T. Vullo, New York’s former top financial services regulator, after an Albany federal magistrate judge granted its deposition bid in its lawsuit alleging she and Gov. Andrew Cuomo sought to silence the gun rights advocacy group by squeezing the financial institutions it works with.

  • March 21, 2019

    Nationwide’s $5M Sales Robocall Deal Gets Initial Approval

    A Georgia federal judge Wednesday signed off on a $5 million proposed settlement ending claims that Nationwide Mutual Insurance violated the Telephone Consumer Protection Act with marketing robocalls to unsuspecting consumers.

Expert Analysis

  • Proving Coverage For Natural Resource Damage Claims In NJ

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    In the last year, claims for natural resource damage in New Jersey have increased. General liability insurance policies may cover these claims, if policyholders can show that both the damage and their insurance policies existed before 1986, say Robert Chesler and Nicholas Insua of Anderson Kill PC.

  • Opinion

    Limiting Supreme Court's Size Is Not Enough

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    The proposal by Sen. Marco Rubio, R-Fla., for a constitutionally mandated nine-justice U.S. Supreme Court does not address any of the well-known problems with the current system — problems that could be solved through a nonpartisan package of reforms, says Gordon Renneisen of Cornerstone Law Group.

  • Opinion

    After Air Crashes, Prompt Compensation Is The Best Option

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    With Boeing's 737 MAX aircraft grounded worldwide, and investigations underway into two recent crashes, Boeing, the airlines involved and their insurers can choose either to engage in years of unnecessary and costly lawsuits or move quickly to compensate the families of the passengers, says Robert Alpert of the ICALM Group.

  • Climate Change And Insurance: Lliuya V. RWE Makes History

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    Though Lliuya v. RWE — the first European lawsuit in which a person affected by climate change has sued a private company — is currently pending in a German appeals court, the fact that it has been allowed to proceed presents a very real risk to businesses and their insurers, say attorneys at Zelle LLP.

  • Lenders Score Major High Court Victory In Foreclosure Case

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    The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.

  • Tech Trends From SXSW Pose Unique Questions For Lawyers

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    These days, a popular theme in media is that lawyers' jobs will be taken by robots. However, based on the tech issues discussed at the South by Southwest technology conference in Austin, Texas, last month, robots may in fact need lawyers, says Nick Abrahams of Norton Rose Fulbright.

  • In Bar Admissions Process, It's Candor Or Bust

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    You passed the bar exam and are ready for the character and fitness committee interview. Time to think about how to discuss that minor incident in college, that misdemeanor in high school or that mental health issue that you have totally under control, says Richard Maltz of Frankfurt Kurnit Klein & Selz PC.

  • Series

    Judging A Book: Bashant Reviews 'Doing Justice'

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    My initial reaction to "Doing Justice" was that author Preet Bharara may have bitten off more than he could chew — an accusation leveled against him when he served as U.S. attorney for the Southern District of New York — but I found the book full of helpful gems, says U.S. District Judge Cynthia Bashant of the Southern District of California.

  • Firms Can Leverage Communications When Economy Is Slow

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    Though most experts believe that an imminent recession is unlikely, slowdown fears are increasing. Now is the time for firms to consider how to best leverage their communications and marketing teams to lessen impacts from a potential economic slowdown, says Tom Orewyler of Tom Orewyler Communications LLC.

  • Ethical Social Media Marketing For Lawyers

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    Social media presents rich opportunities to reach prospective clients. Attorneys should not let those opportunities pass them by, but they should keep their ethical obligations in mind as they post, says Cort Sylvester of Nilan Johnson Lewis PA.