The Colorado Senate on Thursday unanimously approved a bill to create a small-business recovery loan program and partially fund it by selling insurance premium tax credits, to help small businesses recover from the novel coronavirus pandemic's economic effects.
Beazley Insurance Co. challenged a prison commissary supplier's bid to disqualify its Lewis Rice LLC attorneys in a dispute over who should cover the supplier's $3.1 million settlement tab in a bribery scandal, saying the firm's work in a separate case doesn't pose a conflict of interest.
A New York federal judge on Thursday ruled that Hiscox Insurance Co. Inc. must continue funding a bankrupt drug distributor's legal costs for an upcoming trial over its alleged role in the opioid epidemic, saying it is unclear whether any exclusions or limitations in the distributor's directors and officers policy preclude coverage.
A Hawaii federal judge has kept alive claims against Lloyd's and other insurance companies by island homeowners who allege they were left unprotected by policies that lacked lava damage coverage, saying they did enough to show the companies could have found them such coverage if they'd looked.
Insurance giant Cigna has added its voice to the growing chorus calling for recompense from the pharmaceutical industry in a new suit accusing dozens of drugmakers of conspiring for years to inflate the prices of a slew of generic medications.
A former Insys Therapeutics manager who pled guilty and testified against her former bosses over their opioid bribery and insurance fraud scheme dodged prison time Wednesday after a Massachusetts federal judge sentenced her to supervised release.
Travel insurer Assicurazioni Generali Group was hit with a proposed class action in New York federal court on Wednesday accusing it of wrongfully withholding insurance premiums paid for trips canceled due to the COVID-19 pandemic.
A pair of Washington, D.C., salons have sued Erie Insurance Exchange in Pennsylvania state court, insisting that city-ordered closures due to the risk of contamination and the spread of the coronavirus should be covered by their business insurance.
An Indiana appeals court on Wednesday upheld the dismissal of a drunken driving crash victim's suit seeking to hold Progressive Southeastern Insurance Co. liable for a nearly $22 million judgment he obtained against the at-fault driver, rejecting the victim's argument that the insurer flouted duties owed to the driver.
American Guarantee and Liability Insurance Co. says it has no duty to defend a Burger King franchisee in a lawsuit accusing it of violating Illinois' landmark biometric privacy law, saying exclusions for employment-related practices and disclosure of confidential information bar coverage.
In this edition of Coronavirus Q&A, Becker & Poliakoff PA's real estate leader discusses the ways force majeure clauses are changing and the process of reopening businesses in Miami and across Florida.
A software company serving the property and casualty insurance industry said Wednesday that it had raised $230 million in its latest funding round and nabbed new investments from Kayne Anderson Rudnick Investment Management and Whale Rock Capital Management.
A Utah federal judge declined to certify a class action alleging UnitedHealthcare improperly refused to pay for programs that use outdoor activities to treat young people's mental health issues, saying the proposed class wasn't cohesive enough to move forward.
MetLife Inc. has agreed to shell out $84 million to put to rest class action claims the company misled investors by underreporting life insurance death benefit liabilities, according to a proposed settlement agreement filed in New York federal court Tuesday.
A Massachusetts federal judge Tuesday tossed a putative Employee Retirement Income Security Act class action brought by an employee accusing Raytheon Co. of refusing coverage under its health insurance plan for their son's speech therapy to treat autism spectrum disorder.
California is supporting an attorney who filed a whistleblower lawsuit against Allergan Inc. alleging the pharmaceutical company fraudulently obtained patents to thwart generic competition and keep prices high, saying the attorney's claims could have a big impact on how much insurers pay for drugs.
Ransomware attacks continued to climb during the first quarter of 2020, specialty insurer Beazley Group reported Tuesday, and companies shouldn't expect any reprieve in the coming months as attackers keep seizing on the security holes and economic fears that the COVID-19 pandemic has created.
Mutual Insurance Co. has urged a New York federal judge to toss a suit brought by Time Inc. demanding $6.9 million in indemnification of settlement and defense costs for class actions accusing the magazine company of deceptive marketing, saying that Time's "intentional" unfair business practice is not covered by its policy.
Insurers and policyholders have weighed in on two petitions to centralize disputes over businesses' coronavirus-related losses in multidistrict litigation, with supporters touting the efficiency of consolidation and opponents arguing that differences in companies' policies and claims make an MDL inappropriate.
Colorado would partially fund a small-business recovery loan program by selling insurance premium tax credits under a bill approved Tuesday by the state House, aimed at helping small businesses recover from the novel coronavirus pandemic's economic effects.
