A Texas federal judge on Thursday adopted a magistrate's recommendation issued last month and denied Orion Project Services LLC's bid for an early win on its claims that its insurer owes it defense costs for a suit brought by the family of a worker killed in a 2013 terror attack.
Anthem Inc. fought to salvage its thwarted $54 billion merger with Cigna Corp. during oral arguments before a D.C. Circuit panel on Friday, claiming that a trial judge ignored the deal’s massive medical cost savings when she blocked it for being anti-competitive.
The Bank of England said Friday it will hike the fees levied on the financial institutions and insurance firms it regulates to recover the £5.4 million ($6.7 million) of regulatory costs associated with Britain’s withdrawal from the European Union, and warned firms might need to cough up more money later on.
The European Union should hand greater powers to national and even regional regulators, a top European Central Bank official said Friday, in the face of surging nationalism in key member states.
Why did minor mechanical issues bring down two airplanes, while a catastrophic engine explosion did not bring down a third? The answers lie, in part, in research conducted by NASA in the wake of those crashes and, more recently, by Google. And those answers can help organizations build better teams to meet today’s legal industry challenges, says Nicholas Cheolas of Zelle LLP.
As President Donald Trump and House Republicans struggle to get backers for their health care plan to replace the Affordable Care Act, Law360 looks at some of the controversial tax changes that are holding up a House vote.
The U.S. House of Representatives on Wednesday overwhelmingly passed a bill that restores the government’s ability to charge health insurers under federal antitrust laws, but while Republicans touted it as a way to protect competition and consumers, Democrats called such claims “exaggerated.”
A Dallas anesthesiologist will spend about three and a half years in prison and must pay $7.4 million in restitution after a Texas federal jury found him guilty of seven counts of health care fraud, a Texas federal judge has ruled.
A Pennsylvania federal judge refused Thursday to free Hartford Fire Insurance Co. from a former employee’s suit alleging she suffered bias and harassment because of her appearance and perceived sexual orientation, holding that Title VII "prohibits gender stereotyping and discrimination."
An attorney has been slapped with a lawsuit in New Jersey state court from a former insurance company executive who alleges the lawyer caused her gender discrimination action to be tossed over unmet discovery demands and then concealed the dismissal from her for nearly five years.
Recent revisions to GOP-backed legislation intended to repeal and replace the Affordable Care Act would cause the bill to save almost $200 billion less than originally expected, the Congressional Budget Office estimated Thursday.
Anthem is making final preparations ahead of oral arguments Friday morning in the D.C. Circuit in its bid to salvage its $54 billion merger with Cigna, but the real action may be occurring on the sidelines as the insurer tries to broker a deal with the Trump administration.
Principal Life Insurance Co. has provided $85 million in financing to Ormonde Equities LLC for an apartment building on Broadway in Manhattan, according to records made public Wednesday in New York.
Tempur-Sealy International recently asked the Ninth Circuit to affirm a ruling that it is entitled to defense coverage for a putative class action alleging it downplayed the harmful effects of chemicals in its mattresses, and attorneys say a decision in the company's favor could greatly expand insurers' burden to defend against class complaints seeking only economic losses.
The instantaneous worldwide access that social media provides with the ability to repurpose information in the public domain can multiply a company's liability exposure with a single click. Mikaela Whitman of Liner LLP discusses what steps to take in order to maximize available insurance coverage for social media claims.
House Republicans have reportedly postponed a vote on legislation that would repeal and replace the Affordable Care Act, a sign that the current bill couldn’t pass.
An Arizona federal judge Wednesday dismissed American Family Mutual Insurance Co.’s suit against a condominium association and property manager in which the insurer was hoping to escape covering a condo owner’s alleged illness stemming from bird droppings piled up near her unit, saying the insurer waived its right to drop coverage.
Two patent licensing companies on Wednesday hit back at a magistrate's recommendation to dismiss their infringement suits against Cigna, Consumer Cellular and others over 10 patents covering targeted email marketing technology, arguing that the defendants haven't established that the asserted claims are abstract under Alice.
The Fourth Circuit on Wednesday found that the victim of a fireworks explosion is only entitled to a single payout from the insurer of Schaefer Pyrotechnics Inc., upholding a lower court’s ruling that the explosion constitutes only one “occurrence” under the policy.
Like everything else, the art of negotiation starts by having a conversation. It’s about being respectful, finding common ground, knowing what you want and, most importantly, listening. A conversation between two lawyers can be complicated at best, but by employing a few techniques and tactics, it doesn’t have to be that way, says Marc Siegel of Siegel & Dolan Ltd.
The European Commission on Thursday proposed reducing regulatory obstacles that hinder the development of financial technology, aiming to kickstart a new era in financial services.
The U.K. must move to protect financial services in its self-governing Crown dependencies when Brexit negotiations begin in less than a week, a key House of Lords committee said Thursday.
Republicans face an uncertain legal path if they attempt to repeal the Affordable Care Act’s mandatory benefits for health insurance with a simple-majority vote in the U.S. Senate via so-called budget reconciliation, experts say.
The Ninth Circuit refused Tuesday to disturb California appellate precedent establishing that an excess insurance carrier must either approve a policyholder's settlement of a covered claim or assume the insured's defense if it wishes to avoid litigation, giving policyholders more leverage to secure reluctant excess insurers' participation in settlement talks.
An Illinois federal judge Wednesday dismissed a trio of health care systems from a suit alleging False Claims Act violations, but told Maryland-based MedStar Health Inc. that it couldn’t escape claims by a former employee that it billed federal insurance programs for unnecessary inpatient admissions.