Excess insurer American Guarantee and Liability Insurance Co. told a Texas federal court on Friday that Chubb Ltd. should pony up the extra money it was forced to pay in a wrongful death action, arguing that Chubb had rejected a $2 million offer to settle the underlying suit.
The U.S. government didn't violate the Fifth Amendment rights of Lloyd's of London underwriters and other insurers by blocking efforts to recover tens of millions of dollars from Libya over its sponsorship of terrorist attacks, the Federal Circuit affirmed Monday, saying the carriers should have expected government interference with their claims.
A Medmarc Casualty Insurance Co. unit on Friday hit medical device maker Medtronic PLC with a suit in Virginia federal court, alleging Medtronic negotiated a sloppy and deceitful settlement to end underlying pelvic mesh claims and is therefore not entitled to $17.3 million in coverage.
Ace American Insurance Co. told the Eleventh Circuit on Friday that a Georgia federal judge erred in forcing it to cover now-bankrupt Exide Technologies for a $1.1 million judgment over acid damage at a battery factory owned by Wattles Co., asserting Exide's policy was meant to contain an exclusion for pollution claims.
RSUI Indemnity Co. on Friday asked the Fifth Circuit to turn down staffing agency Adi WorldLink LLC’s attempt to revive its claim for coverage for a chain of employee arbitrations, saying because the first claim was late it had the right to reject the entire batch.
Connell Foley LLP has added 11 LeClairRyan trial attorneys to its Newark, New Jersey, office in a coup that the firm on Monday said will boost its litigation, insurance and professional and products liability practices.
T-Mobile has asked the Ninth Circuit to overturn a lower court ruling that allowed an insurer to dodge coverage on a legal theory that materialized only years after T-Mobile filed its claim, with the telecom calling its case a “textbook example” of why Washington’s equitable estoppel doctrine exists and floating the possibility of certification to the state’s Supreme Court.
The U.S. Department of Justice has gone to bat for Marion HealthCare LLC in the surgery center’s antitrust suit against Southern Illinois Healthcare, telling an Illinois federal court SIH is wrong to argue that an appeals court ruling means its disputed insurance contracts are legal “as a matter of law.”
Apple and Cisco recently announced they are teaming with two insurers to offer discounted cyberinsurance policies for companies that use the tech giants' products to help guard against digital threats, a partnership that experts say could spur the sale of cyber coverage among reluctant businesses scared off by high premiums and daunting deductibles.
Jackson National Life Insurance Co. can't appeal a ruling that it must pay attorneys' fees to a customer in a death benefit dispute until the lower court says how much the company owes, the Seventh Circuit said Friday in tossing the case.
An Illinois federal judge has refused to drop a class action alleging State Farm secretly funneled millions to a judge’s election campaign with hopes that he’d overturn a state court’s $1.05 billion judgment against it, rejecting the insurer’s argument that the racketeering claims are an attempt to relitigate the state court case.
A putative class of Kindred Healthcare Inc. shareholders launched a lawsuit in Delaware federal court Thursday over its $4.1 billion acquisition by Humana and two private equity firms, alleging that the company filed an incomplete proxy statement that does not allow them to assess the fairness of the deal.
The last week has seen another contract suit against Hilton Worldwide and BayernLB, a New York investment manager lodge a professional negligence claim against RSM Corporate Finance, and an insurance brokerage sue Barclays. Here, Law360 looks at those and other new claims in the U.K.
An AIG unit does not have to pay the $2.5 million Crowley Maritime Corp. spent defending an executive from antitrust allegations, a Florida federal court said Thursday, finding Crowley is stuck in a legal “Catch-22” that leaves it unable to use new information to unlock previously denied coverage.
Counsel for a fired pharmacy executive argued before the First Circuit on Thursday that health care providers that establish contracts through anti-competitive practices should be held liable for false claims charged to government insurance programs under those agreements.
In a judgment made public Tuesday, a New York state judge denied a motion by a claims management company indirectly owned by Warren Buffett’s Berkshire Hathaway Inc. to escape a suit claiming it blocked some of the payout on a $7.2 mesothelioma verdict claim, saying the plaintiff had made a sufficient case to go forward.
A former California judge was tapped as a special master Thursday to scrutinize $37.95 million in fees requested by 53 law firms in the Anthem Inc. data breach litigation, following worries that the many billers and their requested rates signal waste and padding.
A new regulation that bans New York title insurance companies from offering inducements to potential clients will fundamentally change the landscape for an industry long accustomed to the practice, OneTitle National Guaranty Co. Inc. CEO Daniel Price told Law360 in a recent interview.
European nations can bar Lloyd’s of London syndicates from bidding for public sector contracts if “unambiguous evidence” shows they failed to write up their tenders independently, the European Union's highest court said Thursday.
First Circuit judges in Boston on Wednesday considered whether an AIG insurer should have to help Bill Cosby fight lawsuits from women who say he defamed them after they accused him of sexual abuse.
The Ninth Circuit recently issued a long-awaited ruling in PHP Insurance Service v. Greenwich Insurance, bringing with it a helpful reminder to holders of employment practices liability insurance policies not to shy away from tendering employment claims to their insurers, says Cheryl Sabnis of King & Spalding LLP.
The destruction caused in Montecito and other areas of Southern California earlier this year appears to have been caused by flood, mudslide and mudflow, which are excluded under most property insurance policies. However, there is potential for homeowners to assert that the damage was actually caused by the Thomas fire, say Meka Moore and Jennifer Revitz of Selman Breitman LLP.
The social cost of carbon is an important but little-known number underlying many environmental regulations. Though it is not widely discussed, it is important to understand for three primary reasons, says John Lee of Goldberg Segalla.
The improving financial position of airlines and operating lessors, coupled with increased competition for deals, has put pressure on private-sector lenders. One would expect this state of “borrower power” to continue during the current economic cycle, says Ronald Scheinberg of Vedder Price PC.
As tort defendants and their insurers continue to face enormous exposure in catastrophic personal injury cases, they are recognizing that post-trial proceedings are critical to the success of any future appeal, as they represent a defendant’s lone opportunity to challenge a verdict as excessive in the court in which it was rendered, says Agelo Reppas of BatesCarey LLP.
Lawyers who have left the traditional practice for perceived greener pastures are many. But the circumstances surrounding broadcast journalist Bob Woodruff’s departure are unique. Like none I’ve ever heard, says Randy Maniloff of White and Williams LLP.
The rise of insurtech, with its heavy use of algorithms in the claims-handling process, is raising questions about how traditional insurance law applies to new situations, like how to determine when a bot denies coverage in bad faith, says Dennis Anderson of Zelle LLP.
As someone who spent half her days last year on the bench presiding over trials, I often find the alarmist calls to revamp the jury trial system a tad puzzling — why is making trial lawyers better rarely discussed? Then along comes a refreshing little manual called "On the Jury Trial: Principles and Practices for Effective Advocacy," by Thomas Melsheimer and Judge Craig Smith, says U.S. District Judge Virginia Kendall of the Northe... (continued)
Initial selection of defense counsel is usually made at the outset of litigation, long before it is known whether the case may actually proceed to trial. Attorneys with McDermott Will & Emery discuss questions in-house lawyers should consider when deciding whether their litigation counsel should remain lead trial counsel in a case proceeding to trial.
In recent years, use of the insurance appraisal process in Texas has grown exponentially. Gone are the days where three reputable and smart insurance professionals would get in a room and work cooperatively to fairly resolve a disputed claim. Instead, appraisal has become a tactical game, and abuses of the process are widespread, says Steven Badger of Zelle LLP.