A group of foreign insurers including underwriters at Lloyd’s of London won a bid to force into arbitration a property owner's suit seeking coverage for Hurricane Harvey damage after a Texas federal court decided the insureds had failed to adequately show why their policy’s arbitration clause shouldn’t stand.
Center City Healthcare LLC told the Delaware bankruptcy court Thursday that it plans to pay $6.2 million to purchase medical liability insurance for former medical professionals at its facilities to help bring an end to disputes in its Chapter 11.
A State Farm unit used an inadequate claims review process to deny or reduce personal injury benefits to policyholders who required medical treatment after car accidents, a proposed class alleged in Kentucky federal court.
A Missouri federal judge on Friday awarded $7 million in fees to attorneys who won a $102 million judgment for PNC Bank NA’s predecessor’s role in an alleged $600 million scam involving funeral contracts.
A New York drug distributor told a Rochester federal court that Hiscox Insurance Co. shouldn't be allowed to "flee from its coverage obligations" in a case seeking to force the insurer to advance costs for an upcoming trial over the drug distributor's alleged role in the opioid epidemic.
The former owners of a defunct Pittsburgh-area shopping mall have reached a settlement over allegedly unpaid bills for cleanup after a 2018 flood, asking a bankruptcy court to approve the deal Friday.
Hundreds of cannabis reform bills are making their way through Congress and statehouses across the country. Here, Law360 takes stock of some recent major legislative developments and looks ahead to the bills that are expected to get a hearing in the next few days.
The New Jersey Supreme Court agreed Friday to review an appeals court's ruling that Johnson & Johnson's state insurance premium tax obligation is limited to risks insured within the Garden State and not throughout the nation, a decision that revived the health care giant's bid for a $55 million refund.
An insurance company is arguing in Indiana federal court that it has been targeted by a "serial TCPA litigant" aiming to score profits by luring companies into making apparently unwanted calls and then using that as the basis for legal action.
A Virginia federal judge has ruled that Owners Insurance Co. doesn't have to cover a real estate firm's loss of funds that an employee wired to a fraudster who posed as the firm's president in emails, saying the insurer is not obligated to cover voluntary transfers of money caused by fraud.
A New Jersey state appellate court on Friday reversed a trial court defeat for United Services Automobile Association in a coverage row stemming from a golf cart accident, ruling that an insurance policy issued by the company excluded coverage for vehicles that weren't listed on it.
A Japanese insurer has brought a suit against Belt Railway Co. of Chicago in Illinois federal court claiming it ignored proper procedures that led to the derailment of eight new passenger railcars, costing $8 million in damages that the insurer now seeks to recover.
The past week in London has seen a premium payment card provider drag an exiled Ukrainian politician to court, an investment company sue Cuba for unpaid government debt and lenders offering unregulated finance take action against The Times newspaper. Here, Law360 looks at these claims and more.
A former AIG Inc. legal department employee and his father have settled U.S. Securities and Exchange Commission claims that they bought stock in Validus Holdings Ltd. based on the son's inside knowledge that AIG planned to buy the company, the agency said.
Blue Cross Blue Shield of Florida has told the Eleventh Circuit that its rules barring agents from selling competing insurance policies are exempt from federal antitrust law, despite contentions from rival Oscar Insurance Co. and the U.S. Department of Justice.
The Affordable Care Act's individual mandate is not an excise tax entitled to priority treatment in bankruptcy proceedings, the Fifth Circuit said Thursday, reversing a district court's decision.
A New York federal judge on Wednesday ordered Hertz and a pair of insurers to attend mediation over the car rental giant’s bid for reimbursement of a $23 million legal bill incurred amid a U.S. Securities and Exchange Commission probe.
Federal Insurance Co. was wrongly freed of its duty to cover the excess portion of a $15 million settlement that ended litigation over a fatal fire at an abandoned Chicago laundromat, a Pennsylvania-based commercial mortgage lender told the Seventh Circuit Thursday.
Carlton Fields is expanding its fintech and property and casualty insurance regulatory and transactional practice group with a new shareholder in the New York office who joins from Stroock & Stroock & Lavan LLP, the firm announced Thursday.
A Washington federal judge boosted hospital operator Providence Health & Services on Wednesday in its bid to force its insurers to cover a $17.5 million arbitration award that a neurosurgeon won against it in a wrongful termination action, ruling that a policy exclusion for breach of contract claims doesn’t bar coverage.
