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Insurance

  • November 26, 2018

    Chubb Unit Hit With ERISA Class Suit Over Interest Payments

    A former Delta Air Lines Inc. pilot hit a Chubb unit with a proposed Employee Retirement Income Security Act class action in Washington federal court Monday, alleging the insurer wrongly denied him interest owed for failing to timely pay him benefits after his late wife’s death.

  • November 26, 2018

    CVS, Aetna $69B Merger Clears Final Hurdle In NY

    New York regulators on Monday handed CVS Health Corp. the final approval needed for its $69 billion purchase of Aetna Inc., which the companies said will be tied up by midweek.

  • November 26, 2018

    Disney Loses 'Pink Slime' Arbitration Appeal

    Disney can’t get its way over how arbitration should occur in a fight for insurance coverage linked to the “pink slime” news reports aired by subsidiary ABC, a Canadian appeals court ruled Friday, saying the entertainment giant’s reading of the insurance contract didn’t make sense.

  • November 26, 2018

    Philly Atty Botched Client's Insurance Cases, Suit Says

    A Philadelphia-area attorney allegedly botched a client's two property damage and insurance cases by failing to hire any experts to connect the damage to the defendants, according to a malpractice lawsuit filed against him in state court.

  • November 26, 2018

    Nixon Peabody Steers Paychex $1.2B HR Outsourcing Biz Buy

    Payroll, benefits, human resources and insurance services provider Paychex Inc. said on Monday that it has agreed to buy privately owned professional employer organization and human resources outsourcing service Oasis Outsourcing Acquisition Corp. for $1.2 billion in a deal that was guided by Nixon Peabody LLP.

  • November 21, 2018

    Law360 MVP Awards Go To Top Attorneys From 71 Firms

    The elite slate of attorneys chosen as Law360’s 2018 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

  • November 23, 2018

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen a defunct affiliate of Stanford Financial Group sue HSBC, home shopping channel QVC file a claim against Visa and the U.K.’s largest interdealer broker, TP ICAP, launch legal proceedings against its former business NEX Group. Here, Law360 looks at those and other new claims in the U.K.

  • November 21, 2018

    Hanover Insurance Gets Mixed Verdict In Studio Arson Trial

    A Tennessee federal jury has found that a Memphis recording studio owner and one of his tenants owe Hanover Insurance $2.45 million for lying about their losses after an arson damaged the studio, but also that the insurer must pay $2.75 million to another tenant at the studio.

  • November 21, 2018

    Firm Seeks Judge DQ Despite Fla. Justices' Facebook Ruling

    Despite ruling that the mere existence of a judge's Facebook friendship with an opposing counsel is not grounds for disqualification, the Florida Supreme Court's recent decision still should have granted the underlying disqualification bid based on existing precedent when the motion was filed, the petitioning law firm has argued.

  • November 21, 2018

    Investor Challenges National Events Deal With D&O Insurer

    The largest creditor of bankrupt ticket brokerage and alleged Ponzi scheme vehicle National Events Holding LLC has again objected to a proposed $1.65 million settlement between the debtor’s trustee and its directors and officers insurer, and is fighting a bid to roll several closely associated entities into the Chapter 7 case.

  • November 21, 2018

    Pa. Justices Require Consent For 3rd-Party Insurance Claims

    A worker’s compensation insurer needs the consent and participation of an injured worker in order to bring claims against the parties responsible for the injury, and merely claiming a lawsuit was filed “on behalf of” the injured worker is insufficient, a split Supreme Court of Pennsylvania ruled Wednesday.

  • November 21, 2018

    Insurer Needn't Defend Landscape Co. In Worker Injury Suit

    A Mississippi federal judge ruled Wednesday that Wesco Insurance Co. has no duty to defend or indemnify a landscaping company against a lawsuit brought by a worker whose arm was severed by machinery during a job, holding that a policy exclusion for claims brought by employees unambiguously bars coverage.

  • November 21, 2018

    7th Circ. Boots Jones Motor Truckers' Misclassification Suit

    A Seventh Circuit panel has tossed a proposed class action that claimed Jones Motor Co. Inc. denied workers’ compensation benefits to a group of truckers by misclassifying them as independent contractors, saying the case does not belong in federal court.

  • November 21, 2018

    3 Firms Vie To Lead Class Suit Over Alleged AbbVie Kickbacks

    Three law firms representing investors suing AbbVie Inc. in a proposed class action over its allegedly illegal strategy to market its blockbuster drug Humira have each asked an Illinois federal judge to appoint it as lead counsel in the case.

  • November 21, 2018

    US Bank Wants Out Of Trust Insurer’s Settlement Suit

    U.S. Bank National Association urged a New York federal court Tuesday to dismiss a suit over a “paltry” settlement the bank reached as trustee of mortgage-backed securities that were allegedly backed by bad Countrywide loans, saying any injury hinges on court approval of the deal.

