State Farm Likely To Face 200K Calif. Homeowner Class
By Bonnie Eslinger
A California federal judge indicated Wednesday that he'll likely certify a class of nearly 200,000 homeowners in litigation alleging that State Farm underpays property insurance claims by depreciating sales tax when calculating replacement costs, saying a common issue predominates and noting he'd sided with plaintiffs in a similar 2017 case.
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ENERGY & ENVIRONMENTAL
PRODUCT LIABILITY
PRIVACY & CONSUMER PROTECTION
INTELLECTUAL PROPERTY
EMPLOYMENT & BENEFITS
WHITE COLLAR
COMPETITION
IMMIGRATION
EXPERT ANALYSIS
State Farm Rate Hike Portends Intensifying Insurance Crisis
The California Department of Insurance's unprecedented emergency approval of a 17% rate increase for State Farm General Insurance, the first interim rate relief granted before completing full actuarial justification, represents a regulatory watershed and establishes precedent that could fundamentally reshape insurers' response to climate-driven market instability, says Daniel Veroff at Merlin Law Group.
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LEGAL INDUSTRY
Law360's Legal Lions Of The Week
By Kevin Penton and Andrea Keckley
WilmerHale leads this week's edition of Law360 Legal Lions, after the Federal Circuit vacated a $300 million patent infringement jury verdict against Apple, based on instructions by a Texas federal judge that the appellate court panel determined to be erroneous.
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Feature
Current And Former GCs Urge Law Grads To 'Rise Up'
By Michele Gorman
From sharing details about being part of the first class of female graduates at Washington and Lee University School of Law to explaining how a middle-school teaching job led to obtaining a law degree, five commencement speakers — all current or former general counsel — recently shared their wisdom for the next generation of attorneys.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
A new report showed a dip in the average size of corporate legal teams over the last year, and an attorney focused on special purpose acquisition companies is predicting the Trump administration's friendly stance on cryptocurrency will spawn a wave of new cryptocurrency-related ventures going public in the coming months. These are some of the stories in corporate legal news you may have missed in the past week.
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Roundup
UK Litigation Roundup: Here's What You Missed In London
By Laura Stewart Liberty
This past week in London has seen Pogust Goodhead face legal action from mining giant BHP Group, Trainline bring a procurement claim against the Department for Transport, Sworders auction house sue Conservative peer Patricia Rawlings, and Nokia hit with a patents claim by Hisense. Here, Law360 looks at these and other new claims in the U.K.
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