Civil unrest continued to eclipse the COVID-19 pandemic over the past week, during which time state leaders appeared to lift crowd limit rules for protests yet continued to work toward a socially distant, but definitive, relaunch of their economies.
Markel International Insurance Co. has no duty to defend a Chicago nightclub and its owner in a lawsuit over an incident that led to the death of one of its customers and a $3 million judgment, an Illinois appellate court held Tuesday.
An unsigned settlement over unsolicited robocalls hawking Agentra insurance never cleared the Third Circuit's final "hurdle" because Agentra never acknowledged or represented that it had agreed to the settlement's terms, an attorney for the insurer told a Pennsylvania federal court Tuesday.
The Federal Communications Commission on Tuesday floated its largest to date fine against a robocaller that allegedly copped the caller IDs of the likes of Cigna, Aetna and Blue Cross Blue Shield to sell health plans from lower-profile providers.
A California man who claimed to be a member of the Moroccan royal family in order to bilk business owners out of over $10 million dollars in a loan scheme was sentenced to nearly 14 years in prison, Georgia federal prosecutors announced Monday.
Insureds who have been with the same insurer for many years should determine when a virus exclusion was first added to their policies, as a lack of disclosure could be a basis to invalidate even the clearest virus exclusions, says Jordan Rand at Klehr Harrison.
As the COVID-19 pandemic profoundly tests the overall well-being of lawyers, firms with behavioral health programs can leverage or adapt many existing resources to respond to the crisis, while firms without formal programs can find little ways to make a big difference, says Krista Larson, director of employee well-being at Morgan Lewis.
A new Illinois Appellate Court opinion in Selby v. O'Dea acknowledges the difficult decisions litigants must make about asserting attorney-client privilege, offers practical guidance on whether to invoke the privilege as a sword or a shield, and gives attorneys practical guidance on how far a subject-matter waiver of the privilege should extend, says Matthew O'Hara at Freeborn & Peters.
Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.
Policyholders suffering losses related to COVID-19 can take steps right now, such as documenting proof of loss and mitigation efforts, to preserve their chances of recovery under property or business interruption insurance policies, says Creighton Page at Foley Hoag.
Businesses across the country are seeking to recover losses resulting from the COVID-19 crisis under the business interruption and civil authority provisions of their insurance policies, and a few early cases in California and Illinois preview some of the arguments likely to be made, say attorneys at Buckley.
A new South Korean study demonstrates that the so-called open office adopted by so many U.S. companies is extremely dangerous in the COVID-19 world, which is important to consider as Congress may provide employers federal immunity from COVID-19 suits as they reopen, says Steven Moore at Withers.
A new bipartisan bill in the Pennsylvania Senate answers the critics of other proposed business interruption legislation who argue that insurers should not be compelled to provide coverage for COVID-19-related losses if the policy language expressly excludes such coverage, and it may serve as a model for other states, says John Sylvester at K&L Gates.
The California Court of Appeal's decision in Crosno Construction v. Travelers undercuts the enforceability of pay-when-paid provisions that allow open-ended delays, so moving forward contractors should make sure to establish a more finite time frame, says Mathieu Putterman at Klinedinst.
As law firms chart their paths forward during these unsettled times, litigation funders are already observing changes in the types of products firms are seeking, such as an increase in one-off case funding requests, says Eric Blinderman at Therium.
Over the last year, the LSAT has been anything but unflappable — it has not been the objective, standardized law school entrance exam it's supposed to be, say soon-to-be law student Elliot Fuchs and attorney Saul Bienenfeld.
Business interruption claims have led the news about COVID-19 insurance disputes, but ahead could be property claims made pursuant to homeowners' policies — another proposition with significant complexity, says Drew Jones at Thompson Coe.
As governors across the country contemplate reopening their state economies, there are several options for allocating legal and financial responsibility for potential COVID-19 liabilities among businesses, employees, patrons, insurers, and federal, state and local governments, say attorneys at Ropes & Gray.
Many insurance contracts contain specific language providing for adjustments following state law changes, supporting state legislators' efforts to ensure that business interruption insurance covers COVID-19 losses, say Patrick McDermott and Syed Ahmad at Hunton.
The 2008 financial crisis revealed that overleveraged law firms suffer the most disruption during an economic downturn and pass that disruption on to their clients, so general counsel should utilize certain metrics to identify appropriately leveraged firms, says Adam Bass at Buchalter.