  • November 20, 2018

    CFPB Reaches Nearly $12M Settlement With Santander Unit

    The Consumer Financial Protection Bureau said Tuesday that a Santander consumer finance unit has agreed to pay a $2.5 million fine and more than $9 million in restitution as part of a settlement resolving claims over its disclosures related to an auto loan add-on product and auto loan extensions.

  • November 20, 2018

    Venezuelan TV Mogul Charged With $1B Bribery Scheme

    A Venezuelan billionaire television mogul has been indicted by federal prosecutors for allegedly violating the Foreign Corrupt Practices Act by bribing officials in the South American country as part of a billion-dollar currency exchange and money laundering scheme, the U.S. Justice Department announced on Tuesday.

  • November 20, 2018

    Del. Justices Nix $16M Award Against Health Co.'s Insurer

    Delaware's high court on Tuesday vacated a nearly $16 million bad faith award against Homeland Insurance Co. of New York over the insurer's refusal to cover CorVel Corp.'s costs in suits accusing it of improperly discounting medical services payments, holding that CorVel's claim was time-barred.

  • November 20, 2018

    Southern California Edison Hit With First Woolsey Fire Suit

    Attorneys for a coalition of residents who suffered property damage and losses from the Woolsey Fire that tore through Los Angeles and Ventura counties announced on Tuesday they had sued Southern California Edison in state court over its alleged role in starting the blaze.

  • November 20, 2018

    Opera House Insurer Says HVAC Co. Owes For Burst Pipe

    The insurer for a Delaware opera house launched a federal lawsuit Monday against a company tasked with installing and monitoring the building’s heating, ventilation and air conditioning system, alleging the business is directly responsible for a system failure that led to widespread water damage at the facility.

Expert Analysis

  • Series

    Judging A Book: Brown Reviews 'Dangerous Leaders'

    Judge Nannette Jolivette Brown

    Anthony Thompson’s "Dangerous Leaders: How and Why Lawyers Must Be Taught to Lead" explores the conflict many lawyers face when charged with the responsibility of leadership. The book is an excellent read for all lawyers, says U.S. District Chief Judge Nannette Jolivette Brown of the Eastern District of Louisiana.

  • Breaking The Rules: 3 Ways To 'Lead' A Direct Examination

    Matthew Menchel

    Trial lawyers are frequently taught that they should appear invisible during direct examination — that their job is merely to prompt the witness to start speaking. But the most powerful direct examinations are the ones in which the examiner, not the witness, is controlling the pace, say attorneys with Kobre & Kim LLP.

  • Opinion

    Insurers Are Well-Positioned To Address Opioid Epidemic

    Matt Eyles

    By combining effective education, prevention, behavioral health care and evidence-based treatment, health insurance providers are making real progress in the fight against opioid addiction, says Matthew Eyles of America's Health Insurance Plans.

  • Regulators Focusing On Big Data In Life Insurance

    Ann Black

    The National Association of Insurance Commissioners' Big Data Working Group has turned its attention to the use of big data in life insurance underwriting. Carriers should prepare to respond and be able to accurately describe their new underwriting processes, tools and data points, say Ann Black and Jamie Bigayer of Carlton Fields Jorden Burt PA.

  • Florida Supreme Court Aims To Expand Bad Faith Standards

    Rory Eric Jurman

    The Florida Supreme Court's recent decision in Geico v. Harvey is part of an ever-expanding trend to create a negligence standard against insurers, seemingly turning a blind eye to the myriad of sophisticated bad faith setup schemes, say Rory Jurman and Vanessa Alvarez of Fowler White Burnett PA.

  • Beware Laws Intersecting Benefit Concierge Services

    Kendra Roberson

    Benefit concierge services can help employers realize a greater return on investment by increasing employees’ awareness of available benefits. However, they raise several legal issues, including considerations under the Health Insurance Portability and Accountability Act and the Employee Retirement Income Security Act, say Kendra Roberson and Chris Lowther of Covington & Burling LLP.

  • Need Litigation Finance? Don't Skip These 5 Steps

    Molly Pease

    The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.

  • Oklahoma's Insurance Business Transfer Act: Objections Overruled?

    Laura Foggan

    Oklahoma's Insurance Business Transfer Act — the latest state run-off law passed in response to increasing demand for such transfers — could prompt constitutional challenges because it allows the transfers to be theoretically approved over the objection of all policyholders, say attorneys at Crowell & Moring LLP.

  • Assignment Of Benefits Faces A New Hurdle In Florida

    Margo Meta

    A Florida state appeals court's decision last month in Restoration 1 v. Ark Royal weakens assignment-of-benefit claims, holding that an insurer may require all insureds and mortgagees to provide written consent prior to executing an assignment-of-benefits agreement, says Margo Meta of Ball Janik LLP.

  • A Holistic Approach To Client Retention

    Dan Tacone

    In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.