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Insurance

  • July 26, 2018

    DOE Broke Law With Anti-Obamacare Tweet, GAO Says

    The U.S. Department of Energy violated federal law but not statutory prohibitions on using appropriations for grassroots lobbying or propaganda when it tweeted a column by Energy Secretary Rick Perry criticizing the Affordable Care Act, the U.S. Government Accountability Office found Thursday.

  • July 26, 2018

    AGs Sue Labor Dept. Over Association Health Plan Rule

    Eleven states and the District of Columbia challenged the U.S. Department of Labor's final rule on association health plans in a lawsuit filed Thursday in D.C. federal court, saying the rule unlawfully expands the agency's interpretation of the Employee Retirement Income Security Act's definition of "employer" and flouts the Affordable Care Act and Administrative Procedure Act.

  • July 26, 2018

    Lloyd's Insurer Can't Ditch Coverage Fight Over Oil Spill

    A Louisiana federal judge on Thursday declined to dismiss oil and gas producer Apollo Energy LLC’s complaint seeking coverage from a Lloyd’s of London underwriting group for the cleanup costs of an oil spill, giving Apollo the chance to amend the suit to assert a new theory supporting its claim.

  • July 26, 2018

    Insurer Needn't Defend Developers In Logging Row

    A West Virginia federal judge on Wednesday ruled that Nautilus Insurance Co. doesn’t have to defend or indemnify a group of property developers in a lawsuit alleging they engaged in illegal logging operations and concealed development plans from local officials because the suit alleges intentional conduct.

  • July 26, 2018

    Unum Shareholders Sue Over Underestimated Losses

    A municipal police and fire retirement system has filed a class action suit in Tennessee federal court alleging that investors such as itself took an unfair financial hit thanks to the company’s misleading statements that its long-term loss ratio — a key metric for investors — would be lower than it was.

  • July 25, 2018

    How To Use Insurance To Shield Against Cryptocurrency Risks

    As cryptocurrencies continue their meteoric rise, companies in the space are facing an expanding range of risks, including the threat of large-scale theft and class actions filed by disgruntled investors in funding ventures known as initial coin offerings. Here, Law360 looks at some of the perils faced by cryptocurrency businesses, and how insurance may help shield against those risks. 

  • July 25, 2018

    House Votes To Extend Exemption From ACA Insurer Fee

    The U.S. House of Representatives voted Wednesday to extend a moratorium on an annual fee on insurers under the Affordable Care Act until 2022.

  • July 25, 2018

    Lloyd's Failing Hawaii Policyholders After Volcano, Suit Says

    Lloyd’s of London has been missing in action after the historic eruption of Hawaii’s Kilauea volcano destroyed hundreds of homes, failing to dispatch a single claims adjuster and leaving policyholders utterly in the dark about the status of their claims, according to a suit filed Tuesday.

  • July 25, 2018

    NY Law Dictates Arbitration Of Sandy Damage In NJ: 3rd Circ.

    The Third Circuit on Wednesday refused to disturb a New Jersey federal court ruling that insureds tied to a developer must arbitrate their claims against an insurance company over coverage for Superstorm Sandy-related damage at their Garden State properties, saying they are bound by an arbitration clause because New York law applies to their policy.

  • July 25, 2018

    Pa. Jury Must Decide If Insurer Pays For Roofer's Fatal Fall

    A Pennsylvania appeals court ruled Tuesday that a jury must decide whether the contractor who didn’t tell his insurance company he was working on a roof, or the insurer who never sent him the policy with its no-roofing exception, will pay a roofer’s $3.5 million wrongful-death settlement.

  • July 25, 2018

    From Billable Hours To Bedtime Stories: Lawyering With Children

    Attorneys are clocking more billable hours than ever before, and when children enter the picture, the demands on their time and finances can drive stress levels to new heights.

  • July 25, 2018

    Harvard Pilgrim's ERISA Denial Questioned By 1st Circ.

    The First Circuit grilled a lawyer for Harvard Pilgrim Health Care on Wednesday over why it denied a young woman's claim for payment for inpatient mental health services she said she was entitled to under the Employee Retirement Income Security Act.

  • July 24, 2018

    Insurer Didn't Breach Policy In Coop Collapse Row: Del. Court

    Farm Family Casualty Insurance Co. did not breach a policy it issued to a Delaware farm when it refused to cover the collapse of a chicken coop during a blizzard, a state judge ruled Monday, finding that the insurer justifiably relied on expert reports indicating that the coop’s destruction was attributable to the excluded causes of snow and faulty construction.

  • July 24, 2018

    Progressive, USAA Beat Appeals In Reduced Benefit Cases

    The Tenth Circuit on Tuesday upheld orders dismissing two lawsuits alleging that United Services Automobile Association and Progressive Insurance improperly deducted auto policyholders' medical benefits payments from their uninsured motorist coverage, agreeing with lower courts that the policyholders’ claims are barred by their prior settlements with the insurers.

