Insurance

  • February 7, 2018

    Uber Deal Over Workers' Comp Class Action Hits Speed Bump

    A California judge on Wednesday refused to preliminarily approve Uber's settlement that would provide drivers with occupational accident insurance in exchange for ending putative class claims that the ride-hailing company improperly denied them workers’ compensation, saying the contract terms between the drivers and the insurance company are unclear.

  • February 7, 2018

    Deals Rumor Mill: Wyndham, Goldman Sachs, Ping An

    Wyndham is mulling a deal with Platinum Equity Partners, Goldman Sachs is close to a deal to buy personal finance startup Clarity Money, and Ping An’s venture capital arm wants to raise up to $1.3 billion with two funds.

  • February 7, 2018

    Aetna Sues, Settlement Admin Counters In HIV Privacy Case

    Aetna and its settlement administrator hit each other with separate lawsuits in Pennsylvania and California federal courts, respectively, this week, demanding that the other take responsibility for mishandling policyholders' sensitive data in underlying litigation stemming from a settlement involving HIV medications.

  • February 7, 2018

    Language Key In Builder's Coverage Fight At NY High Court

    A Bellevue Hospital building’s construction manager urged New York’s high court on Wednesday to ax a ruling that it’s not covered under a contractor’s policy with a Liberty Mutual unit for an underlying lawsuit over issues with the project, blaming the coverage denial on what it deemed poor grammar in a key policy provision.

  • February 7, 2018

    Ex-State Street Exec Faces New Charge Of Bilking Insurer

    Prosecutors on Wednesday added to a charge in a case against a former executive at State Street Corp., saying he duped a U.S. insurer into paying a hidden commission on fixed income trades just as he had overseas clients.

  • February 7, 2018

    School Snags Win Against Insurer Over $10M Policy Trigger

    The Anchorage School District has scored a quick win against Starr Indemnity and Liability Co. that will unlock $10 million in excess coverage, after an Alaska federal court ruled Wednesday that another insurer’s direct payout to an injured student was enough to activate the Starr policy.

  • February 7, 2018

    Insurer Must Cover Fraud Claims Against NJ Atty, Judge Says

    Evanston Insurance Co. must defend a New Jersey attorney against a state court lawsuit brought by Allstate accusing his firm and others of participating in a fraudulent personal injury protection claims scheme, because the allegations relate directly to his legal services, a federal judge ruled Wednesday.

  • February 7, 2018

    7th Circ. Revives Class Action Over MetLife Insurance Plan

    The Seventh Circuit revived a proposed $5 million class action lawsuit against MetLife on Tuesday, ruling that a lower court was too quick to dismiss claims of deceptive practices and consumer fraud brought by a senior citizen whose insurance premiums went up at age 67 despite having purchased the company’s “Reduced Pay at 65” plan.

  • February 7, 2018

    Yahoo Slams Insurer's Bid To Duck Email Suit Coverage

    Yahoo batted back at insurer National Union on Tuesday in a California federal court fight over coverage for multiple class actions that accuse Yahoo of scanning customers' emails, saying it deserves coverage for the defense costs and ancillary sums it paid out in a settlement.

  • February 6, 2018

    After Tragedy, Mom Says Pharmacists Must Seek Docs' Rx OK

    The Massachusetts Supreme Judicial Court on Tuesday considered giving pharmacists new legal obligations in the wake of a young woman's death from seizure complications while her epilepsy medication was caught in administrative limbo.

  • February 6, 2018

    Apple, Cisco Partner With Insurers For Novel Cyber Coverage

    Apple and Cisco are teaming up with a pair of insurers to offer discounted cyber insurance policies for companies that submit to a risk assessment and use certain of the tech giants' products to help guard against threats such as ransomware and malware attacks, the companies said Monday.

  • February 6, 2018

    MassMutual Stiffed Policyholders On Dividends, Jury Told

    MassMutual has breached its contracts with 300 term life insurance policyholders by refusing to pay them a total of $717,000 in dividends even as the company’s bank account swelled, counsel for a certified class of policyholders told a California jury during Tuesday opening statements.

  • February 6, 2018

    Chubb Needn't Fill Cleanup Coverage Gaps, NY Justices Hear

    A Chubb insurer told New York's highest court on Tuesday it shouldn't be required to pay a National Grid PLC unit's costs to clean up contamination at manufactured gas plants attributed to years when no pollution liability insurance was available in the marketplace, saying a ruling to the contrary would violate the clear terms of its policies.

  • February 6, 2018

    House Passes Government Funding Band-Aid

    Congress took a step toward avoiding a government shutdown this week, with a House vote Tuesday to keep the government open through mid-March and with top lawmakers saying a long-term spending deal was nigh.

  • February 6, 2018

    6th Circ. Revives Ohio Atty's Malpractice Coverage Suit

    The Sixth Circuit on Tuesday revived a lawyer's coverage suit against a malpractice carrier in connection with a real estate deal, saying the underlying claim brought against the lawyer was not “reasonably foreseeable” after he investigated and decided there would likely not be a claim against him.

