Insurance

  • April 19, 2018

    Workmanship Exclusion Gets Insurer Off Hook In Fishery Row

    Rockhill Insurance Co. does not have to pay an arbitration award of nearly $900,000 with which an insured was hit for designing a shoddy river modification, after a Colorado federal court found that a faulty-workmanship exclusion in the insured's professional liability policy applies.

  • April 19, 2018

    NY Cautions Banks, Insurers About Doing Business With NRA

    New York’s top banking agency on Thursday urged state-chartered banks and insurers operating in the state to think twice about doing business with the National Rifle Association and other gun rights advocacy groups in the wake of recent deadly incidents of gun violence like the Parkland, Florida, school shooting.

  • April 19, 2018

    Liberty Mutual Hits Ex-Sales Lead With Trade Secrets Suit

    Liberty Mutual Insurance Co. sued a former lead sales rep in an upstate New York office for allegedly taking customers to a competitor, according to court papers filed Thursday in federal court.

  • April 19, 2018

    3 Phishing Insurance Coverage Cases To Watch

    Policyholders and insurers alike are eagerly anticipating guidance from a trio of federal appeals courts on whether email-based "phishing" theft schemes trigger coverage under computer fraud insurance policies. Here, Law360 breaks down the computer fraud coverage cases pending before the Second, Sixth and Eleventh circuits.

  • April 19, 2018

    AIG Sets Up Firms In Luxembourg, UK To Beat Brexit

    American International Group Inc. said Thursday it has established two new insurance firms in the U.K. and Luxembourg to minimize business disruption when Britain leaves the European Union.

  • April 18, 2018

    Lamorak Owes Olin $55M In Cleanup Row, Rakoff Rules

    U.S. District Judge Jed S. Rakoff on Wednesday ruled that Lamorak Insurance Co. owes Olin Corp. $55 million to cover the chemical producer’s payments to clean up five contaminated sites, after reducing the excess insurer’s liability by about $2.7 million, which was paid by other carriers that settled with Olin.

  • April 18, 2018

    Trustee Slams Patriot National Ch. 11 Plan On Ghost Releases

    The U.S. Trustee’s Office objected Wednesday to the latest version of insurance company servicer Patriot National Inc.’s Chapter 11 plan, saying it contains unjustified legal releases and goes too far in blocking late claims.

  • April 18, 2018

    Fla. High Court Asked To Clarify Sovereign Immunity Issue

    Two Florida appeals courts issued opinions Wednesday finding they lack jurisdiction to review lower court orders denying motions to dismiss by government entities claiming sovereign immunity because the orders did not explicitly make determinations regarding the agencies’ immunity.

  • April 18, 2018

    Locke Lord Lands Ex-Troutman Arbitration Pro In Hong Kong

    Locke Lord LLP has nabbed a Troutman Sanders LLP partner to serve as its head of arbitration for East Asia, bolstering the firm’s Hong Kong offerings with his extensive experience in both dispute resolution and noncontentious matters, with a particular focus on areas like transportation, international trade, insurance and product liability.

  • April 18, 2018

    NJ Justices Back Faulting 'John Does' In Crash Suits

    The New Jersey Supreme Court on Tuesday affirmed that unidentified motorists may by law be allocated fault in automobile accident lawsuits, potentially reducing the exposure of the named defendants, as long as the parties receive advance notice that a “John Doe” defense will be mounted.

  • April 18, 2018

    Insurer Must Pay Judgment In Absent Dr. Heart Attack Case

    A Maryland federal judge on Tuesday found Lancet Indemnity Risk Retention Group Inc. owes about $996,000 plus interest to a woman and her children after her husband died from cardiac arrest shortly after receiving treatment for chest pains from a doctor who didn’t take part in his own medical malpractice trial.

  • April 18, 2018

    GE Board Accused Of Misstating Insurance, Power Financials

    General Electric Co. officers and directors falsely stated the finances of the company's power and insurance segments, ultimately causing share prices to drop as it halved annual dividend payments and lowered its financial forecasts, a shareholder claimed in a derivative suit filed Tuesday in New York federal court.

  • April 17, 2018

    Fidelity Gets $1M Distress Award In Pregnancy Case Upended

    A California appeals court on Monday tossed a nearly $1.2 million emotional distress verdict against Fidelity by a former in-house attorney, saying that since the jury did not specifically find unlawful discrimination, the case must be handled within the workers’ compensation system.

  • April 17, 2018

    Sabra, PepsiCo Hit With Tainted-Hummus Insurance Dispute

    Sabra Dipping Co. and its part-owner PepsiCo Inc. neglected to have a PepsiCo insurer help pay for the loss from a recall of hummus that might have contained listeria, an insurer that did accept coverage for the outbreak has alleged in New York state court.

