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Insurance

  • November 16, 2018

    Insurer Must Cover $1M Of Car Crash Awards, Court Affirms

    Mount Vernon Fire Insurance Co. must cover a $1 million share of $1.8 million in awards that a car crash victim won against its policyholder, a Connecticut appellate court affirmed Friday, rejecting the insurance company's argument that it has no obligation to pay under its umbrella policy because the insured had insufficient primary coverage.

  • November 16, 2018

    Fla. High Court Gets 'Like' From Attys On Facebook Decision

    The Florida Supreme Court's ruling Thursday that the mere existence of a Facebook friendship between a judge and litigator is not grounds for disqualification drew a “like" from attorneys who applauded the court for a narrow ruling that acknowledges the realities of social media relationships.

  • November 16, 2018

    DOJ Pans Maryland's Suit Aimed At Saving ACA

    The U.S. Department of Justice late Friday scoffed at Maryland’s newly launched lawsuit aimed at shielding the Affordable Care Act from a constitutional challenge, arguing that the state has no right to the ACA’s continued existence.

  • November 16, 2018

    10th Circ. Sides With Wheat Farmers Over USDA Insurance

    The Tenth Circuit sided with a group of Colorado wheat farmers Friday in their lawsuit against the U.S. Department of Agriculture and the Federal Crop Insurance Corp. over calculations that the farmers said limited their ability to insure against losses.

  • November 16, 2018

    New Health Reimbursement Rule Stokes Cost, Bias Concerns

    The Trump administration claims its recently proposed health reimbursement arrangement rule, which allows companies to give workers money to buy their own health insurance, won’t saddle low-income workers with steep medical bills or leave those with pre-existing conditions in the lurch. But experts are split on whether provisions meant to protect workers from health-based discrimination and high health-care costs will be strong enough.

  • November 16, 2018

    Mnuchin Cleared To Seek Funds From Relativity D&O Policy

    U.S. Treasury Secretary Steven Mnuchin should not be hindered by Relativity Media’s Chapter 11 case from seeking $207,000 in reimbursement from a directors and officers insurance policy maintained by the studio, a New York bankruptcy judge ruled Friday, saying the former company co-chairman appears covered by the policy.

  • November 16, 2018

    IT Co. Not Owed Coverage Of Trademark Suit, Judge Says

    A Virginia federal court ruled Friday that Sentinel Insurance Co. doesn’t have to defend or indemnify information technology company Synaptek Corp. in a trademark infringement lawsuit brought by a similarly named competitor, holding that all of the underlying claims are clearly excluded from coverage under Synaptek’s policy.

  • November 16, 2018

    Meet The Judge Who Controls Fate Of ACA, Trump's AG

    The Maryland federal judge in the extraordinary position to decide the future of both the Affordable Care Act and President Donald Trump’s acting U.S. attorney general is an evenhanded and genial jurist known for exhaustively analyzing legal issues, lawyers say.

  • November 16, 2018

    Allstate Fights Electrolux Bid To Trim Dryer Fire Suit

    Allstate Insurance Co. has countered Electrolux Home Products Inc.’s efforts to duck punitive damages for fires caused by certain types of clothes dryers in a Pennsylvania federal court, with the insurer pointing to multiple indicators the company allegedly knew for years that its dryers were unsafe.

  • November 16, 2018

    Lloyd's Sues Over Coverage Advice In $64M Malpractice Row

    Lloyd's of London underwriters sued a New York lawyer Thursday for allegedly advising them to deny coverage for a malpractice case against a former Dickstein Shapiro LLP lawyer that resulted in a $64 million judgment and later litigation that cost them more than their coverage limits.

  • November 16, 2018

    Reinsurance Award Over Boy Scouts Molestation Cases OK'd

    A Massachusetts federal judge on Friday confirmed a confidential arbitration award to certain Lloyd's of London underwriters following a reinsurance dispute with Century Indemnity Co. that stemmed from decades-old sexual molestation allegations involving the Boy Scouts of America.

  • November 16, 2018

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

    The last week has seen a new suit against Credit Suisse over debt investment, Kuwait's social security agency take on Man Group, and Allianz and several food distributors sue one of the world's biggest container shipping companies. Here, Law360 looks at those and other new claims in the U.K.

  • November 16, 2018

    Texas Justices Won't Hear Cert. Row In Key Contractor Case

    The Texas Supreme Court on Friday stood by its decision to not hear a roofing contractor’s challenge to a ruling that certified a class of property owners who claim the company unlawfully acted as an insurance adjuster, leaving intact a decision that could impact all Texas contractors who negotiate insurance claims.

  • November 15, 2018

    AIG Must Cover Port Authority Asbestos Claims, Court Affirms

     A New York appeals court on Thursday affirmed that an AIG unit must defend the Port Authority of New York and New Jersey and several contractors against asbestos claims brought by construction workers on the original World Trade Center, agreeing with a lower court that coverage is triggered for claims tied to alleged asbestos exposures at the building site.

