The Congressional Budget Office on Thursday projected a steep decline in long-term Medicaid spending under Republican legislation to partly dismantle the Affordable Care Act, creating new headaches for the repeal effort.
The New Jersey Appellate Division on Thursday reaffirmed its ruling that a property owner may pursue litigation against insurers over environmental cleanup coverage under policies issued to a bankrupt former owner.
An Illinois insurance company has to cover a deceased lawyer’s firm for a claim springing from a client’s $2.15 million fees and costs award, despite the firm's failure to notify the insurer of an unrelated malpractice problem years earlier, a state appeals panel said this week.
A Brazilian reinsurer has urged a New York federal court to conclude that it isn't responsible under an arbitration award to fork over $5 million to cover a settlement National Indemnity Co. reached with a steel maker in a related dispute, saying the deal actually erased the reinsurer's obligation to pay up.
A consumer slapped iLendingDirect with a proposed class action Thursday in Colorado federal court, accusing the company of violating the Telephone Consumer Protection Act by making scores of autodialed calls aimed at pushing people to refinance their auto loans.
Time-share purchasers accusing Marriott and a title insurance company of duping them into invalid real estate deals have rebuffed the hotelier’s attempt to use a new state-law amendment to toss the suit, telling a Florida federal court Wednesday the measure was pushed through the Legislature specifically as a defense tactic.
The paid leave proposal in President Donald Trump’s 2018 budget request is “inadequate and unworkable” and should be scrapped in favor of a policy that’s more generous to workers, a group of more than 340 organizations led by the National Partnership for Women and Families told Congress in a letter on Wednesday.
Three couples don’t have standing to challenge a North Carolina law allowing magistrate judges to recuse themselves from officiating same-sex marriages because their only connection to the case is an incidental use of tax money, the Fourth Circuit said Wednesday.
Mayer Brown LLP has added a former Allstate corporate counsel and Drinker Biddle & Reath LLP attorney to the insurance practice at its Chicago office.
With Affordable Care Act repeal efforts in limbo, Law360 on Wednesday chatted up BigLaw lobbyists for insights on the latest horse-trading and a “big surprise” promised by President Donald Trump. Here’s what they’re hearing.
The Fourth Circuit on Wednesday asked for the West Virginia high court's guidance on issues at the heart of Zurich American Insurance Co.'s appeal of a lower court's decision that it must split payments of workers' compensation benefits to a worker severely injured at a coal mine with another insurer.
The Eleventh Circuit on Wednesday found that a district court had misinterpreted a prior ruling and that an insurance company does not have to pay out for retroactively purchased coverage of a hijacked cargo shipment.
A pair of proposed worker class actions accusing Berkshire Hathaway Homestate and two other insurers of hacking their lawyers’ databases were permanently dismissed Tuesday, as a California federal judge said Stored Communication Act claims were inadequately pled.
The Eleventh Circuit will hear arguments Thursday on whether Nationwide's mere negligence in failing to settle claims against a policyholder is sufficient to hold the insurer liable for a judgment exceeding policy limits, in a case that could have a widespread impact on insurance bad faith cases under Georgia law.
Neal Katyal seemingly tried to educate Justice Samuel Alito about a well-known Latin phrase, Justice Sonia Sotomayor prayed aloud that she wouldn’t be assigned a mind-numbing opinion, and Justice Elena Kagan needled a lawyer who confused her with another justice. Here, Law360 wraps up the top moments of legal levity from the latest high court term.
Since the death of Justice Antonin Scalia last year, a new U.S. Supreme Court justice has emerged as the most talkative at oral arguments — and the titleholder should come as no surprise to court watchers.
The justices’ level of engagement at oral argument can provide a crucial window into their thinking on an issue, but interpreting what that might mean for how they’ll rule is an elusive art. Here, Law360 looks at the sessions in which each justice engaged the most.
The Seventh Circuit on Tuesday found Lexington Insurance Co. doesn't have to cover PQ Corp.'s losses from the contamination of millions of pounds of chemicals, saying the claim failed to meet the letter of the policy.
A syndicate led by Bank of America that includes an insurance lender has reportedly loaned $200 million for a Chicago residential project, Metro Loft Management's Nathan Berman is said to be buying out his partners in a New York luxury residential property for $450 million, and Frank McCourt reportedly sold a Florida equestrian property for $12 million.
SunEdison Inc. on Monday blasted two former executives with pending whistleblower claims against the bankrupt green energy giant for objecting to a proposed $32 million settlement with unsecured creditors, urging a New York bankruptcy court to overrule their objections and approve the deal.
Texas House Bill 2492, if signed by Gov. Greg Abbott, will allow surplus lines insurers domiciled in Texas to conduct business in the state, potentially increasing state revenue and creating more job and economic opportunities, says Victoria Vish of Zelle LLP.
Using the same standard credit agreement provisions for all types of borrowers and guarantors hurts both borrowers and lenders. This is especially true of borrowers and loan parties subject to insurance regulations and market conditions, say Daniel Rabinowitz and David Berg in the final part of this article.
In 2017, New Jersey has already witnessed three important decisions in the law of insurance coverage for hazardous waste site cleanup, each of which enhances policyholders' ability to obtain coverage for long-tail claims, say Robert Chesler of Anderson Kill PC and Robin Keliher of Willis Towers Watson PC.
Insurance companies and insurance holding companies are subject to a complicated tangle of laws, regulations and market conditions, and therefore need special provisions in their credit agreements. Certain representations and warranties, conditions, and events of default must be modified to account for such borrowers, say Daniel Rabinowitz and David Berg of Kramer Levin Naftalis & Frankel LLP.
The Ninth Circuit's decision in HotChalk v. Scottsdale is expected to address the availability of coverage for claims relating to a policyholder's internal activities that are ancillary to external business practices or professional services. This decision will likely shape the scope of professional services exclusions, say Jan Larson and Jennifer Senior of Jenner & Block LLP.
This is the second in a series of articles discussing ideas proposed by the NYU School of Law Civil Jury Project to resuscitate the American jury trial. In this article, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman argue for setting early and strict time limits in civil jury trials.
Terrorist attacks aimed at civilians are despicable and cowardly. But while these events leave us at a loss, the court system braces for a wave of litigation — not against the attacker, but against venue owners, operators and security providers. Stakeholders must know the law and be prepared before the worst occurs, says Brian Finch of Pillsbury Winthrop Shaw Pittman LLP.
In its most recent petition advocating mandatory disclosure of litigation finance, the U.S. Chamber of Commerce simply rehashes the same arguments from its previous failed efforts to convince the Committee on Rules of Practice and Procedure of the dire implications of undisclosed funding relationships, say members of IMF Bentham Ltd.
Some argued that the Texas Supreme Court's April decision in USAA v. Menchaca changed the landscape of Texas law regarding extracontractual liability in first-party insurance cases. However, a close reading of both the case and post-Menchaca case law confirms that appraisal law remains unaffected, say Lindsey Bruning and Tyler McGuire of Zelle LLP.
Courts have historically set a high threshold for finding directors and officers personally liable for breaches of fiduciary duties. However, the standards with respect to director and officer liability for damages resulting from cyberattacks are evolving, and the personal exposure will increase, says Richik Sarkar of McGlinchey Stafford PLLC.