Insurance

  • March 05, 2021

    Dole's Win Bolsters Del. Corporations In D&O Coverage Fights

    The Delaware Supreme Court issued a landmark ruling March 3 that state law does not excuse a Dole directors and officers insurer from covering the food company's settlements of fraud-based claims, a decision that will aid other Delaware corporations in similar disputes with their D&O carriers.

  • March 05, 2021

    Judge Says Trip Insurance Suit Against United Can't Takeoff

    A proposed class action accusing United Airlines of taking kickbacks in online travel insurance sales was grounded by an Illinois federal judge on Friday because the class of travelers couldn't say how the airline deceived them.

  • March 05, 2021

    Baseball Team Cries Foul On Bid To Toss Virus Coverage Suit

    The West Michigan Whitecaps minor league baseball team shot back at Federal Insurance Co.'s bid to strike out a lawsuit over the denial of coverage for COVID-19 losses, saying Thursday that the virus rendered its ballparks unusable last spring.

  • March 05, 2021

    Taxation With Representation: Latham, Skadden, Sullivan

    In this week's Taxation With Representation, cloud company Okta buys identity authentication company Auth0 for $6.5 billion, Las Vegas Sands sells property holdings for $6.3 billion, and insurance technology company Hippo inks a $5 billion merger.

  • March 05, 2021

    Judge Greenlights Beauty Salon's COVID-19 Coverage Suit

    A California federal judge permitted a beauty salon's proposed class action seeking COVID-19-related insurance coverage to proceed, ruling that it's "plausible" the salon experienced "direct physical loss" after not being able to use its property due to government closure orders.

  • March 05, 2021

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Scotland's ferry services sue its insurer, Britain's new high-speed rail service face another contract challenge and an ex-Qatari prime minister's company hit with a new suit. Here, Law360 looks at those and other new claims in the U.K.

  • March 05, 2021

    Watchdog Urged To Look Beyond Prices To Fight Climate Risk

    Europe's insurance regulator should take into consideration factors including the action that companies are taking to prevent climate change rather than focus solely on the pricing of cover in regulation on sustainability, according to the sector's trade body.

  • March 04, 2021

    Wells Fargo Fights Bid To Reveal Atty Docs In Stock-Drop Row

    Wells Fargo has urged a California federal court overseeing a putative securities fraud class action to reject a request by investors that the bank reveal communications it had with Gibson Dunn, arguing that the documents are protected by attorney-client privilege.

  • March 04, 2021

    Roc Nation Scores $12M Win In Maroon 5 Coverage Row

    A New York federal judge on Thursday awarded Jay-Z's entertainment company Roc Nation $12.5 million against HCC International Insurance Co. in a coverage dispute over the death of Maroon 5's manager, Jordan Feldstein, finding that the insurer wrongly calculated the coverage limit.

  • March 04, 2021

    Insurer Can Resume Stock Overvaluation Suit Coverage Row

    A Michigan federal judge ruled on Thursday that Great American Fidelity Insurance Co. can restart its bid to dodge coverage of a lawsuit accusing advisory firm Stout Risius Ross of faulty stock valuations, reasoning that the stock suit has been reduced to just one claim that's ineligible for coverage.

  • March 04, 2021

    'Pharma Bro' Shkreli Hit With 1st Private Antitrust Suit

    Blue Cross and Blue Shield's Minnesota unit hit Martin Shkreli on Thursday with what appears to be the first proposed private antitrust class action against the incarcerated "pharma bro," following in the wake of a 2020 Federal Trade Commission case that made similar claims. 

  • March 04, 2021

    NH High Court Says Insurers Must Cover Workers' Medical Pot

    New Hampshire's state workers' compensation insurers must reimburse eligible patients for their prescribed medicinal marijuana treatments, the state's Supreme Court ruled this week.

  • March 04, 2021

    MetLife Must Face Gender Bias Claims From Former Exec

    A Manhattan federal judge ruled Thursday that insurance giant MetLife must face most of the gender bias claims by a fired female executive, saying her allegations that colleagues called her a "bitch" with "sharp elbows" pointed to the possibility of broader discrimination. 

  • March 04, 2021

    Insurer Seeks $3M Aid In NJ Devils Arena Personal Injury Suit

    The insurer for Prudential Center says two Liberty Mutual units owe $3 million for the defense of a personal injury lawsuit brought by an electrician's apprentice who fell while pulling wire at the New Jersey Devils' hockey arena, according to a suit in Garden State federal court.

