Health care giant Aetna Inc. faces a $190,000 fine after the Pennsylvania Insurance Department said Tuesday that it found violations in the company’s coverage for services relating to autism spectrum disorder and substance use disorder that might leave consumers wondering if they are covered.
In an eleventh-hour move, former Insys Therapeutics Inc. CEO Michael Babich admitted to taking part in a scheme to bribe doctors into prescribing the company’s pricey fentanyl spray in Massachusetts federal court Wednesday and will cooperate as the criminal trial of his former co-workers kicks off later this month.
An American International Group Inc. affiliate is facing a nearly $6 million lawsuit in Pennsylvania state court after it denied coverage to a policyholder seeking to recoup losses after a collapse delayed work at a facility being renovated to rehabilitate ships and assemble naval propulsion equipment.
Ohio-based Westfield Insurance Co. on Tuesday asked an Illinois state judge to declare that it has no duty to defend a state grocery chain in an underlying biometric privacy suit, saying the store's employee is alleging an injury not covered in its policy.
The debtor entities of defunct ticket brokerage National Events Holdings LLC will be substantively consolidated in bankruptcy to further liquidation proceedings and return money to creditors, a Chapter 7 trustee attorney said Tuesday, noting an agreement reached to settle with the company’s directors and officers insurer.
Sporting goods maker Outdoor Sports Gear Inc. on Monday urged the Ninth Circuit to reverse a district court ruling that saddled it with costs for homeowners’ asbestos-related claims, arguing that the lower court should not have departed from a previous order in a coverage fight with the company’s buyer.
New York City is launching a two-pronged plan to arrange affordable health care services for its 600,000 uninsured residents, including immigrants without authorization, Mayor Bill de Blasio announced Tuesday.
Prosecutors will not be allowed to introduce evidence of an alleged $1 billion in investor losses at next month's criminal trial for four former Platinum Partners executives accused of defrauding the hedge fund's investors, a New York federal judge ruled Tuesday.
Attorneys general for 20 states and the District of Columbia have thrown their support behind Pennsylvania and New Jersey in urging a federal court to block proposed Trump administration rules allowing employers to opt out of covering contraception if they oppose its use on moral or religious grounds.
Murphy Oil Corp. cannot force a Liberty Mutual unit to fund its defense of a $25 million lawsuit blaming the oil company for a huge fire at a refinery it sold to Valero Energy Corp., an Arkansas federal judge ruled on Tuesday, because Valero’s complaint seeks only uncovered breach-of-contract damages.
The estate of a woman who died in nursing home care tried to convince the First Circuit Tuesday that a federal judge had it right the first time when she ruled an insurance claims adjuster dragged its feet before offering a $2 million settlement — well below what the family asked for — before reversing herself.
Erie Insurance Exchange is urging a Pennsylvania state judge to free it from providing coverage to a financial planning company facing claims in federal court that it willfully infringed a rival’s marketing slogan trademarks.
Insured losses due to natural catastrophes such as floods and wildfires in 2018 remained high at $80 billion worldwide but below the record $140 billion of the year before, according to a report issued Tuesday by Munich Re.
Goodman McGuffey LLP urged a Colorado federal judge Monday to dismiss Clarendon National Insurance Co.’s suit accusing the law firm of giving bad advice about policies issued to construction companies, arguing the insurer’s allegations are vague and don’t support legal malpractice claims.
A Travelers unit acted in bad faith when it sought millions of dollars from a Louisiana construction company after the insurer took over a $47.3 million restoration of a commercial shipping pier damaged during Hurricane Katrina, the builder said Friday.
The U.S. government hit tobacco distributor Good Times USA LLC and its business partners with a lawsuit in the U.S. Court of International Trade on Friday, accusing the companies of conspiring to avoid more than $750,000 in taxes on cigars imported from the Dominican Republic.
The U.S. judiciary has pushed back the date it is expecting to run out of money over the government shutdown to next week, increasing the chances that the impasse will resolve before courts may have to start cutting staff and delaying litigation.
A Second Circuit panel has declined to revisit its recent decision that Axis Insurance Co. doesn't owe Lynn Tilton's Patriarch Partners LLC $5 million to cover the costs of a U.S. Securities and Exchange Commission investigation and enforcement action, according to an order filed Monday.
The Ninth Circuit on Friday reversed a lower court's decision to hand MetLife Insurance Co. a quick win against an employee who sued the insurer after he was denied long-term disability benefits, saying the insurer never made a final decision on an administrative appeal.
The last week has seen Natixis sue a Nigerian oil refinery, a Qatar Insurance unit lodge a commercial fraud claim, and Allianz Global Investors take on some of the same major banks the institutional investor has already sued for foreign exchange manipulation in the U.S. Here, Law360 looks at those and other new claims in the U.K.
A recent opinion from the American Bar Association provides useful guidance on attorneys’ obligations to guard against cyberattacks, protect electronic client information and respond if an attack occurs, says Joshua Bevitz of Newmeyer & Dillion LLP.
A new proposal by the U.S. Securities and Exchange Commission represents a major step forward in updating the disclosure and delivery requirements imposed on the variable insurance products industry. Embracing the new regime, however, will take some work and is not without certain challenges, say attorneys with Eversheds Sutherland.
Opening comments by parties in mediation that are made with the proper content and tone can diffuse pent-up emotion and pave the way for a successful resolution. But an opening presentation can do more harm than good if delivered the wrong way, say Jann Johnson and William Haddad of ADR Systems LLC.
In Thee Sombrero v. Scottsdale, a California appellate court recently articulated that for insurance purposes, economic losses can constitute property damage even without physical damage if an insured loses the use of tangible property, say Catherine Doyle and Jan Larson of Jenner & Block LLP.
In the second installment of this three-part legislative preview, Rich Ehisen of State Net Capitol Journal examines a number of issues that should keep state lawmakers occupied next year.
Plaintiffs attorneys are winning big in civil litigation by invoking genomic susceptibility arguments, and trends suggest that property and casualty insurers will face more and larger claims as a result. But genomic data can assist both plaintiffs and defendants, say David Schwartz of Innovative Science Solutions and William Wilt of Assured Research.
In Ohio Northern v. Charles Construction, Ohio's Supreme Court recently went against the prevailing trend of courts being more inclined to find that a subcontractor's faulty workmanship can be an occurrence under a commercial general liability policy, says Jonathan MacBride of Zelle LLP.
When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.
For the first time in 15 years, Federal Rule of Civil Procedure 23, governing class actions, has been amended. There are five key changes that will likely impact future federal class action litigation and settlements, say John Lavelle and Terese Schireson of Morgan Lewis & Bockius LLP.
The greater frequency and severity of weather-related catastrophes in areas with increasing property values present significant challenges for the insurance industry, especially in cities like Boston that are particularly susceptible to rising sea levels, says Jeffrey Gordon of Zelle LLP.