We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Insurance

  • March 21, 2019

    NY's Vullo Set For Hot Seat In NRA Discrimination Suit

    The National Rifle Association will have a chance to grill Maria T. Vullo, New York’s former top financial services regulator, after an Albany federal magistrate judge granted its deposition bid in its lawsuit alleging she and Gov. Andrew Cuomo sought to silence the gun rights advocacy group by squeezing the financial institutions it works with.

  • March 21, 2019

    Nationwide’s $5M Sales Robocall Deal Gets Initial Approval

    A Georgia federal judge Wednesday signed off on a $5 million proposed settlement ending claims that Nationwide Mutual Insurance violated the Telephone Consumer Protection Act with marketing robocalls to unsuspecting consumers.

  • March 21, 2019

    Transamerica Must Face Policyholders' Suit Over Rate Hikes

    A California federal judge on Wednesday ruled that Transamerica Life Insurance Co. must face a suit claiming it breached agreements with two policyholder groups by drastically increasing their monthly costs, largely denying its bid to dismiss the policyholders’ claims.

  • March 21, 2019

    'Training Wheels' Come Off New NY Cybersecurity Rules

    New York’s financial services regulator has demonstrated an eagerness to help companies get up to speed on the state's landmark cybersecurity rules over the past two years, but with the implementation grace period now over, enforcement is likely to heat up, experts say.

  • March 21, 2019

    Chicago O'Hare Injury Suit Not Covered, Insurer Says

    A New Jersey insurance company told an Illinois federal judge Wednesday it is not responsible for providing coverage to the city of Chicago and several construction companies for a personal injury suit stemming from a truck accident at Chicago O'Hare International Airport.

  • March 21, 2019

    Insurers Must Name Climate-Problem Clients, Nonprofits Say

    California is under pressure to force insurers to name the fossil-fuel projects they insure and underwrite, with nonprofit groups calling Thursday for emergency measures from the state’s insurance regulator.

  • March 21, 2019

    Law360's Tort Report: Personal Injury & Med Mal News In Brief

    A plane crash that killed four partners in the same injury defense firm and proposed tort reform legislation in Kentucky lead Law360’s Tort Report this week, an occasional feature that compiles recent personal injury and medical malpractice news items that may have been missed.

  • March 21, 2019

    Ky. AG Wants Answers On Possible PBM Overcharges

    Kentucky's attorney general on Thursday announced that his office will take a hard look at whether pharmacy benefit managers have been charging commonwealth health insurance programs too high a price for prescription drugs, making it the latest agency to probe the PBM industry.

  • March 21, 2019

    FDIC's $695M Mortgage-Backed Securities Suit Tossed

    A New York federal judge dumped the Federal Deposit Insurance Corp.'s $695 million residential mortgage-backed securities suit against three banks Wednesday, finding for the second time that the agency lacked standing to bring claims of improper conduct against trustees of the bundled mortgages.

  • March 21, 2019

    TCJA Could Trip Up Companies With Loss Years

    The international provisions of the 2017 tax overhaul often limit the ability of taxpayers to carry forward losses or credits and smooth over their tax liabilities, leveling an unexpected tax hit on companies with uneven years of profitability.

  • March 20, 2019

    What’s In A Judgeship? More Than Meets The Eye

    Figuring out what constitutes a manageable workload for the nation’s district judges is no simple task. Getting the judiciary the resources it needs is even harder.

  • March 20, 2019

    Swamped: How Magistrate Judges Salvaged Louisiana's Judicial Crisis

    The Western District of Louisiana is supposed to have seven district judges. But for a year, most of the courthouses were operating without a single Article III judge. As usual, magistrate judges picked up the slack.

  • March 20, 2019

    Fla. Insurer Must Give Up Partial Provider List In Contract Spat

    A Florida appeals court ruled Wednesday that the winner of a contract to provide dental benefits for Florida’s health insurance program for children has to hand over some documents, including a list of its providers, to a public records request by a losing bidder but can keep secret a list of potential providers.

  • March 20, 2019

    Health Co. Can't Slip Insurer's Suit Over Med Mal Settlement

    A Pennsylvania federal judge has let an insurer proceed with its suit seeking to claw back its share of a settlement reached after a $19 million medical malpractice award against a regional health care provider, saying it’s possible the health system breached its policy by failing to keep the insurer updated on the trial.

  • March 20, 2019

    J&J Talc Supplier's Ex-Owners Ask For Ch. 11 Shield

    The former owners of bankrupt Johnson & Johnson talc supplier Imerys Talc America Inc. asked a Delaware bankruptcy judge Wednesday to extend to them the protections of the automatic stay granted to the debtor in Chapter 11 cases so a dispute over insurance policy proceeds can be resolved.