  • July 24, 2018

    Amazon Ducks Out Of Insurer's Product Liability Suit

    Amazon isn’t on the hook for a defective laptop battery it sold that caused a home to burn down, a New Jersey federal court said Tuesday, finding the online marketplace behemoth is not a “product seller” as defined by the state’s Product Liability Act.

  • July 24, 2018

    Deals Rumor Mill: Fosun, Median, Volvo

    Fosun International is reportedly mulling a deal to buy some or all of insurer Ageas, German clinic company Median Kliniken is up for sale, and Volvo Cars has been valued well below its owner’s target related to a potential stock market listing.

  • July 24, 2018

    How Mammoth Student Loans Are Dogging Today's Lawyers

    Six-figure student debt is fast becoming the norm for newly minted attorneys, a reality that's taking a toll on everything from job hunting to psychological well-being.

  • July 24, 2018

    Reed Smith Adds Norton Rose Health Care Privacy Pro

    Reed Smith LLP has hired a Norton Rose Fulbright attorney who represents health care and life sciences companies in data privacy and cybersecurity issues, Reed Smith said Monday.

  • July 23, 2018

    Tribune Shareholders Must Share Atty Docs In Insurance Row

    An Illinois state appeals panel has upheld most of an order forcing two former Tribune Media Co. shareholders to turn over documents they shared with their attorneys relating to their leveraged buyout of the media company, saying attorney-client privilege doesn't apply to the documents their insurance broker seeks. 

  • July 23, 2018

    Ambac's Claims Over $94M MBS Deal Not Ripe, US Bank Says

    A mortgage backed securities trustee told a New York federal judge Friday that trust insurer Ambac Assurance Corp. is jumping the gun with its lawsuit alleging that the bank is just trying to protect itself by pushing forward with a “paltry” $94 million settlement of claims brought over allegedly defective Countrywide loans in a particular trust it oversees.

Expert Analysis

  • Opinion

    A Trump Supreme Court Nominee Can Be Defeated

    Nan Aron

    The Senate Republican leadership and the Trump administration are racing to fill Justice Anthony Kennedy’s spot on the U.S. Supreme Court. Does opposition to their plans have any chance of success? My answer is yes, because the stakes are so high, people are so engaged, and the records of those short-listed are so deeply troubling, says Nan Aron, president of Alliance for Justice.

  • Limiting Law Firms' Professional Liability Risks: Part 3

    Stuart Pattison

    As clients increasingly look to limit their own liability exposure, they can reasonably expect that their retained counsel should do the same. In this context, a carefully crafted, thoughtfully presented engagement letter can help a law firm strike a successful balance between protecting itself and preserving a client relationship, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • New Stats On Millennial Attorney Disciplinary Actions

    Jean Edwards

    In this analysis of disciplinary action trends in the legal industry, Edwards Neils LLC managing member Jean Edwards examines data provided by bar organizations for 17 states and the District of Columbia.

  • Limiting Law Firms' Professional Liability Risks: Part 2

    Stuart Pattison

    With law firms increasingly exposed to professional liability risks associated with their corporate client relationships, firms must craft well-structured client engagement letters to help protect against malpractice claims. Two key elements of an engagement letter are how it defines the scope of engagement and how it handles conflicts of interest, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: Prioritizing Is Always Key

    Joe Lieberman

    Today, members of Congress often seem able to blame colleagues of the other party for not getting anything done for their constituents. In law practice, you can’t really blame a bad result for your clients on the lawyers on the other side, says former Sen. Joe Lieberman, D-Conn., of Kasowitz Benson Torres LLP.

  • Limiting Law Firms' Professional Liability Risks: Part 1

    Stuart Pattison

    Corporate law departments are increasingly demanding more concessions from outside legal counsel, and presenting engagement letters that open the door to greater professional and cyber liability exposure for law firms — often beyond the scope of their insurance coverage. Firms must add their own language to engagement letters to limit liability, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: How Congress Affected My Career

    Yvonne B. Burke

    Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.

  • Series

    From Lawmaker To Lawyer: DC Isn't As Bad As You Think

    Norm Coleman

    Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.

  • Series

    From Lawmaker To Lawyer: 6 Things I Learned In Congress

    Charles Gonzalez

    I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.

  • Are Punitive Damages Available In Tenn. Insurance Cases?

    Lang Wiseman

    In recent years, state and federal court rulings in Tennessee have been inconsistent about whether punitive damages are available to a policyholder in an insurance coverage case, due to differing interpretations of Tennessee's bad faith statute, says Lang Wiseman of Wiseman Bray PLLC.