  • April 17, 2018

    No Need To Cover Photo Drone Crash At Nuptial, Insurer Says

    An insurance company shouldn’t have to cover a wedding photography company facing a lawsuit over a shoot that went horribly wrong, the insurer told a California federal court on Monday, saying the unfortunate incident in which a guest lost an eye to a drone is clearly covered by several exclusions.

  • April 17, 2018

    Real Estate Rumors: CW Realty, KSL Capital, Zom Living

    A CW Realty venture has reportedly sold three Brooklyn residential and retail buildings for $22.5 million, KSL Capital has reportedly bought a Florida Margaritaville resort from a Starwood Capital venture, and Zom Living is said to have scored $92 million in construction financing from Union Labor Life Insurance for a Chicago project.

  • April 17, 2018

    Seafood Co.'s Email Scam Loss Not Covered, 9th Circ. Says

    The Ninth Circuit found Tuesday that Travelers need not cover the losses of a Seattle-based seafood company tricked into wiring funds to a fraudster posing as a vendor in emails, agreeing with a lower court that coverage is barred because authorized employees approved the payments.

  • April 17, 2018

    Disney Asks 9th Circ. To Back AIG 'Pink Slime' Arbitration

    The Walt Disney Co. urged the Ninth Circuit on Monday to affirm an order allowing the media giant to arbitrate a dispute with AIG regarding coverage for $25 million of a settlement with a beef company that sued over ABC’s characterization of its meat byproduct as “pink slime," saying a California federal court properly exercised jurisdiction over the case.

  • April 17, 2018

    Tech 'Unicorn' DocuSign Tops 2 IPO Launches Totaling $671M

    Venture-backed electronic signature company DocuSign Inc. launched an initial public offering Tuesday estimated to raise $543 million, part of a growing number of technology “unicorns” to go public lately, and was joined by an insurer that unveiled a $128 million IPO.

  • April 17, 2018

    Cloud Systems Increasingly Under Cyberattack, Insurer Says

    Data breach insurer Beazley issued a report warning companies using Microsoft Corp.'s cloud-based business products that the number of hacks and attempted intrusions is on the rise as employees are continually duped into opening tainted emails.

Expert Analysis

  • Attorneys Should Limit Communications With Appraisers

    Brian Devilling

    Attorneys should not attempt to influence a property insurance appraiser's estimate of damages, selection of an umpire or any other substantive issue. While this may run contrary to an attorney's duty of zealous advocacy, it is necessary to avoid subsequent litigation and a potential order vacating an award, says Brian Devilling of Foran Glennon Palandech Ponzi & Rudloff PC.

  • Best Practices For Building A Better Meeting

    Nicholas Cheolas

    How can we improve meetings in the legal industry, which tends to evolve with the speed of a tranquilized water buffalo mired in quicksand? Breaking it down to three phases can yield significant benefits, says Nicholas Cheolas of Zelle LLP.

  • 5 Ways Law Firms Are Becoming More Like Hotels

    Bella Schiro

    One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.

  • How Insurers Try To Limit Coverage For Punitive Damages

    Kelby Van Patten

    Insurers treat it as a given that their policies do not cover punitive damages, and insureds often mistakenly accept that premise, but there are circumstances in which punitive damages may be covered, says Kelby Van Patten of Payne & Fears LLP.

  • Opinion

    Gorsuch's 1st Year Shows He Is A Conservative Activist

    Elliot Mincberg

    In his first year on the U.S. Supreme Court, Justice Neil Gorsuch has proven to be a narrow-minded elitist who consistently votes in favor of corporations and the powerful, acting to roll back protections for workers, consumers, LGBTQ individuals and other marginalized communities, says Elliot Mincberg of People for the American Way.

  • Why Texas Contractors Should Watch Lon Smith V. Key

    Brett Wallingford

    Many Texas contractors offer to handle insurance claims for their homeowner customers, but the Texas Supreme Court is currently considering whether to hear an appeal of a case that could deem such actions illegal, rendering their contracts void and unenforceable, says Brett Wallingford of Zelle LLP.

  • Anatomy Of An FLSA Collective Action Conditional Cert.

    Frederick Warren

    A New York federal court recently granted a conditional certification of the Fair Labor Standards Act collective action claims in Julian v. Metropolitan Life Insurance. The case is being litigated hard and well by experienced FLSA counsel on both sides. As such, it is a useful vehicle to analyze cases of this nature and some of the issues that arise, says Frederick Warren of FordHarrison LLP.

  • Finance-Savvy Millennials Are Shifting Business Of Law

    Michael Perlich

    The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.

  • Assessing Business Auto Coverage For Autonomous Vehicles

    Katherine Henry

    Courts have not yet determined whether business auto coverage extends to accidents involving autonomous vehicles. Much depends on whether or not an autonomous vehicle can qualify as an "auto," despite potentially lacking key components like steering wheels and turn signals, say Katherine Henry and Brendan Hogan of Bradley Arant Boult Cummings LLP.

  • Opinion

    Attorney-Client Privilege Is Alive And Well

    Genie Harrison

    The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.