Insurance

  • August 31, 2009

    AIG Asks Judge To Toss Pigskin Premium Dispute

    American International Group Inc. is urging a federal judge in Florida to dismiss a suit brought by the owners of the former Las Vegas Gladiators football team over premiums for a workers' compensation policy.

  • August 31, 2009

    5th Circ. Reverses Wilshire Duty To Defend Ruling

    The U.S. Court of Appeals for the Fifth Circuit has found that Wilshire Insurance Co. had a duty to defend a construction company whose faulty foundation failed to protect a home from shifting earth, reversing a ruling from the U.S. District Court for the Western District of Texas.

  • August 28, 2009

    Aon Judge Has Change Of Heart

    The federal judge that chastised insurer Aon Corp. just days ago has done an about-face, effectively granting it most of the relief sought in connection to the dismissal of two underwriters from a lawsuit seeking to hold them responsible for excess coverage of a $2.6 million personal injury judgment.

  • August 28, 2009

    Zurich Told It Must Cover Relocation In Oil Spill Case

    A federal judge has ruled that Zurich American Insurance Co. must pay a transportation company $153,000 to cover the temporary relocation of its employees from its headquarters while an oil spill was cleaned up at the site.

  • August 28, 2009

    Defunct La. Hospital Slams Insurer With $59M Suit

    River West LP is seeking more than $58.5 million from American Guarantee and Liability Insurance Co., claiming the insurer’s failure to cover hurricane damage caused the Louisiana medical center’s bankruptcy and subsequent demise.

  • August 28, 2009

    Lanier Starts New Bad Faith Insurance Group

    Insurance companies who jilt customers out of coverage after a disaster, be warned: Phillip N. Sanov and his new team at The Lanier Law Firm are gunning for you.

  • August 28, 2009

    Del. High Court Keeps Insurer's Intel Suit Alive

    Delaware's highest court has backed a lower court's decision not to dismiss a case brought by American Guarantee and Liability Insurance Co. against Intel Corp. over whether the insurer should be responsible for defending the microprocessor giant in ongoing antitrust litigation.

  • August 28, 2009

    Class Claims Deferred In Hartford Subrogation Suit

    A Florida man accusing Hartford Underwriters Insurance Co. of illegally enforcing subrogation rights on policyholders' medical payment benefits has decided not to pursue class allegations until the court has contemplated the merits of his individual claim.

  • August 27, 2009

    Kilpatrick Stockton Adds 2 Dickstein Insurance Attys

    Kilpatrick Stockton LLP has bolstered its insurance litigation practice by snagging two partners from Dickstein Shapiro LLP, the firm announced Thursday.

  • August 27, 2009

    Calif. Ins. Commissioner To Sue Over $1B Fund Sale

    California's insurance commissioner has challenged a plan to sell the State Compensation Insurance Fund for $1 billion as unconstitutional, vowing Thursday to sue the state's finance department over the decision to use the money to fill California's budget gap.

  • August 27, 2009

    1st Circ. Sides With Insurers V. Equipment Lessor

    A federal appeals court has ruled that equipment leasing company Balboa Capital Corp. cannot cancel existing insurance agreements covering the equipment it leases without cause, reversing a district court's judgment.

  • August 27, 2009

    FEMA Faces New Suit Over Flood Insurance Program

    WildEarth Guardians has sued the Federal Emergency Management Agency in an ongoing attack by environmental groups on the National Flood Insurance Program, which they argue encourages development at the expense of endangered species.

  • August 27, 2009

    Reinsurers Appeal Arbitration Panel Appointment

    Chafing at the reinstatement of an arbitration panel, reinsurers Century Indemnity Co. and R&Q Reinsurance Co. are taking their dispute with Public Service Mutual Insurance Co. over coverage of a multimillion-dollar environmental claim to the U.S. Court of Appeals for the Second Circuit.

  • August 27, 2009

    Enterprise Faces Class Action Over Rental Insurance

    A former Enterprise Rent-A-Car Co. customer has hit the rental car company with a class action alleging it fraudulently misrepresented the terms of its personal accident insurance benefit in its marketing and sale of the policy to potential renters over the past five years.

  • August 27, 2009

    Xcel Fails To Broaden Coverage For $120M Cleanup

    A Minnesota appeals court has affirmed a lower court decision that established Minnesota as the proper venue, and the state's allocation method as the best way to divvy up costs, in Xcel Energy Inc.'s dispute with insurers over $120 million of environmental cleanups in Wisconsin.

  • May 8, 2009

    More Uniform State Insurance Standards Needed: GAO

    As lawmakers consider proposals to create more federal oversight of the insurance industry, the U.S. Government Accountability Office has recommended that Congress work to ensure states apply more consistent licensing standards for insurance brokers, especially concerning criminal background checks.

  • August 27, 2009

    Health Insurance Price-Fixing Suits Merged Into MDL

    The U.S. Judicial Panel on Multidistrict Litigation has consolidated four antitrust cases alleging that insurance companies including WellPoint Inc., Anthem Inc. and Blue Cross of California improperly calculated the usual, customary and reasonable rates of reimbursement for out-of-network health care services.

  • August 27, 2009

    Lyondell Creditors Seek To Limit Use Of D&O Policies

    Creditors of Lyondell Chemical Co. have asked a bankruptcy judge to impose a “reasonable limit” on how much Lyondell can draw from insurance policies covering litigation against the company's directors and officers, arguing that those policies are the property of the estate and should be protected.

  • August 26, 2009

    Most Claims Survive In Uzbek Tea War Insurance Suit

    A federal judge has allowed all but one claim to move forward in an insurance coverage dispute between Interspan Distribution Corp. and Liberty Insurers Underwriter Inc. stemming from alleged kidnappings and extortion in a tea industry turf war in Uzbekistan.

  • August 26, 2009

    1st Circ. Nixes Insurer's Appeal In Attachment Fight

    Saying it lacks jurisdiction, a federal appeals court has dismissed United States Fidelity & Guaranty Co.'s appeal in a fight with fellow insurer Arch Insurance Co. over USF&G's attachment to $3.5 million worth of Massachusetts real estate assets.