The Seventh Circuit declined Thursday to revive an insurance company worker's lawsuit claiming she was fired because of a back injury, saying her absenteeism and lack of knowledge about certain insurance products were a problem long before she got hurt.
The United States Olympic & Paralympic Committee is urging a Colorado federal court to toss a suit filed by Philadelphia Indemnity Insurance Co. over the coverage of lawsuits alleging the organization covered up sexual abuse, saying the court has no jurisdiction over a federally chartered organization like the USOPC.
Two men who secured a $60.4 million Telephone Consumer Protection Act judgment against an insurance broker urged the Eleventh Circuit to make a Liberty Mutual unit cover the bill, arguing Wednesday that an invasion of privacy exclusion in the broker’s policy doesn’t apply.
A Florida law firm and its shareholders said on Wednesday that they're owed damages from an insurance company that refused to cover their defense in a $14 million suit over a loan transaction, urging the Eleventh Circuit to overturn a lower court's finding that they lacked sufficient evidence of lost profits.
Insurance broker Marsh USA Inc. doesn't have to face a state court action accusing it of helping conceal the risks of asbestos inhalation, after the Second Circuit on Wednesday reinstated a bankruptcy court's finding that such claims are categorically barred by an order entered back in the 1980s.
Modern societal factors such as litigation funding and the information age's impact on jurors have generally raised insurers' defense and indemnity costs across multiple lines of coverage. Fortunately, insurers have several tools to address this increase, sometimes referred to as social inflation, say attorneys at Hinshaw & Culbertson.
A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.
Although the Centers for Medicare & Medicaid Services' new reinsurance rule is a welcome development for Medicare Advantage organizations, uncertainty surrounds whether it could ever allow quota share reinsurance agreements, say Jon Biasetti and Benjamin Sykes of Locke Lord.
As attorneys, we may prefer the precision of written communication, but a phone call or an in-person conversation builds trust by letting others see and hear our authentic selves, rather than something constructed or scripted, says mediator Sidney Kanazawa of ARC.
The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.
In the decades since the passage of the Hart-Scott-Rodino Act and Tunney Act, four mergers and acquisitions antitrust practice trends have endured, but there are several recent counterexamples — including a New York federal court's approval of the T-Mobile-Sprint merger this week, says Tim Haney of Lexis Practice Advisor.
When working to comply with the California Consumer Privacy Act and new privacy and data security regulations in other states, insurers need to assess the categories, sources and uses of personal data they collect, paying close attention to important definitions that may vary under different laws, say Laura Jehl and Jaime Petenko of McDermott.
A Maryland federal judge's recent decision in National Ink and Stitch v. State Auto is among the first to hold that a business owner's insurance policy covered ransomware attack losses, utilizing well-reasoned analysis to demonstrate that coverage for cyberrisks can be found in traditional insurance contracts, say attorneys at Jaszczuk.
A recent survey of lawyers’ professional liability insurers revealed an increase in malpractice claims against law firms, suggesting clients will demand more accountability in the coming decade, say Gerald Klein and Amy Nguyen at Klein & Wilson.
In her new book, "Guilty People," Abbe Smith successfully conveys that seeing ourselves in people who commit crime may be the first step to exacting change in our justice system, says U.S. District Judge Diane Humetewa of the District of Arizona.
The Fourth Circuit's recent decision in Old White Charities v. Bankers Insurance reminds policyholders to read their insurance applications carefully, because courts may hold them accountable even if an error is made by a broker, says Tae Andrews of Miller Friel.
Audited taxpayers with microcaptive insurance transactions who received a settlement offer as part of a recent IRS resolution initiative must consider whether the amount of money at issue or the existence of unfavorable facts outweigh the cost of accepting the harsh terms, says Philip Karter at Chamberlain Hrdlicka.
Recent decisions from the Second and Eleventh Circuits demonstrate that courts are diverging on how to treat insurance coverage for email spoofing losses, but still hold valuable lessons for individuals, insurers and organizations, say Alexander Cogbill and Kristian Smith of Zelle.
A recent cyberattack that exposed tens of thousands of cannabis dispensary customers' personal data underscores why cyber liability insurance is increasingly necessary for cannabis companies, but rising premiums highlight the importance of tailoring coverage to specific needs, say attorneys at Reed Smith.
Corporate strategy and communications surrounding the recent resignation of Alphabet's chief legal officer provide a remarkable example of what companies should not do in a crisis, says Jolie Balido at NewStar Media.