  • March 04, 2021

    Maritime Museum Seeks to Dodge $60M Sub Damage Suit

    An Australian museum asked a Massachusetts federal judge to hand it an early win in a $60 million dispute over a borrowed submarine that was damaged by fire during transit, arguing that it does not owe an American museum any payment after obtaining a $6.5 million insurance policy.

  • March 04, 2021

    Kirkland-Led Alternative Senior Care Biz Lands $350M In IPO

    Shares for a senior care enterprise that provides in-home support jumped on the stock exchange Thursday after the Apax Partners-backed company raked in roughly $350 million as part of its initial public offering guided by Kirkland & Ellis and underwriters' counsel Simpson Thacher.

  • March 04, 2021

    Post & Schell Failed To Disclose Docs In Arbitration, Suit Says

    A Post & Schell PC attorney representing Staples Inc. and Ryder Truck Rental in a case involving a 2004 truck crash should have disclosed additional insurance coverage that could have paid the rest of a crash victim's $1.4 million arbitration award, according to a lawsuit filed in Pennsylvania state court.

  • March 04, 2021

    5 Tips Insurance Attys Are Giving After Texas Winter Storm

    Texas insurance attorneys have been inundated with questions following the state's Valentine's Day storm that left millions without power and water, and are guiding business clients through what could be a thorny, long process to get fully compensated for the damage. Here, Law360 breaks down five tips commercial insurance attorneys are giving their clients.

  • March 04, 2021

    NJ Firm Accused Of Unlawfully Trying To Collect On Debt

    A New Jersey consumer has filed a proposed class action against Faloni Law Group LLC, claiming the firm worked on behalf of a debt collector that was not registered in the Garden State.

  • March 04, 2021

    'Discovery War' Revealed In Insurer's Contract Row With UBS

    An unsealed document has revealed a fierce discovery fight in UBS Financial Services Inc.'s contract lawsuit against Ohio National Life Insurance Co., with the insurer seeking to revive its sanctions bid over document requests that UBS says are justified.

  • March 04, 2021

    Insurance Co. Employees File FLSA Suit Over OT

    An Illinois insurance company misclassified employees as exempt from overtime even though they did not do executive work, a group of former employees claimed in a proposed class and collective action in federal court.

  • March 04, 2021

    Latham, S&C Direct $5B SPAC Deal For Insurance Tech Co.

    Insurance technology company Hippo, guided by Latham & Watkins, has agreed to merge with a Sullivan & Cromwell-advised special purpose acquisition company that is led by the co-founder of LinkedIn at an enterprise value of $5 billion, the companies said Thursday.

  • March 03, 2021

    NY Jeweler Says Insurance Covers Mayor Donor's $6.3M Theft

    A New York jeweler said an AXA insurance affiliate has wrongfully refused to cover its loss after Jona Rechnitz, a disgraced former donor to New York Mayor Bill de Blasio, stole over $6.3 million worth of jewelry to pay off his "crippling" debt.

  • March 03, 2021

    Insurer Owes Dole $12M Over Investor Suits, Del. Justices Say

    Delaware's high court affirmed Wednesday that RSUI Indemnity Co. owes more than $12 million toward $222 million in settlements that Dole Food Co. and its CEO struck to resolve stockholder suits over alleged fraud in a 2013 take-private deal, clarifying that state law permits coverage for claims of fraudulent conduct.

  • March 03, 2021

    5th Circ. Mulls Need For HHS Transgender Bias Rule Appeal

    Three Fifth Circuit judges questioned Wednesday whether there's any live controversy before them in an appeal in which a Catholic health care system claims a lower court didn't go far enough in striking federal anti-sex discrimination provisions protecting transgender people and abortion recipients.

Expert Analysis

  • Ethics Tips For Attorneys Telecommuting Across State Lines

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    Attorneys working remotely from jurisdictions in which they are not admitted should take precautionary steps to avoid engaging in unauthorized practice of law, say John Schmidt and Michael Seaman at Phillips Lytle.

  • Opinion

    Abusive M&A Litigation Highlights Need For Securities Reform

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    In-court M&A challenges that benefit plaintiffs counsel more than shareholders continue unabated, demonstrating the need for federal securities law reform to prevent what amounts to a deal tax on companies forced to pay mootness fee settlements and higher directors and officers insurance premiums, say attorneys at Seyfarth.

