NC Law Firm Can Pursue Coverage In $510K Loan Fraud Row
A North Carolina federal judge on Tuesday said a professional liability insurer must face claims that it has to defend a law firm against allegations it was responsible for a $510,000 fraudulent home loan, fin... (more story)
SVB's $73M Fraud Losses Not Covered, Insurers Say
Two insurers said they owe no coverage for a fraudulent scheme that caused the failed Silicon Valley Bank to lose $73 million, telling a North Carolina federal court that the bank has not satisfied all require... (more story)
Ga. Lawyer Says Fraud Coverage Ruling Misread State Law
A Georgia attorney on Wednesday urged a federal judge to undo a recent ruling declaring his professional liability insurer doesn't owe him coverage in an underlying lawsuit alleging the lawyer schemed with a c... (more story)
Jury To Weigh Coverage Suit Over Ex-Chemoil CEO's Fee Deal
It is up to a jury to decide whether the ex-CEO of an oil company breached provisions of the company's directors and officers policy when he entered into a $1.2 million deal with his former employer without th... (more story)
5 Trial Lessons You Learn By Losing
Exploring insights that are usually gained only after trial loss can expose the gaps between what we intend to communicate and what lands with the fact-finder, including why being right isn't always a win and ... (more story)
Chinese Bank Must Face Aon Unit's Reinsurance Fraud Suit
China's largest bank can't avoid an Aon PLC subsidiary's suit seeking to hold the bank liable for its alleged role in a multibillion-dollar reinsurance fraud scheme, a New York state court ruled, allowing all ... (more story)
Insurance Litigation Week In Review
State Farm doesn't owe uninsured motorist coverage, an Ameritas policy is an illegal life wager, and a Georgia attorney accused of fraud isn't entitled to professional liability coverage. Law360 has the past w... (more story)
Insurer Escapes Covering Ga. Atty In $750K Fraud Suit
A Georgia attorney's professional liability insurer owes no coverage for an underlying suit alleging the lawyer conspired with a client to enrich themselves from a litigation funding company by claiming a fict... (more story)
Travelers Says Prior Claims Bar $2.3M Habitat Loss Coverage
A Travelers unit urged a Texas federal court to find it owed no coverage for a $2.3 million judgment entered against a real estate broker over claims it negligently permitted a contractor to enter a property a... (more story)
Life Policy With $21M Payout Voided As Illegal Life Wager
A Delaware federal court voided a life insurance policy as an unlawful wager on a now-deceased Florida woman's life, finding that Ameritas Life Insurance Corp. is entitled to retain the policy's $10 million de... (more story)