  • February 6, 2018

    Docs Call Cigna's 11th Circ. Appeal Over $25M Deal Premature

    Cigna and others cannot challenge an arbitral decision forcing them to attend a hearing in a dispute over a $25 million class settlement's distribution because the arbitration is still happening, a health care providers group told the Eleventh Circuit on Monday.

  • February 6, 2018

    AIG Picks Up Gibson Dunn Star, Former CIA GC

    A former CIA general counsel is leaving Gibson Dunn after helping launch its national security practice group last year to join American International Group Inc. as general counsel of the company’s general insurance unit.

  • February 6, 2018

    Hercules Wants $4.8M In Atty Fees In Drilling Fire Suit

    A drilling contractor on Monday asked a Texas federal court for $4.8 million in attorneys' fees and expenses from the owner of an offshore gas drilling platform after the court ruled the owner was required to cover the contractor’s costs in a dispute over liability for a fire that destroyed the rig.

  • February 5, 2018

    Chocolatier Takes $49M Sandy Coverage Fight To 2nd Circ.

    Madelaine Chocolate Novelties Inc. urged the Second Circuit on Friday to revive its bid for an additional $49 million in coverage from a Chubb Ltd. unit to pay property damage and business interruption losses caused by Superstorm Sandy, arguing that a lower court ignored key policy terms.

  • February 5, 2018

    Ex-Doc Gets 8 Years For Fraud, Illegally Dispensing Opioids

    A former Kentucky doctor will serve eight years in prison after pleading guilty to nearly 50 charges of illegal distribution of opioids and health care fraud, the U.S. Department of Justice said Monday.

Expert Analysis

  • Will Crisis Management Insurance Cover Ransomware?

    Jeffrey Weinstein

    Kidnap, ransom and extortion insurance policies are now under increased scrutiny by insureds seeking potential coverage for ransomware attacks. Determining whether or not these attacks constitute extortion will raise new questions and issues, say Jeffrey Weinstein and Bruce Kaliner of Mound Cotton Wollan & Grreengrass LLP.

  • Severe Weather Events Create Insurance Dilemmas

    Edward Murphy

    In recent years, severe weather events and natural catastrophes have been on the rise in California and elsewhere. Some insurers are becoming more restrictive with their homeowners policies, leaving many without adequate insurance for natural disasters, says Edward Murphy of Foran Glennon Palandech Ponzi & Rudloff PC.

  • 6 E-Discovery Predictions For 2018

    Erich Potter

    Erich Potter, discovery counsel with Oles Morrison Rinker & Baker LLP, discusses six ways e-discovery will continue to excite and confound in 2018.

  • Hotel Malware Attack Raises Unusual Insurance Questions

    Jan Larson

    A Florida district court is poised to decide several interesting questions in St. Paul v. Rosen, offering policyholders guidance on the extent to which traditional insurance policies can protect them from data breaches and on whether policyholders' corporate affiliates can look to their policies for protection, say Jan Larson and Alex Langlinais of Jenner & Block LLP.

  • Settlement Aspirations Enter The Opioid MDL

    Adam Fleischer

    Two freight trains driving the opioid multidistrict litigation appear to be on a collision course. Journalistic investigations have revealed much about what the pharmaceutical industry knew about the opioid crisis, but just this week, Judge Dan Aaron Polster of the Northern District of Ohio made clear his plans to push the matter toward a global resolution in 2018, say Adam Fleischer and Kevin Harris of BatesCarey LLP.

  • Will Ratepayers Or Shareholders Pay For California Fires?

    Mike Danko

    Northern California homeowners recently filed suit against PG&E Corporation, blaming its power lines for sparking wildfires that have destroyed more than 5,000 homes. If plaintiffs prove that the utility took shortcuts that placed profits over safety, victims’ compensation should come from the company's profits, not from ratepayers, say Mike Danko of Danko Meredith and Caroline Corbitt of Gibbs Law Group.

  • 6 Roles To Embrace In An Evolving Legal Industry

    Rob MacAdam

    Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.

  • Insurers Beware: Exposure Under 'Canceled' Policies

    Thomas Gozdziak

    Recent court decisions should serve as an important reminder to insurers to strictly comply with all policy cancellation requirements to avoid risk liability exposure not only for the failure to pay claims but also for bad faith, says Tom Gozdziak of Foran Glennon Palandech Ponzi & Rudloff PC

  • Opinion

    This Year, Let’s Invest In Lawyer Resiliency

    krishtel.photo.jpg

    Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.

  • Top 10 Employer Resolutions For 2018

    Allegra Lawrence-Hardy

    Last year employers watched as a variety of regulations were rolled back to pre-Obama administration status. Allegra Lawrence-Hardy and Bonnie Burke of Lawrence & Bundy LLC discuss what happened in 2017, the developments employers should be alert to this year, and the resolutions they should make to protect their company and employees.