  • 6 Ways Legal Employers Can Help Pandemic-Weary Parents

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    Parenting during the pandemic has introduced a series of competing personal and professional obligations for attorneys and professional staff, and even organizations that are supportive of their parent employees can take steps to do better, says Meredith Kahan at Saul Ewing.

  • Renewable Energy Cos. Need New Risk Management Tools

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    As President Joe Biden seeks to ramp up renewable energy development, the industry's risk managers must not only rely on traditional insurance and contractual warranties, but also explore new risk management products like proxy revenue swaps, say Leslie Thorne and Andrew Van Osselaer at Haynes and Boone.

  • COVID-19 Insurance Issues To Watch In Civil Law Countries

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    A recent decision from a Spanish court of appeals shows that COVID-19 business interruption coverage disputes may not have outcomes that would be expected in common law countries, say Miguel Torres at Martínez-Echevarría & Rivera Abogados and José Umbert at Zelle.

  • Remote Working Tips For Lawyer Trainees And Their Firms

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    The prospect of joining a law firm during the pandemic can cause added pressure, but with a few good practices — and a little help from their firms and supervising attorneys — lawyer trainees can get ahead of the curve while working remotely, say William Morris and Ted Landray at King & Spalding.

  • Obtaining General Jurisdiction Over Out-Of-State Insurers

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    A series of recent court decisions illustrate the challenges of litigating against insurers in a state where neither party resides, and demonstrate alternate means of securing jurisdiction, says Richard Mason at MasonADR.

  • What Biden's Ethics Pledge Means For Gov't Revolving Door

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    Attorneys at Nossaman look at how President Joe Biden’s ethics pledge goes beyond those of his predecessors by imposing post-employment shadow lobbying and golden parachute restrictions on his administration’s appointees — and how a House bill proposing expansion of federal ethics law could affect enforcement.

  • Opinion

    Punishing Bar Exam Policies On Menstrual Products Must Go

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    Law graduates across the states are sitting for the grueling two-day bar exam this week despite menstruation-related barriers, such as inadequate menstrual product and bathroom access, which could be eradicated with simple policy tweaks, say law professors Elizabeth Cooper, Margaret Johnson and Marcy Karin.

  • It's Time For Law Firms To Start Loving And Leveraging Data

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    The volume and diversity of data managed by law firms today — from client files to internal financial records — may seem daunting, but when properly organized, good data can help practitioners stay competitive by providing sharper insight into firm resources and cost of work, say Jaron Luttich and Barry Wiggins at Element Standard.

  • Opinion

    11th Circ. Should Reconsider Remote Arbitration Subpoenas

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    In light of the pandemic and resulting advancements in teleconferencing practices, the Eleventh Circuit should consider revisiting its 2019 ruling in Managed Care Advisory Group v. Cigna Healthcare, which mandated in-person hearings for third parties' subpoena compliance, says Suzanne Wynn Ockleberry at Wynn Arbitration.

  • Keys To Protecting Clients During Law Firm Dissolution

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    Whether a law firm dissolution is amicable or adversarial, departing attorneys should take steps to maintain their legal and ethical responsibilities toward clients, and beware client confidentiality pitfalls when joining new firms, say John Schmidt and Colin Fitzgerald at Phillips Lytle.

  • Biz Interruption Insurance Considerations After Texas Storms

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    Businesses that have suffered losses from the snow and utility interruptions in Texas should consider the broad range of commercial property insurance policy triggers that may apply, says Micah Skidmore at Haynes and Boone.

  • When Domestic Securities Fall Outside Scope Of Federal Law

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    The Second Circuit’s recent opinion in Cavello Bay Reinsurance v. Stein, which held a private securities sale was extraterritorial despite several ties to New York, underscores that how transaction agreements are structured could affect whether a deal may be subject to federal securities laws — especially in an increasingly remote world, say attorneys at Cleary.

  • How Case Management Orders Can Support New Attorneys

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    Courts are leading the way in ensuring oral argument opportunities for newer attorneys by incorporating innovative language in a variety of orders, and private parties can and should follow suit by incorporating similar language into case management orders, say Megan Jones and Halli Spraggins at Hausfeld.

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