A litigation funding firm has accused its insurer of wrongfully refusing to pay out its policy's guaranteed $200 million in coverage for an unpaid loan, saying the insurer buried it in duplicative and burdensome information requests to avoid paying a valid claim.
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WEDNESDAY, APRIL 22, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Insurer Intentionally Avoiding $200M Loan Claim, Court Told

By Hope Patti

A litigation funding firm has accused its insurer of wrongfully refusing to pay out its policy's guaranteed $200 million in coverage for an unpaid loan, saying the insurer buried it in duplicative and burdensome information requests to avoid paying a valid claim.

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School Shooting Claims Belong In Arbitration, Lloyd's Says

By Joyce Hanson

Lloyd's of London underwriters have asked a federal judge to order the School Board of Broward County, Florida, to arbitrate its claims for coverage of settlements due to a high school shooting that resulted in the murders of 17 people in 2018 on Valentine's Day.

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Justices Won't Review Doctor's Captive Insurance Tax Fight

By Asha Glover

The U.S. Supreme Court won't review the Internal Revenue Service's rejection of a Texas doctor's claim to $1 million in tax deductions linked to his urgent care network's captive insurance company, the court said Monday.

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LITIGATION

Excess Insurer Says Healthcare Co. Can't Tap $25M Policy

By Mark Payne

A private equity-backed hospital management company can't tap into its $25 million excess professional liability insurance for several underlying lawsuits until it forks over its $5 million self-insured retention payment, National Fire & Marine Insurance told a Tennessee federal court.

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Insurer Rips Hyundai's Early Exit Bid In Theft Bellwether Trial

By Linda Chiem

State Automobile Mutual Insurance Co. has told a California federal judge that a jury must hear all its claims in a bellwether trial next month as it seeks to hold Hyundai Motor America liable for allegedly selling theft-prone vehicles that heightened the risk of insurance claims.

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Home Insurer Says Rival Used Failed Deal To Steal Business

By Hope Patti

A home insurer has told a Texas Business Court that a rival company used its confidential and trade secret information obtained during failed acquisition talks to undercut its prices and solicit top agents to move books of policies to the competitor.

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Wash. Justices Won't Be Asked About Reed Hein Insurer Fight

By Rachel Riley

A Washington federal judge on Monday denied two consumers' bid to certify insurance coverage questions to the Evergreen State's highest court in a lawsuit accusing insurers of failing to defend a now-defunct timeshare exit company from an unfair business practices class action that resulted in a $630 million deal. 

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EXPERT ANALYSIS

Insurer Lessons From 1st Wave Of GenAI Coverage Rulings

Several pending cases target the issue of whether generative AI may appropriately replace human professional decision-making, and though each case is still in discovery, the decisions thus far provide insurers with guidance on how courts may view these claims, say attorneys at Simpson Thacher.

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LEGAL INDUSTRY

Some Firms Break Lobbying Revenue Records Again

By Alison Knezevich

After raking in record-breaking federal lobbying revenue last year, several firms reported this week that they had their strongest quarter ever in the first three months of 2026, with practice leaders predicting another busy period ahead as midterms approach.

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Breyer Says 'Shadow Docket' Not A Top Court Power Grab

By Carolyn Muyskens

Retired U.S. Supreme Court Justice Stephen Breyer said Tuesday that the rise of the so-called shadow docket is a consequence of the post-COVID era and not a bid to usurp influence by the high court. 

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Sullivan & Cromwell Alerts SDNY To AI Errors In Ch. 15 Case

By Andrea Keckley

Sullivan & Cromwell LLP told a New York bankruptcy judge Saturday that an emergency motion it filed in Prince Global Holdings Ltd.'s Chapter 15 case contained several inaccurate citations and other errors, including what the firm described as artificial intelligence "hallucinations."

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Pillsbury Unlawfully Fired Pregnant Recruiter, Bias Suit Says

By Lauren Berg

The former Black female director for associate recruiting at Pillsbury Winthrop Shaw Pittman LLP says she was unlawfully fired just weeks after disclosing her high-risk pregnancy to her supervisor, according to her discrimination and retaliation lawsuit filed Tuesday in Tennessee federal court.

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WDTX Judge Albright Stepping Down At End Of Summer

By Dani Kass

U.S. District Judge Alan Albright is resigning after nearly eight years presiding over cases in the Western District of Texas, Law360 confirmed Tuesday.

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Ex-Wis. Judge Argues ICE Case Reversal Backs Her Acquittal

By Craig Clough

Former state Judge Hannah Dugan asked a Wisconsin federal judge Tuesday to reconsider an order not to overturn her felony obstruction conviction for directing a defendant in her courtroom away from immigration agents, arguing the Fourth Circuit recently reversed a decision the trial court repeatedly relied upon.

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Warsh Rejects Claim He'd Be Trump's 'Sock Puppet' At Fed

By Jon Hill

Federal Reserve chair nominee Kevin Warsh sought at his Tuesday confirmation hearing to rebut Democratic accusations that he would be a White House "sock puppet," distancing himself from President Donald Trump's calls for rate cuts and downplaying their significance.

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Copyright Head Touts 6,000 Registrations Of Human-AI Works

By Theresa Schliep

The U.S. Copyright Office has issued more than 6,000 registrations for works that incorporate artificial intelligence-generated materials and follow the agency's guidance for combined human-made and AI-created works, U.S. Copyright Office leader Shira Perlmutter said Tuesday.

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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Akin Gump

Albert Law PLLC

Baron & Budd

Berger Kahn

Boies Schiller

Bracewell LLP

Brownstein Hyatt

Callahan & Blaine

Chamberlain Hrdlicka

Clyde & Co

Cozen O'Connor

DLA Piper

Eversheds Sutherland

FeganScott

Fish & Richardson

Flaster Greenberg

Gimbel Reilly

Gray Cary

Grotefeld Hoffmann

Hagens Berman

Hogan Lovells

Holland & Knight

Humphrey Farrington

Jenner & Block

Just Food Law PLLC

K&L Gates

Keller Rohrback

Kobre & Kim

Parker Poe

Pfau Cochran

Pillsbury Winthrop

Quinn Emanuel

Rainey Kizer

Scheer Law PLLC

Simpson Thacher & Bartlett

Squire Patton

Strang Bradley

Stutman Law

Sullivan & Cromwell

Teague Campbell

White and Williams

Wood Smith

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

BGR Government Affairs LLC

Ballard Partners Inc.

Cox Communications Inc.

Enterprise Holdings Inc.

Harvard University

Humana Inc.

Hyundai Motor Co.

Lloyd's America Inc.

QBE Insurance Group Ltd.

Sony Music Entertainment Inc.

Space Exploration Technologies Corp.

State Automobile Mutual Insurance Co.

The Cigna Group

TikTok Inc.

Timeshare Exit Team

U.S. Chamber of Commerce

UnitedHealth Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Executive Office of the President

Federal Reserve System

Florida Supreme Court

Internal Revenue Service

Judicial Conference of the United States

National Labor Relations Board

Texas Attorney General's Office

Texas Department of Insurance

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Bankruptcy Court for the Southern District of New York

U.S. Copyright Office

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Minnesota

U.S. District Court for the Eastern District of California

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Middle District of Tennessee

U.S. District Court for the Southern District of Florida

U.S. District Court for the Western District of Kentucky

U.S. District Court for the Western District of Texas

U.S. District Court for the Western District of Washington

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin