Insurance

Expert Analysis

• Opinion

  IRS Should Use Tax Law To Combat The Opioid Epidemic

  

  The IRS, which enforces anti-trafficking tax laws against state-regulated cannabis businesses, should be fair and apply the same policy against pharmaceutical companies that illegally market their opioids, says Kat Allen at Wykowski Law.

• Opinion

  FTC Must Tackle Anti-Competitive Drug Rebate Practices

  

  The Federal Trade Commission is well-equipped to take action against the anti-competitive "rebate walls" that pharmaceutical manufacturers are structuring in order to block new innovative drugs from entering the market, says David Balto, a former policy director of the FTC's Bureau of Competition.

• Q&A

  A Chat With Gilead Sciences Legal Ops Leader Gary Tully

  

  In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.

• Property Insurers: Beware Getting Stuck In Texas State Court

  

  Texas federal courts have split over how an election of liability affects property insurers' ability to remove lawsuits from state to federal court. Until the Fifth Circuit weighs in, out-of-state carriers must make timely decisions to avoid being stranded in state court, say Matthew Kolodoski and Harrison Yoss of Thompson Coe.

• Series

  Why I Became A Lawyer: Completing The Journey Home

  

  My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.

• 3 Insurance Issues Raised By The Notre Dame Cathedral Fire

  

  The devastating Notre Dame Cathedral fire provides a rare opportunity to consider the many unique factors that owners and insurers must consider when insuring national treasures, say attorneys at Zelle.

• Don't Let License Rules Snuff Out Your Fire Expert

  

  Lawsuits involving property damage due to fire often require the retention of an expert to investigate the fire, but testimony can be excluded if the expert lacks the required licenses. Attorneys at Tucker Ellis break down the different licensing requirements for fire scene inspection in all 50 states.

• Series

  Judging A Book: Wood Reviews 'The Making Of A Justice'

  

  Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.

• 2nd Circ.'s Logical Take On 'Event-Driven' Securities Claims

  

  The Second Circuit's recent opinion in Singh v. Cigna will not put an end to "event-driven" securities cases, which revolve around negative operational incidents. But it will likely increase the dismissal rate of such claims, and may deter weaker filings, say Adam Hakki and Agnès Dunogué of Shearman & Sterling.

• Despite Notice-Prejudice Rule Win, Insureds Should Stay Wary

  

  In Providence Health v. Certain Underwriters at Lloyd's London, a Washington federal court applied a notice-prejudice rule to reject the insurer's late notice defense to coverage, but insureds should still pay attention to claims-made-and-reported policies' notice requirements because not all courts may reach the same decision, say Deepthika Appuhamy and Brian Scarbrough of Jenner & Block.