Medidata Solutions Inc. on Monday urged the Second Circuit to uphold a lower court's ruling putting a Chubb Ltd. unit on the hook for a $4.8 million loss that Medidata suffered when it was tricked into wiring money overseas, arguing that the incident clearly constitutes covered computer fraud under its policy.
A Houston mental health center has filed suit against a former trustee turned insurance broker and the agency he works for, alleging that despite repeated assurances that its building was covered by flood insurance, it learned in the wake of Hurricane Harvey that wasn't true.
The latest legal effort to demolish the Affordable Care Act by targeting the law's individual mandate has realistic odds of gaining traction despite some likely problems with its arguments.
A California appeals court on Monday reversed a $55 million judgment that pipe-joining company Victaulic Co. won in its suit accusing three AIG units of denying coverage for product liability claims in bad faith, finding the trial court erroneously allowed certain documents to be admitted into evidence and mishandled a key witness.
CVS Health Corp. and Aetna Inc. told lawmakers Tuesday that their planned $69 billion merger will benefit consumers by giving the combined company’s insurance customers access to more local health care options through CVS’ retail presence.
A Swiss insurer fighting for a $38.2 million tax refund in the U.S. appealed two decisions against it from a D.C. federal court on Monday, saying that the Internal Revenue Service was wrong to deny it preferential tax treatment under a U.S.-Switzerland tax treaty.
Reinsurance firm Scottish Holdings Inc. reached a deal with unsecured creditors and its stalking horse bidder to gain court approval Tuesday in Delaware bankruptcy court for bidding procedures in a planned sale of its operating subsidiary's stock.
The federal government on Monday told an Indiana federal judge that an Employee Retirement Income Security Act exemption for church pension plans passed a precedential test for complying with the establishment clause, intervening in a proposed class action accusing a religiously affiliated health care provider of violating the federal labor law.
A real estate services company has filed suit in New Jersey state court against an insurance company that it says wrongly refused to pay out for a claim after the company was the victim of cyber fraud, arguing there was no cyber fraud exception in the policy.
A 20-state coalition filed suit in Texas federal court Monday seeking to put a final end to the Affordable Care Act, saying since the Trump administration eliminated the individual mandate penalty, the law’s remainder “must fall,” including requirements for minimum benefits and state insurance exchanges.
Geico fought back Monday against bids by Florida-based chiropractic network Path Medical LLC, a pair of law firms and others to shake the insurer’s federal court suit seeking to recover more than $15 million it paid out for allegedly fraudulent claims, contending that its allegations are clear and easily meet pleading requirements.
A Pennsylvania appeals court on Monday affirmed a lower court's ruling that Consolidated Rail Corp. can't access coverage for a slew of industrial pollution remediation claims under Continental Insurance Co. and Stonewall Insurance Co. excess policies, while reviving the rail company's bid to obtain coverage from an Italian excess insurer.
Bankrupt insurance services company Patriot National Inc. came under U.S. trustee and unsecured creditor fire in Delaware bankruptcy court on Monday for potential conflicts involving the corporation's chief restructuring officer and a proposal to grant broad liability releases to some pre-Chapter 11 targets of a suit filed by stockholders.
The U.S. Department of Justice on Monday abandoned much of a False Claims Act suit targeting UnitedHealth Group Inc. over Medicare Advantage billing practices, marking its second loss in a new area of FCA litigation.
A Washington state appeals court on Friday published an opinion affirming that Esurance did not have to cover the crash of an auto policy holder at a racecourse skills-training event, saying an exclusion clearly applied and the policy was enforceable.
A woman whose 6-pound Papillon was run over and killed after escaping from a dog-sitting session at an actress’ Beverly Hills home has hit the onetime Baywatch star and the dog-walking app Rover with a lawsuit in California state court, alleging the app “does nothing to vet its sitters.”
A Pennsylvania federal judge said on Friday that Lamb McErlane PC was not entitled to a half-million dollars' worth of professional liability coverage for allegedly mishandling an estate matter because an initial complaint about the firm's work predated the effective date of the firm's policy with Allied World Insurance Co.
Arnold & Porter represented Metropolitan Life Insurance Co. in connection with its $260 million loan to Rockwood Capital LLC for an office tower on East 45th Street in Manhattan, according to records made public in New York on Monday.
MassMutual and a class of hundreds of term life insurance policyholders faced off over dividends during closing arguments in a California trial Friday, with the class claiming MassMutual was ignoring the policies’ profits and MassMutual countering that the class was relying on a misleading manipulation of the numbers.
A Nebraska federal court on Friday granted Colony National Insurance a partial summary judgment in its suit with Union Pacific over coverage for a fatal 2006 train crash the railroad blames on a brush-clearing contractor, finding the insurer owes at most $3.75 million of its $5 million policy limit.
Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.
Recent court decisions should serve as an important reminder to insurers to strictly comply with all policy cancellation requirements to avoid risk liability exposure not only for the failure to pay claims but also for bad faith, says Tom Gozdziak of Foran Glennon Palandech Ponzi & Rudloff PC
Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.
Last year employers watched as a variety of regulations were rolled back to pre-Obama administration status. Allegra Lawrence-Hardy and Bonnie Burke of Lawrence & Bundy LLC discuss what happened in 2017, the developments employers should be alert to this year, and the resolutions they should make to protect their company and employees.
While each new year is expected to bring fresh challenges to the legal industry, 2018 will be particularly disruptive to the status quo. Both law firms and organizations that cater to the legal community should prepare for developments like increasing pressure from international clients and data security risks caused by multigenerational gaps, says Jeff Ton of Bluelock LLC.
A year and a half into Health Republic's liquidation, policyholders have yet to receive any money from approved claims. We will see what the Feb. 14 status conference reveals, and hopefully some of Health Republic's former policyholders will appear and participate, says James Veach of Mound Cotton Wollan & Greengrass LLP.
All too often, lawyers just think about “getting through” the deposition phase without fully taking advantage of the opportunity to develop their story. But following a few basic rules on the front end can help maximize the impact of a deposition at trial, say Bethany Kristovich and Jeremy Beecher of Munger Tolles & Olson LLP.
Over the last year, there were some interesting cases in the indirect purchaser class action arena, with district courts addressing pleading motions, class certification in “pay-for-delay” drug cases, and class certification of nationwide and multistate class claims based on California’s state antitrust law, say Chris Micheletti and Christina Tabacco of Zelle LLP.
The recently signed tax reform law will affect nearly every aspect of the American economy, and includes several changes to employee benefits and compensation arrangements. Employers must thoroughly review the law's updates to the tax treatment of stock options, compensation of top executives, retirement plan loans, IRA conversions and other activities, say attorneys with Akerman LLP.
Several significant decisions in 2017 by the Illinois Appellate Court and one federal district court should prove influential in shaping Illinois coverage jurisprudence, and set the stage for the state's Supreme Court to render key decisions in 2018 if it so chooses, say Jonathan Schwartz and Colin Willmott of Goldberg Segalla LLP.