  • November 15, 2018

    Insurer Must Face Fraud Claim Over Release, 3rd Circ. Says

    An insurer may be held liable under New Jersey’s Consumer Fraud Act in a suit alleging a company agent fraudulently induced a woman into releasing one of its other customers from liability over a car crash, the Third Circuit said Thursday in a precedential opinion reviving her class action CFA claim.

  • November 15, 2018

    Life Settlements Firms Open Del. Ch. 11 As Debt Limit Nears

    Irish and Bermuda affiliates of specialty finance company Emergent Capital Inc. opened a Delaware Chapter 11 late Wednesday as their $2.8 billion life settlements investment subsidiary neared a collision with its $370 million borrowing limit.

  • November 15, 2018

    Insurer Can't Sue Renter Over RV Fire, Minn. Justices Say

    The Minnesota Supreme Court on Wednesday affirmed that a state statute bars Depositors Insurance Co. from suing the renter of a policyholder's RV to recover money it paid out after the vehicle spontaneously combusted.

  • November 15, 2018

    Judge Won't Quash AGs' Subpoenas In Generic Pricing MDL

    The New York and Connecticut attorneys general can keep sending subpoenas to drugmakers as part of their broader investigations into generic-drug price-fixing, a Pennsylvania federal judge has ruled, despite the drug companies’ concern the investigations were circumventing the discovery process for a sprawling multidistrict litigation.

  • November 15, 2018

    Deals Rumor Mill: Centrexion, Dayco, JD Group

    Centrexion Therapeutics Corp. has reportedly decided to postpone its plans to go public, Apollo Global Management and Gores Group have lobbed bids for engine parts maker Dayco Products, and JD Group is selling FTLife Insurance Co Ltd.

  • November 15, 2018

    DOJ Cuts Deal With Hospital In Patient-Steering Suit

    The U.S. Department of Justice announced Thursday it has struck a deal with a North Carolina hospital system in the department’s suit alleging the health care network used its stronghold in the local market to keep major health insurers from informing patients about lower-cost hospitals.

Expert Analysis

  • Maximizing Insurance Payouts After The California Fires

    Richard Giller

    California residents impacted by the ongoing 2018 fires can benefit from recently enacted legislation as well as several important insurance lessons learned from the claims submitted in connection with the 2017 wildfires, say Richard Giller and Katherine Ellena of Reed Smith LLP.

  • Rise Of The CMOs

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    Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.

  • Q&A

    A Chat With Bryan Cave Innovation Chief Katie DeBord

    Katie DeBord

    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 Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.

  • Don't Panic: Harvey Doesn't Alter Florida's Bad Faith Standard

    Stephen Marino

    Despite the Florida Supreme Court’s consistency with 80 years of precedent in its latest bad faith ruling, Harvey v. Geico, the dissenting opinions — and recent commentary — predict that “mere negligence has now become bad faith” and warn of fabricated claims and market chaos. Stephen Marino and Benjamin Hassebrock of Ver Ploeg & Lumpkin PA disagree.

  • Simple Secrets For Improving Your CLE

    Daniel Karon

    With few cases going to trial, many attorneys keep their oral-presentation skills sharp by teaching continuing legal education programs. To avoid giving a CLE that falls flat and damages your reputation, you must fashion a thoughtful message, control its presentation, and nail the beginning and ending, says Daniel Karon of Karon LLC.

  • New Construction Trends And Their Impact On Contracts

    Joanna Horsnail

    Trends and technologies such as performance-based and resilience-oriented design, modular construction, and the use of drones are changing complex construction and engineering projects — and will require careful consideration and analysis during project negotiation and contracting, say attorneys with Mayer Brown LLP and engineers with Exponent Inc.

  • It’s Time For Law Firms To Start Talking About Gen Z

    Eliza Stoker

    Since the oldest members of Generation Z aren’t even finished with law school yet, law firm management is in a unique position to prepare for their entrance into the legal workforce, says Eliza Stoker of Major Lindsey & Africa.

  • Clear, Concise Disclosures For Variable Contracts In Sight

    Ronald Holinsky

    The U.S. Securities and Exchange Commission's recent proposals to improve disclosures about variable annuities and variable life insurance contracts should go a long way in enhancing the investment experience for retail investors, say Ronald Holinsky of Lincoln Financial Group and Robert Robertson of Dechert LLP.

  • State Net

    How The States Fared In The Midterms

    Lou Cannon

    Lou Cannon, editorial adviser and columnist at LexisNexis State Net Capitol Journal, dissects the results of the governor’s races and state legislative chambers in the 2018 midterm elections.

  • A Post-Election Survey Of The Health Care Ecosystem

    Andrew Bab

    Health care featured prominently in the 2018 midterm election campaign. Here, attorneys with Debevoise & Plimpton LLP offer thoughts on what the election results and a divided Congress mean for different sectors of the health care industry.