Insurance

  • February 3, 2014

    Edwards Wildman $23M Malpractice Suit Goes To Mass.

    A New York judge on Monday dismissed a $23 million legal malpractice suit targeting Edwards Wildman Palmer LLP and attorney John Hughes brought by an insurance company found liable for covering a deadly highway tunnel collapse in Boston, finding that the case belongs in Massachusetts.

  • February 3, 2014

    Insurance Group of the Year: Simpson Thacher

    Simpson Thacher & Bartlett LLP's insurance team convinced a Pennsylvania appeals court to vacate a $95 million judgment against American Nuclear Insurers in a coverage dispute over radiation injury claims, one of several accomplishments that makes it a Law360 Insurance Practice Group of the Year.

  • February 3, 2014

    Mich. Pharm Resold Drugs In $60M Fraud Scheme, DOJ Says

    Fourteen employees of a Michigan pharmacy ripped off Medicare, Medicaid and Blue Cross Blue Shield of Michigan to the tune of $60 million by retrieving unused drugs from nursing homes and illegally reselling them, the U.S. Department of Justice said Friday.

  • February 3, 2014

    In-House Counsel Name Client-Friendly Litigators

    Nearly 100 litigators were chosen by corporate counsel as being the most client-friendly thanks to their commitment to understanding business’ needs and goals and finding the right solution to problems that can seem to have many possible answers.

  • February 3, 2014

    Ch. 7 Trustee For Nightclub Insurer's Units Can Access Docs

    A Delaware bankruptcy judge on Monday allowed the trustee for affiliates of nightclub insurer Indemnity Insurance Corp. RRG to have immediate access to records at the company’s offices, but limited how much the firm’s founder, whom regulators claim might spoil evidence in IIC's rehabilitation, could participate in their retrieval.

  • February 3, 2014

    GCs Name Best-Of-The-Best Attys

    Hundreds of in-house counsel from the world's largest companies listed 330 private practice attorneys who deliver superior client service in an increasingly competitive legal environment, including 56 lawyers who are receiving the distinction for a second consecutive year.

  • February 3, 2014

    Calif. Court Won't Expand Last-Resort Insurer's Coverage

    A California appeals court held Friday that policyholders who suffered losses from wildfires could not recover more than their policy limits from the state's last-resort insurer, turning down claims in individual and class action litigation that the policies did not meet minimum standards.

  • February 3, 2014

    Insurer Off Hook For Junk Fax Settlement, Ill. Court Rules

    An Illinois appeals court has upheld a decision that let Cincinnati Insurance Co. off the hook for covering more than half of a $7 million settlement in a junk fax class action against Unitherm Inc., according to an opinion released Friday.

  • February 3, 2014

    Pa. Court Clerk Wants Gay Marriage Ban Challenge Heard

    The rogue court clerk in suburban Philadelphia who began issuing marriage licenses to same-sex couples in violation of state law over the summer urged the Pennsylvania Supreme Court on Friday to consider the constitutionality of the state's ban as part of the Department of Health’s suit against him.

  • February 3, 2014

    Akerman Opens Chicago Office With Ulmer & Berne Team

    Akerman LLP has opened an office in Chicago with a team of seven Ulmer & Berne LLP attorneys and one Akerman partner who will expand the firm’s capabilities in commercial and intellectual property litigation, including securities law, insurance and life sciences, it said Monday.

  • February 3, 2014

    NJ Justices Say 'Step-Down' Restrictions Aren't Retroactive

    The Supreme Court of New Jersey on Monday ruled that a legislative amendment curtailing the use of “step-down” provisions, which can cap employees' recoveries under commercial auto policies, was intended for prospective application, reversing a ruling that put some claimants in a position to collect higher settlements.

  • February 3, 2014

    Female Powerbrokers Q&A: Holwell Shuster's Dorit Black

    When I was an associate, a partner paid me a great compliment, stating that if he had to describe me in one word, it would be “kind.” I’ve always tried to embrace the feminine attributes I bring to the table, such as kindness and sensitivity, and believe that they have propelled me to where I am in my career today, says Dorit Ungar Black, a founding partner of Holwell Shuster & Goldberg LLP.

  • February 3, 2014

    Female Powerbrokers Q&A: Gibbons' Christine Amalfe

    Deal with sexism professionally, directly and quickly. Most offenders are embarrassed when they are called out, and even those who are not embarrassed generally understand quickly that they can not continue to engage in the conduct at issue without risking some type of repercussion, says Christine Amalfe, chairwoman of Gibbons PC's employment law department and a member of the firm's executive committee.

  • January 31, 2014

    Commish Blasts Doc Request By Nightclub Insurer Units

    Delaware Insurance Commissioner Karen Weldin Stewart said Friday that a request by bankrupt affiliates of nightclub insurer Indemnity Insurance Corp. RRG to gain access to records from the company's offices is an attempted “end run” around the receivership ordered by the chancery court.

  • January 31, 2014

    Arch Capital Closes $253M Buy Of US Insurance Cos.

    U.S. subsidiaries of Arch Capital Group Ltd. have closed on an acquisition of CMG Mortgage Insurance Co. and the mortgage insurance operating platform of PMI Mortgage Insurance Co., the company said Thursday.

  • January 31, 2014

    Insurance Group Of The Year: Quinn Emanuel

    Quinn Emanuel Urquhart & Sullivan LLP insurance attorneys’ impressive list of accomplishments for the past year include trailblazing a new follow-the-fortunes doctrine in New York and resolving a multitude of illegal kickback class actions against U.S. Fidelity and Guaranty Co., making it one of Law360's Insurance Practice Groups of the Year.

  • January 31, 2014

    Apache Sues For $265M To Cover Pipeline Explosion Suits

    Apache Corp. launched a suit in Texas state court Wednesday against Lloyd’s of London, HCC Insurance Holdings Inc., The Navigators Group Inc., Swiss Re and XL Group, alleging the insurers are refusing to extend $265 million in coverage for lawsuits stemming from an Australian pipeline explosion.

  • January 31, 2014

    Developer Wants Arbitration In $22M Construction Defect Row

    A PulteGroup Inc. subsidiary on Thursday sought to end a lawsuit in which an excess insurer claims its policy isn't triggered by construction defect litigation seeking more than $22 million, telling a California federal court that the dispute should be sent to arbitration.

  • January 31, 2014

    Diocese Files Ch. 11 To Free Up $15M For Sex Abuse Claims

    Following extended negotiations with its insurance carriers, the Roman Catholic Diocese of Helena, Mont., planned to file for Chapter 11 bankruptcy protection in Montana bankruptcy court Friday in order to free up $15 million to settle with victims of its members’ alleged sexual abuse.

  • January 31, 2014

    AIG Sues US, Sherwin-Williams For $3.3M In Cleanup Costs

    AIG Specialty Insurance Co. sued the government and contractor The Sherwin-Williams Co. in Illinois federal court Thursday, seeking reimbursement for $3.3 million of environmental cleanup costs incurred at a wildlife refuge once used as a munitions facility during World War II.