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March 26, 2026
A California jury has found that actor Kevin Spacey's absence from the final season of "House of Cards" was not due to a sex addiction sickness he was being treated for, a verdict that denies claims by the production companies behind the show that its insurers owed them around $100 million when he failed to return for the hit Netflix series' swan song.
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March 26, 2026
Corebridge Financial Inc. and Equitable Holdings Inc. said Thursday they have agreed to merge in an all-stock transaction that values the combined company at about $22 billion, in a deal steered by Skadden Arps Slate Meagher & Flom LLP and Paul Weiss Rifkind Wharton & Garrison LLP.
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March 25, 2026
A Massachusetts federal judge on Wednesday largely rejected a bid by insurers and brokers to toss claims that they colluded in a kickback scheme to steer Medicare Advantage customers to certain companies and to push away disabled individuals.
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March 25, 2026
A professional liability insurer for a law firm owes no coverage for a suit against the firm's named partner alleging he coordinated with his wife to steal trade secrets from a corporate client where his wife served as an executive, a Georgia federal judge ruled Wednesday.
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March 25, 2026
A Michigan appellate panel has affirmed a multi-million-dollar judgment won by the city of Detroit following a bench trial, holding that developers improperly kept millions in insurance proceeds after a fire destroyed a senior housing project.
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March 25, 2026
A Liberty Mutual unit must face most of a Connecticut woman's claims that the insurer mishandled a car crash suit she filed against its policyholder that ultimately resulted in a nearly $1.6 million judgment, a Connecticut federal court ruled.
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March 25, 2026
Federal regulators moved Wednesday to curb their authority to subject large asset managers, insurers and other nonbank firms to heightened, bank-like supervision, proposing guidelines that would reinstitute tougher standards for these too-big-to-fail designations.
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March 25, 2026
An AIG unit is entitled to $3.9 million of a contractor's attorney fee award in underlying arbitration over a bridge building project, an Indiana federal court ruled, rejecting a surety's contention that the insurer's right to the award is secondary to its perfected security interest or equitable subrogation rights.
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March 25, 2026
An insurer does not owe coverage in an antitrust suit accusing a pharmaceutical company of suppressing generic versions of the Parkinson's treatment Apokyn, a Maryland federal judge ruled, finding the dispute does not involve "securities claims" covered under the insurer's policy.
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March 24, 2026
The Eleventh Circuit appeared conflicted Tuesday over a former CEO's claims that he was wrongly hit with more than $800,000 in penalties after a civil securities complaint into an alleged Ponzi scheme, weighing whether he was properly dinged for three violations over one enterprise.
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March 24, 2026
Business services company Conduent unlawfully imposes health insurance surcharges on employees who use tobacco products, forcing them to pay more for coverage the company provides, a former employee and plan participant said in a proposed class action in New Jersey federal court.
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March 24, 2026
The ranking member of the Senate Foreign Relations Committee sought more information about the U.S. International Development Finance Corp.'s plan to provide up to $20 billion in maritime reinsurance in the Persian Gulf region, expressing concern that China could be the proposal's "greatest direct beneficiary."
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March 24, 2026
A defective Stanley Black & Decker Inc. battery pack caused a fire that destroyed a Washington Ace Hardware store, the store owner and its insurer said Tuesday in a suit against the toolmaker in Washington federal court, seeking to recover more than $8.7 million in damages.
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March 24, 2026
The owner of a Manhattan property is an additional insured under its tenant's policy and entitled to a defense in an underlying slip-and-fall suit, a New York federal court ruled Tuesday, saying the tenant's failure to add its current landlord to the policy was clearly a mistake.
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March 24, 2026
A Louisiana federal judge has released two insurance companies from having to defend a nitrous oxide seller in a personal injury suit after the court found that injuries stemming from the use of psychotropic substances were excluded from coverage.
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March 23, 2026
Insurance provider General Casualty Co. of Wisconsin on Friday challenged client Reed Hein & Associates LLC's $630 million settlement with a class of Reed Hein customers in Washington federal court, saying the figure was crafted by a plaintiffs' expert with no relevant background.
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March 23, 2026
A group of insurers sued by a Berkshire Hathaway-owned construction supplier have asked a Colorado federal judge for an early win in the suit, claiming they have no duty to indemnify the damages in an underlying antitrust suit.
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March 23, 2026
Echoing a recent Fifth Circuit ruling, a Maryland federal judge has held that written consent to receive telemarketing calls is not required under the Telephone Consumer Protection Act, reversing a decision to certify a class of consumers against a dental plan marketer.
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March 23, 2026
Truck Insurance Exchange urged a New York federal court to remand its bid to disqualify an arbitrator, who previously served as the insurer's attorney, from an asbestos coverage fight with a group of reinsurers, saying the court lacks subject matter jurisdiction.
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March 23, 2026
Allegations that Progressive Corp. wrongly charged higher health premiums from workers who used tobacco or refused the COVID-19 vaccination failed to state a claim for violating federal benefits law, an Ohio federal judge ruled as he tossed a proposed class action against the insurance giant.
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March 23, 2026
Elevance Inc. can't compel arbitration of a union health plan's allegations the insurer caused it to pay excessive administrative fees and medical costs, a Connecticut federal judge ruled, finding the insurer and its subsidiaries waived that right by seeking to dismiss the proposed class action.
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March 23, 2026
The North Carolina Supreme Court has thrown out a couple's suit against a contractor over water and mold damage to their home, finding that a one-year limitation on claims in their work contract applies over the four-year statute of limitations in the state's Unfair and Deceptive Trade Practices Act.
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March 23, 2026
A pipeline construction company is not entitled to coverage for a $19 million interim arbitral award issued to a midstream energy company, several Zurich insurers told a Missouri federal court, saying the damages for defective welding are not for property damage caused by an occurrence or are otherwise excluded.
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March 23, 2026
BJ's Wholesale Club told a Massachusetts federal judge that it cannot be forced to poll shareholders on whether the retailer should study the effects of deforestation on its supply chains, calling it an improper attempt at "micromanagement."
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March 23, 2026
Berkshire Hathaway plans to acquire a roughly 2.5% stake in Tokio Marine for more than $1.8 billion as part of a new strategic partnership, in a move that could expand their access to global deals, the Japanese insurance giant announced Monday.