The Republicans’ $1.5 trillion tax bill is expected to become law after the U.S. House of Representatives on Wednesday again voted to affirm deep and permanent tax cuts for corporations and lower rates for most American households until 2025.
The Bank of England proposed sweeping changes on Wednesday to the way international lenders, insurers and clearinghouses are supervised after Brexit in an effort to preserve London’s standing as a global financial center.
The Republicans' expansive $1.5 trillion tax cut bill cleared its penultimate hurdle in Congress early Wednesday and appeared to be mere hours away from being sent to the president's desk after the Senate approved the legislation by a simple majority vote.
Surgery center Marion HealthCare LLC defended its antitrust suit over Southern Illinois Healthcare's allegedly exclusive contracts with insurers, arguing Monday that to get a quick win in the case, SIH used "verbal sleight of hand" to suggest the contracts were not exclusive.
A grain elevator repair contractor can't sue RSUI Indemnity Co. for damages after the insurer failed to settle a suit tied to a grain silo explosion "in bad faith," the Seventh Circuit affirmed Monday, saying the underlying suit wasn't covered in the first place due to an exclusion.
An Eighth Circuit panel has refused to reconsider its opinion bouncing a jury verdict over a massive Ponzi-like scheme involving funeral prepayments back to a trial court, moving the case closer to a thorough revisiting of the question of how much of the original $390 million verdict — already reduced once — is still legally defensible.
An Ohio federal judge on Monday found Zurich American does not have to pay a vacuum cleaner company for two of three sexual harassment settlements made with its door-to-door salespeople, saying the three women's claims are separate incidents for the purposes of the policy deductible.
New Jersey Gov.-elect Phil Murphy announced Tuesday that he planned to nominate New Jersey Assemblywoman Marlene Caride, a partner with Gonzalez & Caride, to lead the state Department of Banking and Insurance, saying she will be a “watchdog” for Garden State residents.
This past summer, Reed Smith LLP partner John W. Schryber convinced a Maryland federal court that Travelers must pay $87 million to private equity firm American Capital Ltd. and one of its portfolio companies to cover the costs of underlying suits over tainted blood thinner, landing him a spot among Law360's 2017 Insurance MVPs.
The Second Circuit on Tuesday refused to disturb an order directing insurance broker Alliant Insurance Services Inc. to pay $26 million after a federal jury found it had unilaterally lowered a property manager's flood coverage and left the company with insufficient insurance for Hurricane Sandy losses, holding that the evidence supported the verdict.
The U.S. House of Representatives is expected to cast a second vote on the nearly $1.5 trillion Republican tax cut bill after the Senate parliamentarian ruled Tuesday that provisions in the bill violate procedures to pass the measure in the Senate with a simple majority.
A group of Texas- and California-based pharmacies alleged in Texas federal court Monday that a group of health care providers, including UnitedHealth Group, conspired to eliminate independent specialty drug providers.
Humana Inc. is teaming with two private equity firms to acquire and subsequently split up Kindred Healthcare Inc., the companies said on Tuesday, in a deal with an enterprise value of about $4.1 billion.
The Senate's top Republican said Monday that year-end funding talks for the federal government will include a host of other issues, ranging from child health insurance to individual health care market fixes, intelligence authorities and additional disaster funding.
Maryland's highest court ruled Monday that Georgia law should govern a dispute over whether a Liberty Mutual unit must cover lead paint injury claims filed by residents of a Salvation Army property, potentially spelling doom for the suit since Georgia precedent categorizes lead paint as an excluded pollutant.
First Mercury Insurance Co. on Friday asked the Ninth Circuit to uphold a ruling that Great Divide Insurance Co. must share the costs of defending a suit brought by two men assaulted at a San Francisco 49ers game, saying both the team and its insured are at risk for a judgment.
Humana is in talks to team up with two private equity firms to buy home-care provider Kindred Healthcare, Dole Food could be sold to a Belgian foods business in a multibillion-dollar transaction, and Bain Capital is looking to take a French spare car parts company public.
Atain Specialty Insurance Co. has no duty to defend or indemnify a pornography studio in lawsuits brought by performers who allegedly contracted HIV on the job, a California federal judge ruled on Monday, finding that coverage is clearly barred by a policy exclusion for claims related to sexual acts.
Among her many wins this year, Quinn Emanuel Urquhart & Sullivan LLP's Jane Byrne secured notable victories for client Infrassure in an arbitration-location fight in the Second Circuit and a case over $100 million worth of fire-related damage at a refinery, making her one of Law360's 2017 Insurance MVPs.
U.K.-based global firm Clyde & Co will take in 15 insurance and litigation partners from Sedgwick LLP at the beginning of next year, as the San Francisco-based firm prepares to close its doors.
The recent derivative lawsuit against Twenty-First Century Fox and its $90 million settlement — likely among the 10 largest derivative settlements — show that the current, ongoing revelations of sexual misconduct represent more than just a risk for the bad actors, says Kevin LaCroix of RT ProExec.
On Nov. 30, the U.S. Judicial Panel on Multidistrict Litigation heard argument in over 100 government lawsuits seeking damages from pharmaceutical companies for the opioid epidemic. Whether these cases get consolidated and, if so, in which court, may have far-reaching implications, say Adam Fleischer and Kevin Harris of BatesCarey LLP.
In a recent study, 20 out of 25 law firms surveyed have made billing process improvement a top priority for 2018. Firms can foster consistency and increase efficiency at all stages of their billing cycle by focusing on a few specific procedures, say Sharon Quaintance and Christine Indiano at HBR Consulting.
The Fifth Circuit is among the busiest federal circuit courts in the country. What can you do to increase your chances of reaching oral argument? And if given the opportunity, how can you present a persuasive argument? Former Fifth Circuit clerk Justin Woodard, an associate at Jones Walker LLP, shares some advice.
Catching a witness flat-footed on an important topic is no longer confined to cable news, and corporate legal defenses can likewise die when witnesses profess ignorance on things that jurors believe they should know. However, employing some common sense tools can minimize potential harm, says Matthew Keenan of Shook Hardy Bacon LLP.
Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.
On the heels of the new Insurance Data Security Model Law recently adopted by the National Association of Insurance Commissioners, members of Mayer Brown explain the new law, its substantive requirements, and the takeaways for the insurance industry.
When defending claims involving Medicare, it is important to consider whether they may be preempted by state or local laws. An Illinois federal court's recent decision in Mayberry v. Walgreens highlights just how far Medicare preemption can reach, say attorneys with Ropes & Gray LLP.
Depositions are all about sound bites. You’ll either play them for the jury on video or use them for sharp, crisp impeachment. Either way, the message must be pithy and concise, says Jeb Butler of Butler Tobin LLC.
The relatively few courts to have considered the question of common law "reverse bad faith" have ruled against recognizing this action. However, an insurer may have a few arrows in its quiver to use when forced to defend against a fraudulent claim or an insured's filing of a frivolous bad faith action, says Paul Ferland of Foran Glennon Palandech Ponzi & Rudloff PC.