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Insurance

  • August 10, 2018

    Health Co. Says Insurer Owes Coverage For Benefits Dispute

    A health management solutions company accused Atlantic Specialty Insurance Co. in Iowa federal court Friday of wrongly denying coverage for costs incurred from an Employee Retirement Income Security Act suit over a purchase by the company's employee stock ownership plan.

  • August 10, 2018

    DC Metro Contractor Sues Insurer, Bond Co. For $2.1M

    A subcontractor on a Washington, D.C., metro improvement project slapped a contract bond provider and an insurance company with a suit in Illinois federal court on Thursday, alleging it’s owed $2.1 million under a payment bond after a bankruptcy court ordered it to give the money back.

  • August 9, 2018

    UnitedHealthcare Beneficiaries Seek Cert. In Coverage Suit

    A proposed class of beneficiaries accusing UnitedHealth Group Inc. and two subsidiaries of having a policy that improperly denied claims for prosthetic devices in violation of federal benefits law asked a California federal judge to certify a class of nearly 1,900 members, arguing that they fulfilled the statutory requirements.

  • August 9, 2018

    Condo Co. Not Owed Defense In IP Suit, 11th Circ. Affirms

    The Eleventh Circuit on Thursday ruled that Aspen Specialty Insurance Co. does not have to cover a Florida condominium group’s costs to defend a trademark infringement lawsuit filed by the owner of an Alaska hotel, agreeing with a lower court that a policy exclusion for intellectual property claims bars coverage.

  • August 9, 2018

    Real Estate Rumors: Aetna, NB Private Capital, Stiles

    Stiles Corp. has reportedly sold a Florida grocery-anchored mall for $17.88 million, Aetna is said to be taking roughly 100,000 square feet in New York, and NB Private Capital has reportedly bought a Chicago student housing property for $73.5 million.

  • August 9, 2018

    Rebate Climate, Amazon Doom Cigna's Rx Deal, Icahn Says

    Activist investor Carl Icahn on Thursday lobbed his latest attack against Cigna’s proposed $67 billion bid for Express Scripts, warning that burgeoning competitor Amazon and growing calls to end revenue-driving rebates could doom the “ridiculous” and “ill-conceived” deal.

  • August 9, 2018

    Pa. Justices Won’t Hear $8M Asbestos Reinsurance Dispute

    Pennsylvania’s Supreme Court declined to take up a case over reinsurance coverage on asbestos claims, letting a trial court’s nearly $8 million judgment against OneBeacon Insurance Co. stand.

  • August 9, 2018

    Marcus & Auerbach Seek $4M Fees In 2nd Major Annuity Deal

    Marcus & Auerbach LLC asked a Massachusetts federal judge Wednesday for final approval of a settlement that would guarantee the annuities of 5,000 Aviva PLC customers at a value of up to $41 million and include $4.1 million in attorneys’ fees.

  • August 9, 2018

    Tax Residence Means Physical Presence, UK Isles Say

    Banks, insurers and company headquarters wanting to be taxed in the British dependencies of Jersey, Guernsey and the Isle of Man may have to show they hold physical board meetings and have sufficient staff on the islands as of next year, recently published government documents show.

  • August 9, 2018

    Weinstein Given Until Sept. To Respond To Chubb's UK Suit

    Harvey Weinstein has been given until September to file a response in a London court to attempts by the European arm of U.S. insurer Chubb Group to avoid covering the American movie producer's legal costs from fighting several sexual assault lawsuits.

  • August 8, 2018

    Bowles Rice, Title Insurer Set For Trial In $41M Contract Row

    Bowles Rice LLP is headed to trial against a longtime partner, title insurer First American, after a federal court ruled Wednesday enough facts remain disputed about the law firm's share of blame around a $41 million settlement following the rocky construction of a coal power plant, whose title First American insured.

  • August 8, 2018

    4th Circ. Says Hartford Off Hook For Ambulance-Chasing Suits

    The Fourth Circuit affirmed Tuesday that a unit of The Hartford Financial Services Group Inc. doesn’t have to defend a law firm facing two proposed class actions claiming it unlawfully used state crash records to solicit clients, agreeing with a lower court that a pair of policy exclusions apply to bar coverage.

  • August 8, 2018

    Lift Block On Trump Birth Control Rules, Gov't Tells 9th Circ.

    The U.S. government has urged the Ninth Circuit to scrap a nationwide block on Trump administration rules that exempt employers with moral or religious objections from providing birth control coverage under the Affordable Care Act, pointing to the court's recent ruling in a dispute over so-called sanctuary cities. 

  • August 8, 2018

    Insurance Inspectors Strike $2.4M Deal To End Wage Suit

    Overland Solutions Inc. struck a $2.4 million deal Wednesday with a proposed class of insurance inspectors who claim they were misclassified as independent contractors and denied proper wages, sending the deal to a California state judge for approval.

  • August 8, 2018

    $10M Tornado Coverage Row Needn't Be Arbitrated, Court Told

    The owners of a New Orleans warehouse that was destroyed in a 2017 tornado urged a Louisiana federal judge on Wednesday to hold that it doesn’t have to arbitrate a $10 million coverage dispute with a slew of domestic and foreign insurers, contending that the arbitration provision in its policies is unenforceable.

  • August 8, 2018

    Settlement Breach Suit Over $50M Aflac Demand Can Proceed

    A Georgia federal court has decided to allow a suit alleging that a woman breached a 25-year-old settlement agreement by sharing details about her original claims with an attorney handling a different suit against Aflac Inc., who then threatened further legal action against the insurance company unless it paid $50 million.

