Atty Reacts To $345M Sex Abuse Deal Coverage Loss
Counsel representing private-school students who claim a teacher sexually abused them decades ago said they were down but not out after a Georgia state appeals court relieved insurers of covering a $345 million settlement.
Meet The Attys Behind AIG's $150M Pollution Coverage Win
A team of lawyers led by Gibson Dunn & Crutcher LLP guided an AIG unit to a Seventh Circuit ruling that the insurer owed no coverage for $150 million in legal costs from contamination lawsuits. Law360 takes a look at the attorneys who represented National Union Fire Insurance Co. of Pittsburgh, Pa.
New Polluter Pay Bills Center AG Action On Insurance Costs
Recent bills would give attorneys general in three states more power to sue fossil fuel companies over climate change-related insurance costs. Such lawsuits would likely face challenges.
Atty Reacts To $345M Sex Abuse Deal Coverage Loss
Counsel representing private-school students who claim a teacher sexually abused them decades ago said they were down but not out after a Georgia state appeals court relieved insurers of covering a $345 million settlement.
Meet The Attys Behind AIG's $150M Pollution Coverage Win
A team of lawyers led by Gibson Dunn & Crutcher LLP guided an AIG unit to a Seventh Circuit ruling that the insurer owed no coverage for $150 million in legal costs from contamination lawsuits. Law360 takes a look at the attorneys who represented National Union Fire Insurance Co. of Pittsburgh, Pa.
New Polluter Pay Bills Center AG Action On Insurance Costs
Recent bills would give attorneys general in three states more power to sue fossil fuel companies over climate change-related insurance costs. Such lawsuits would likely face challenges.
Expert Analysis
A Delaware court recently decided that Meta's insurers need not defend the company from lawsuits alleging addictiv... (more story)
Amid conflict in the Middle East, data centers may now be exposed to state-level kinetic threats, creating signifi... (more story)
As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies ... (more story)
Property More
A Zurich unit and engineering firm may seek indemnification from a subcontractor for an injury suit settlement, an AIG insurer doesn't owe coverage for a $150 million legal bill, and a Berkshire Hathaway unit ... (more story)
An Illinois law firm couldn't escape claims that it owes a Kenyan law firm upward of $1.5 million as part of a fee-sharing agreement stemming from a settlement with Boeing over the 2019 Ethiopian Airlines 737 ... (more story)
A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorne... (more story)
The Iran war has effectively closed a key global shipping lane for oil and gas, and the resulting logjam is causing major headaches for companies responsible for transporting oil and gas from the Middle East t... (more story)
Chainsaw manufacturer Stihl Inc. can't be held liable on claims that one of its batteries caused a house fire, a New Jersey federal judge ruled, ending the case because the plaintiff's experts could not prove ... (more story)
Two insurers failed to establish an error justifying review from the North Carolina Supreme Court of a decision allowing Tanger Factory Outlet Centers Inc. to seek $50 million in pandemic-related coverage, the... (more story)
A long-term care insurance provider is entitled to $45 million in coverage for premium increase suits, a group of insurers don't owe coverage for a Georgia school's $345 million sexual abuse settlement, and Ge... (more story)
Pennsylvania Manufacturers Association Insurance Co. is asking the city of New Haven, Connecticut, to repay nearly $3.6 million for settling two lawsuits surrounding the deaths of two rooming house residents i... (more story)
Two insurers urged the North Carolina Supreme Court to hear their appeal challenging a lower court's holding that North Carolina law applies to Tanger Outlets' suit seeking more than $50 million in pandemic-re... (more story)
Although a December executive order charts a course to potentially dismantle state artificial intelligence regulations applicable to virtually any industry, the effect on the insurance industry deserves specia... (more story)
General Liability More
A sandwich chain can't proceed with a suit seeking coverage for a class action claiming it violated Washington's Equal Pay and Opportunities Act, a Washington federal court ruled Thursday, saying the underlyin... (more story)
Nautilus Insurance Co. must defend Norfolk Southern Railway Co. in a state tort action over the death of a salvage worker, a New York federal judge ruled, finding the railroad giant presented sufficient eviden... (more story)
A Louisiana federal court declined to dismiss a suit by a Progressive unit asserting it has no duty to defend or indemnify a nail salon for claims stemming from a fatal shooting, accepting a magistrate judge's... (more story)
A ski resort owner said it is entitled to coverage for a claim made by the estate of a man who died after falling from a chair lift, telling a Montana federal court that its insurers erroneously asserted that ... (more story)
A Seventh Circuit panel on Friday ruled an AIG unit has no duty to cover $150 million in legal costs for Sterigenics and its former parent company following input from the Illinois Supreme Court on how to appl... (more story)
Berkeley National Insurance Co. and a Sompo International unit told an Illinois federal judge that excess liability policies they issued to Prairie Farms do not cover a $191.5 million punitive damages award th... (more story)
A drug wholesaler seeking coverage for underlying opioid litigation urged an Illinois federal court to sanction its insurer for destroying key emails and underwriting records, saying the carrier failed to upda... (more story)
A Georgia insurance company told North Carolina's highest court that the state's Business Court doesn't have jurisdiction over it in a shareholder dispute over the demise of a defunct captive insurer, arguing ... (more story)
The Georgia Court of Appeals rejected an attempt by a Chubb unit to share liability with an excess insurer for coverage of a $100 million settlement between a boat manufacturer and the family of a boy who died... (more story)
A commercial general liability insurer can only owe a maximum of $100,000 in total for abuse alleged in four lawsuits against a gym for a personal trainer's sexual misconduct, a Tennessee federal court ruled, ... (more story)
Specialty Lines More
Insurance executives accused of sabotaging their former company as they prepared to start a rival firm will ask the Eleventh Circuit to review a lower court ruling that Berkley Assurance Co. did not have to pa... (more story)
With the New York Responsible AI Safety and Education Act taking effect March 19, state regulators will expect subject artificial intelligence governance policies to understand whether appropriate safeguards a... (more story)
The Federal Deposit Insurance Corp., as receiver for Silicon Valley Bank after its historic collapse in early 2023, is entitled to recover on what could be tens of millions of dollars in financial institution ... (more story)
A Delaware court sets the stage for a high-stakes retrial in a coverage dispute over a $236 million Medicaid settlement.
Bankrupt aircraft parts maker Incora has sued several of its insurers for coverage of legal costs incurred by the debtor in a dispute over a prepetition uptier transaction, saying it is owed $30 million under ... (more story)
Several films up for best picture at this weekend’s Academy Awards provide useful tips for trial lawyers, from the power of a dramatic opening to the importance of pivoting when the unexpected happens, say att... (more story)
An AIG unit said it has no duty to defend or indemnify a management company accused of causing $8 million in losses to a South Carolina nonprofit hospital system, telling a Texas federal court that the company... (more story)
A Maryland law firm and attorney accused in two underlying actions of aiding a Ponzi scheme have sued their professional liability insurer in federal court, saying the carrier has wrongfully declined to contin... (more story)
A Texas federal court ruled that an insurer has no further liability beyond a $250,000 policy limit it paid to a construction company for its losses stemming from a social engineering cyber theft incident.
A long-term care insurance provider accused of hiking premiums without notifying customers may recover $45 million in coverage plus millions in pre- and post-judgment interest from its professional liability i... (more story)