Insurance

  • June 11, 2020

    Colo. Senate OKs Funding Virus Loans With Tax Credit Sales

    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.

  • June 11, 2020

    Insurer Denies Lewis Rice Conflict In $3.1M Coverage Row

    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.

  • June 11, 2020

    Hiscox Must Fund NY Drug Biz's Defense In Opioid Trial

    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.

  • June 11, 2020

    Insurance Cos. Can't Escape Lava Damage Coverage Suit

    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.

  • June 10, 2020

    Cigna Jumps Into Pharmaceutical Generics Price-Fixing Fight

    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.

  • June 10, 2020

    Insys Manager Who Flipped On Bosses Avoids Prison Time

    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.

  • June 10, 2020

    Travel Insurer Hit With Suit Over COVID-19 Trip Cancellations

    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.

  • June 10, 2020

    DC Salon Chain Hits Insurer With Virus Business Loss Suit

    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.

  • June 10, 2020

    Ind. Court Upholds Progressive's Win In $22M Bad Faith Suit

    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.

  • June 10, 2020

    Insurer Won't Defend Burger King Franchisee In BIPA Row

    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.

  • June 10, 2020

    Coronavirus Q&A: Becker & Poliakoff's Real Estate Leader

    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.

  • June 10, 2020

    Insurance Software Co. Nabs New Investors In $230M Round

    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.

  • June 10, 2020

    No 'Glue' Binding Wilderness Therapy Class, Judge Says

    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.

  • June 09, 2020

    MetLife Inks $84M Deal To End Investors' Life Insurance Suit

    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.

  • June 09, 2020

    Raytheon Ducks ERISA Suit Over Denied Therapy Coverage

    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.

  • June 09, 2020

    Calif. Backs Patent Atty's Whistleblower Suit Against Allergan

    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.

  • June 09, 2020

    Ransomware Hits Soar With No Relief In Sight, Insurer Says

    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.

  • June 09, 2020

    Time's Insurer Fights Coverage Of $6.9M Deal, Defense Costs

    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.

  • June 09, 2020

    A Primer On The Push To Combine COVID-19 Coverage Cases

    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.

  • June 09, 2020

    Colo. House OKs Funding Virus Loans With Tax Credit Sales

    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.

  • June 09, 2020

    Coronavirus Regulations: A State-By-State Week In Review

    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.

  • June 09, 2020

    Insurer Off The Hook For Ill. Nightclub's $3M Judgment

    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.

  • June 09, 2020

    Agentra Says It Never Cleared Final 'Hurdle' On Robocall Deal

    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.

  • June 09, 2020

    FCC Floats $225M Fine Over Spoofed Health Insurance Calls

    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.

  • June 09, 2020

    Advance Fee Fraudster Who Claimed Royal Ties Gets 14 Years

    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.

Expert Analysis

  • Disclosure Affects Enforceability Of Insurers' Virus Exclusions

    Author Photo

    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.

  • Promoting Lawyer Well-Being Is More Essential Than Ever

    Author Photo

    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.

  • Ill. Court Sheds Light On Selective Use Of Atty-Client Privilege

    Author Photo

    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.

  • Remote Depositions Bring Ethics Considerations For Lawyers

    Author Photo

    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.

  • Maximize Chances Of Insurance Coverage For COVID-19

    Author Photo

    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.

  • Battle Over Business Interruption Coverage Already Underway

    Author Photo

    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.

  • More Reasons To Redesign The Open Office Post-Pandemic

    Author Photo

    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.

  • Pa. Bill Offers New Approach To COVID-19 Business Insurance

    Author Photo

    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.

  • Calif. Construction Contractors Should Specify Payment Time

    Author Photo

    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.

  • Early Pandemic-Related Shifts We're Seeing In Legal Finance

    Author Photo

    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.

  • Opinion

    The Death Of The LSAT

    Author Photo

    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.

  • Does Property Insurance Cover COVID-19 Damage In Texas?

    Author Photo

    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.

  • 6 Ways Lawmakers Could Address COVID-19 Liability For Cos.

    Author Photo

    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.

  • Policy Provisions Bolster State Biz Interruption Laws

    Author Photo

    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.

  • 5 Great-Recession Lessons GCs Must Remember Today

    Author Photo

    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.

Can't find the article you're looking for? Click here to search the Insurance archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!