A Kansas judge has ruled that the liability insurer for a pilot killed in a 2013 plane crash must cover an $11.6 million judgment entered against the pilot’s estate in a wrongful death lawsuit, finding that the insurer’s failure to promptly offer its $100,000 policy limit to settle the claim led to the massive award.
A Delaware vice chancellor encouraged former real estate mogul Nicholas Schorsch, a Vereit Inc. affiliate and others to soldier on Wednesday in an $18 million fee advancement dispute linked to litigation over the meltdown of American Realty Capital Partners in 2015
The U.S. Department of Justice is entitled to testimony from Anthem Inc. as part of a False Claims Act probe of potential Medicare Advantage fraud, a New York magistrate judge has decided.
A Texas bankruptcy court on Tuesday imposed more than $370,000 in fines and held in contempt a life insurance trustee who violated a court order not to launch new litigation over the ownership of insurance policies that were bought by Life Partners Holdings Inc.
Counsel for a class of 270,000 retirement plan participants urged a Tenth Circuit panel to revive their suit against Great-West Life & Annuity Insurance Co. over its distribution of investment profits Wednesday, arguing that the insurer must be considered a fiduciary under the Employee Retirement Income Security Act.
A $990,000 settlement resolving a class action accusing Capgemini North America Inc. of cheating Indian national employees out of health care insurance cleared its final hurdle Tuesday when an Illinois federal judge granted final approval.
A group of global insurance regulators on Wednesday proposed suspending publication of its list of systemically important insurers who must comply with tougher capital rules, saying it wants to review the way it assesses the size of capital buffers.
A law firm was allowed to withdraw as counsel for a New Jersey homeowner Tuesday in an insurance fraud suit brought by mortgage lender Wilmington Savings Fund Society FSB, after a federal judge determined the defendant has not been responsive with her attorneys or paid her legal bills.
A spate of deadly wildfires that has scorched hundreds of thousands of acres in California may end up costing insurance companies $6 billion or more, according to a report issued Monday by Moody’s Investors Service Inc.
A Texas law firm defended its involvement Monday in an insurer client's coverage dispute with a seed company, saying one of the firm’s support staff had indeed previously worked for the seed company but left long before the grounds for a coverage dispute were even known.
Blue Cross Blue Shield of Florida was hit with a suit on Tuesday claiming it has created an unlawful stranglehold on Affordable Care Act policies in the Sunshine State by having brokers agree not to carry policies from any other insurer.
Atlantic Casualty Insurance Co. filed suit Tuesday against a sports bar it insures to avoid paying for an underlying suit by four customers over an intoxicated patron who crashed his car into the Cincinnati-area bar, telling an Ohio federal court that several exclusions apply to bar coverage.
The U.S. Supreme Court said Tuesday it won't hear a group of retirees' challenge to a Sixth Circuit opinion that found Honeywell International Inc. didn't owe them lifetime health care benefits.
A London court has ruled that 23 former executives at AIG are entitled to deferred bonuses pre-dating the financial crisis that could be worth more than $100 million despite the units' involvement in the risky trading that nearly brought down the insurance giant.
The Ninth Circuit on Friday asked Washington state’s high court to consider whether Selective Insurance Co. of America must cover T-Mobile’s costs in a lawsuit alleging its antenna installation contractor damaged a building in the Bronx in New York, saying Washington state law is unsettled on a critical issue in the case.
A Wisconsin agency has appealed to the Seventh Circuit a ruling blocking the state from excluding gender-confirming medical care from state employees' health coverage and entering jury awards in favor of two transgender workers at the University of Wisconsin who were denied such care.
The last week has seen a pair of disputes involving asset manager CGrowth, another suit from private equity-linked firms taking on parties linked to Thailand's KPN Group and Kodak bring a competition case against Goldman, Glencore and others the film giant has accused of manipulating aluminum prices in the U.S. Here, Law360 looks at those and other new claims in the U.K.
Excess insurer Arrowood Indemnity Co. urged a Washington federal judge to hold that Costco's failure to secure its consent for an $8 million settlement of a gender bias class action relieves the insurer of any coverage duties, while Costco countered Arrowood waited too long to object to the deal.
A man who was injured in a scuffle as he walked in on a murder-suicide is urging Pennsylvania's highest court to uphold a decision finding that Erie Insurance Exchange was responsible for the cost of defending the gunman's estate in a lawsuit over the incident.
Timeshare owners have asked a Florida federal court to sanction Marriott Ownership Resorts Inc. in a proposed class action claiming the timeshare company and its insurer duped them into invalid real estate deals with Orange County's help, saying it intentionally withheld "massive amounts" of documents during discovery.
The Massachusetts federal district court's decision in Plainstow Project v. Ace Property & Casualty Insurance illustrates a recent pro-policyholder outcome as to the interplay of a policy's pollution exclusion and the viability of its “sudden and accidental” exception, say Alexander Bandza and Brian Scarbrough of Jenner & Block LLP.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game and trends in journalism.
Attorneys should think beyond the Veterans Day parades and use their time and talents to help the many veterans facing urgent legal issues, says Linda Klein of Baker Donelson Bearman Caldwell & Berkowitz PC.
With this week's reimposition of the final tranche of U.S. sanctions against Iran, foreign subsidiaries of U.S. companies must ensure they have concluded all Iran-related business. The addition of more Iranian individuals and entities to the specially designated nationals list means additional compliance risks, say attorneys with Kirkland & Ellis LLP.
The California Court of Appeal's recent decision in Montrose v. Superior Court, which held that trial courts deciding coverage cases that involve multiple layers of insurance must analyze each policy, is unsurprising given the California Supreme Court's analysis in similar cases, though some inconsistencies may need to be addressed, say Robert Anderson and Gary Spencer of The Anderson Edge.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
With the anticipated wave of insurance litigation involving Hurricane Harvey disputes, it's likely that Texas lawyers will look to circumvent the so-called Hail Bill. Courts should continue to enforce the bill's clear intention — promoting early resolution of disputed weather-related insurance claims, say Brian Odom and Raven Atchison of Zelle LLP.
Social engineering claims have often faced coverage denials under cyber or computer fraud insurance policies, but two circuit courts have reversed the trend in recent months. Combined with the legislative focus on cybersecurity and privacy at the federal level, these cases could mean big changes for cyber insurance, say Erin Illman and Alex Purvis of Bradley Arant Boult Cummings LLP.
A recent interagency order exempting premium finance accounts from the Bank Secrecy Act's customer identification program rules will allow financial institutions to concentrate more anti-money-laundering resources on products and services that pose a greater risk, say Carlton Greene and Danielle Giffuni of Crowell & Moring LLP.
In UnitedHealthcare v. Azar, a D.C. federal court recently determined that it was too easy for Medicare Advantage health plans to be accused of fraud based on erroneous data. Though the court struck down a regulation instructing plans to use "reasonable diligence," plans should not scale back compliance programs, says Michael Kolber of Manatt Phelps & Phillips LLP.