Insurance Law360 provides breaking news and analysis on insurance law. Coverage includes high-stakes cases against major insurance carriers, brokers, and reinsurers, as well as relevant policy developments and corporate deals.
A disabled Alabama woman on Wednesday urged a federal judge not to force her to arbitrate her dispute with Generali Worldwide Insurance Company Ltd. over disability benefits thousands of miles away in London — slamming the agreement as both procedurally and substantively unconscionable, and therefore unenforceable.
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.
A woman challenging a Florida law allowing insurers to deny personal injury protection claims for people injured in car crashes who don’t seek treatment within 14 days told a Florida federal judge Friday that State Farm can’t escape her putative class suit, arguing that an order in a related state court case doesn't preclude her claims.
Health insurance giant United HealthCare Services Inc. has slapped a host of generic-drug makers with a sprawling lawsuit in Minnesota federal court alleging they conspired to hike prices on a range of medications and saying “collusion in the generic pharmaceutical industry is well established at this point.”
The Texas Supreme Court on Friday announced it would hear oral arguments in two insurance disputes involving State Farm Lloyds, both of which concern whether policyholders are entitled to statutory damages on top of their initial benefits awards.