  • August 8, 2018

    Napoli Bern Insurer Wants Out Of $4M Award In Atty Fee Spat

    An insurer for the now-defunct asbestos plaintiffs giant Napoli Bern Ripka Shkolnik LLP wants a New York federal judge to say it won’t have to pay a $4 million-plus arbitration award for a Los Angeles lawyer who accused the firm of cutting him out of lucrative case referral fees.

  • August 8, 2018

    Deals Rumor Mill: Tronc, UnitedHealth, Ping An

    Tronc is reportedly considering selling the Chicago Tribune to a private equity firm, UnitedHealth inked a tentative deal to buy Genoa Healthcare from Advent International, and Ping An is mulling a deal to buy the Asia division of Prudential PLC.

  • August 8, 2018

    Va. Power Co. Wants Insurers To Defend It In Injury Suit

    A Virginia power company has filed suit in federal court accusing Continental Western Insurance Co. and other carriers of shirking their contractual duty to defend it against a lawsuit filed by a man who was shocked after his vehicle was hit by a downed power line.

  • August 8, 2018

    Monitronics Seeks Coverage In $28M Robocall Settlement

    A home security company has sued its insurers in Texas federal court, claiming they refused to honor their agreements and indemnify the company for a $28 million settlement in multidistrict litigation that accused the company of making calls to numbers listed on the National Do Not Call Registry.

Expert Analysis

  • Series

    Clerking For Ginsburg: 4 RBG Lessons On Having It All

    Rachel Wainer Apter

    Justice Ruth Bader Ginsburg is everything she is cracked up to be​ — f​eminist icon​, brilliant jurist​, fierce dissenter. She is also an incredible boss, mentor and friend.​ ​Her advice has shaped how I have tried to balance building a career and ​raising children, says Rachel Wainer Apter, counsel to the New Jersey attorney general.

  • Jobs Act 3.0 May End Dodd-Frank Repeal Efforts

    Lai King Lam

    If Jobs Act 3.0 is signed into law, it will reflect the GOP’s pivot away from the wholesale repeal of Dodd-Frank and its embrace of a piecemeal strategy to chip away at the 2010 law. Though capital formation is the headliner of Jobs Act 3.0, this bill does contain a few Dodd-Frank reform measures that have been overlooked in most news coverage but are worth highlighting, says Lai King Lam of McGuireWoods Consulting LLC.

  • Fortuity Rules May Incite Coverage Row Over Opioid Lawsuits

    Monica Sullivan

    Recent cases like Miami-Luken v. Navigators emphasize that losses must be accidental and fortuitous to be covered by insurance. Since most opioid lawsuits allege that defendants knowingly caused harm, companion insurance coverage suits will continue to raise issues such as prior knowledge and known loss, say Monica Sullivan and Jodi Green of Nicolaides Fink Thorpe Michaelides Sullivan LLP.

  • Series

    Clerking For Ginsburg: How To Play The Long Game

    Arun Subramanian

    One of us was a clerk when Justice Ruth Bader Ginsburg read her Ledbetter dissent from the bench, inviting Congress to act, and the other clerked a few years later, when RBG's prominently displayed copy of the Lilly Ledbetter Fair Pay Act served as a daily reminder that dissents are not just for show, say Arun Subramanian and Mark Musico of Susman Godfrey LLP.

  • Liability Insurance Policies May Cover PAGA Lawsuits

    Shaun Crosner

    Although some employment practices liability and directors and officers liability insurers might not acknowledge it readily, California employers may be entitled to broad coverage for Private Attorneys General Act lawsuits — including a defense and indemnity for PAGA settlements and judgments, says Shaun Crosner of Pasich LLP.

  • Series

    Clerking For Ginsburg: In Pursuit Of Precision

    Trevor Morrison

    As clerks for Justice Ruth Bader Ginsburg, we learned early on that, when preparing a memorandum or draft opinion, it was essential to present any opposing argument in its strongest possible light. There is a lesson here for today's public debates, says Trevor Morrison, dean of NYU Law School.

  • Crypto Economy Presents Novel Challenges For Insurers

    Thomas Caswell

    In cryptocurrency insurance, volatility disproportionately affects every stage of an insurance policy's life cycle from underwriting to adjustment of losses. This creates real challenges — especially when it comes to valuing losses, say Thomas Caswell and Dennis Anderson of Zelle LLP.

  • Series

    Clerking For Ginsburg: My RBG Guide To Judging

    Goodwin Liu

    I clerked for Justice Ruth Bader Ginsburg before the days of RBG bobbleheads and “You Can’t Spell Truth Without Ruth” T-shirts. I had no idea I would become a judge, and I feel lucky every day that I had the chance to learn from her, says California Supreme Court Justice Goodwin Liu.

  • Series

    Clerking For Ginsburg: 4 Things I Learned

    Judge John Owens

    A lot has changed since I clerked for Justice Ruth Bader Ginsburg 20 years ago. At that time, I had hair and no wife. I also thought I knew everything — but working for the justice made me realize very quickly that I actually knew very little, says Ninth Circuit Judge John Owens.

  • Series

    Clerking For Ginsburg: The Equality Lessons

    Margo Schlanger

    In 1993, Ruth Bader Ginsburg was confirmed to the U.S. Supreme Court, and I began my two-year clerkship with her. In her first opinion as a justice, and in dozens since, Justice Ginsburg reminded us how the law needs to operate if equality is to be a reality, says Margo Schlanger, a professor at the University of Michigan Law School.