  • March 20, 2019

    Insurers Can Seek Costs From Bridge Collapse Suit Coverage

    A Florida federal court on Tuesday partially dismissed insurers' suit seeking to deny an engineering firm legal defense coverage over the deadly collapse of a pedestrian bridge at Florida International University near Miami, but said they may still seek reimbursement of fees and costs already incurred.

  • March 20, 2019

    Roche Accuses Health Co. Execs Of $87M Test Strip Fraud

    Two Roche units have accused the former leaders of a bankrupt health care services company of a scheme to fraudulently obtain pharmacy insurance benefits from diabetes testing strips not meant for drug store sales, causing the drugmaker to pay $87 million in unwarranted rebates.

  • March 20, 2019

    NY Life Unit Loans $94M For Calif. Office Project

    The real estate lending arm of New York Life Insurance Co. has given $94.1 million in financing to California developer Westlake Realty Group Inc. for a San Mateo office project, New York Life announced Wednesday.

  • March 20, 2019

    Former Firm Acting Like 'Jilted Lover,' Ill. Atty Says

    An Illinois attorney accused of stealing millions of dollars' worth of work from his former firm has told a state court the firm's principal is acting more like a "jilted lover" and hasn't investigated the claims in his lawsuit.

  • March 20, 2019

    Insurance-Focused Blank Check Co. Scores $131M IPO

    Insurance-focused blank check company Insurance Acquisition Corp. made its market debut Wednesday, one day after pricing shares in a $131 million initial public offering guided by Ledgewood PC.

Expert Analysis

  • Lenders Score Major High Court Victory In Foreclosure Case

    Author Photo

    The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.

  • Tech Trends From SXSW Pose Unique Questions For Lawyers

    Author Photo

    These days, a popular theme in media is that lawyers' jobs will be taken by robots. However, based on the tech issues discussed at the South by Southwest technology conference in Austin, Texas, last month, robots may in fact need lawyers, says Nick Abrahams of Norton Rose Fulbright.

  • In Bar Admissions Process, It's Candor Or Bust

    Author Photo

    You passed the bar exam and are ready for the character and fitness committee interview. Time to think about how to discuss that minor incident in college, that misdemeanor in high school or that mental health issue that you have totally under control, says Richard Maltz of Frankfurt Kurnit Klein & Selz PC.

  • Series

    Judging A Book: Bashant Reviews 'Doing Justice'

    Author Photo

    My initial reaction to "Doing Justice" was that author Preet Bharara may have bitten off more than he could chew — an accusation leveled against him when he served as U.S. attorney for the Southern District of New York — but I found the book full of helpful gems, says U.S. District Judge Cynthia Bashant of the Southern District of California.

  • Firms Can Leverage Communications When Economy Is Slow

    Author Photo

    Though most experts believe that an imminent recession is unlikely, slowdown fears are increasing. Now is the time for firms to consider how to best leverage their communications and marketing teams to lessen impacts from a potential economic slowdown, says Tom Orewyler of Tom Orewyler Communications LLC.

  • Ethical Social Media Marketing For Lawyers

    Author Photo

    Social media presents rich opportunities to reach prospective clients. Attorneys should not let those opportunities pass them by, but they should keep their ethical obligations in mind as they post, says Cort Sylvester of Nilan Johnson Lewis PA.

  • Q&A

    A Chat With Norton Rose Diversity Director Nina Godiwalla

    Author Photo

    In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Nina Godiwalla, director of diversity and inclusion at Norton Rose Fulbright.

  • How 9th Circ. Approaches 'Related Claims' Insurance Disputes

    Author Photo

    Two recent Ninth Circuit decisions concerning errors and omissions professional liability insurance demonstrate that when construing "related claims" provisions, the court tends to favor close analysis of facts and policy language over broad standards or tests, say Nicholas Maxwell and Diana Gliedman of Anderson Kill PC.

  • Rebuttal

    9th Circ. Gets It Right On Molestation Insurance Coverage

    Author Photo

    A recent Law360 guest article claimed the Ninth Circuit's ruling in Westport v. California Casualty is "regretful," but when the case's proper context and history are taken into account, the decision provides sound guidance to both insurers and policyholders, says Adam Fleischer of BatesCarey LLP.

  • 5 Mistakes Law Firms Make When Responding To RFPs

    Author Photo

    More and more corporations are now using requests for proposals to make data-driven decisions about which law firms to work with, so it is more important than ever for law firms to avoid common RFP mistakes, says Matthew Prinn of RFP Advisory Group.