The American Hospital Association is urging President-elect Donald J. Trump not to repeal the Affordable Care Act until a replacement plan is ready for approval, warning that “significant instability” could otherwise ensue.
Employment practices liability insurance policies often cover wrongful termination claims, but they are much less likely to provide coverage for "wrongful hiring" claims, when companies provide employment favors to families with powerful connections, says Evan Bundschuh of Gabriel Bundschuh & Associates Inc.
The Florida Supreme Court ruled Thursday that policyholders may obtain coverage for an entire property insurance claim where there are multiple concurrent causes of loss and at least one is covered under a policy, agreeing with a decades-old precedential appellate decision.
Allstate Insurance Co. on Tuesday agreed to pay $600,000 to end a suit brought by the district attorneys of Los Angeles, San Diego and Riverside alleging the insurer falsely advertised an “accident forgiveness” program in California that is forbidden by state law.
Travelers Indemnity Co. said Tuesday that a wage suit by employees of a bankrupt coal company is being handled improperly, and filed to remove the suit to West Virginia federal court.
Illinois Union Insurance Co. filed suit in New York federal court Wednesday contending that it isn’t responsible for covering a $49.9 million class action settlement that resolved claims that US Coachways Inc. violated the Telephone Consumer Protection Act with text message blasts to potential customers.
An Ohio federal judge ruled Tuesday that LM Insurance Corp. is not obligated to pay out a more than half a million dollar judgment to a machines worker who suffered severe burns after an accident involving molten aluminum, saying the worker was not insured under the company's policy.
An Ohio federal judge on Wednesday refused to toss Allstate’s product liability suit contending that Electrolux owes it for payments made to policyholders after their clothes dryers caught fire, rejecting the appliance maker’s argument that the insurer improperly consolidated claims that didn’t belong in one complaint.
The U.S. Department of Justice accused Anthem Inc. of planning to stifle Cigna Corp.’s growth, during an antitrust trial Wednesday over a planned $54 billion merger, in another attempt by the government to show a D.C. federal judge the deal is anti-competitive.
A Michigan tribe urged a federal court Tuesday to reject a bid for sanctions in a suit alleging Blue Cross Blue Shield of Michigan violated the Employee Retirement Income Security Act while running a tribal employee health benefit plan, accusing the insurer of an "attempt to construct a scandal” around the tribe’s contacts with third parties about subpoenas in the case.
Mobile phone carriers that engage in third-party billing services may soon be considered to be providing products covered by the Consumer Financial Protection Bureau. This proposed change represents a number of major issues for the mobile phone industry and possibly the service contract and insurance industries, say Brian Casey and Aaron Igdalsky of Locke Lord LLP.
As law firms and clients conduct more business on a regional or national scale, multijurisdictional practice is becoming more prevalent for practicing attorneys. Attorneys engaged in both private practice and as in-house counsel need to be aware of the ethical risks of practicing across jurisdictions — including the implications of engaging in the unauthorized practice of law, say Melinda Gentile and Monique Cardenas of Peckar & Abramson PC.
The Third Circuit on Tuesday upheld wins for Geico in a long-running class action accusing the auto insurer of arbitrarily refusing to pay for injured car insurance customers’ medical care, finding the class representative failed to adequately show her treatments were necessary and reasonable as a result of her accident.
Keith Moskowitz not only helped Dentons win a big trial for an insurance company defending against an environmental coverage suit and bad faith action, but also advised clients in several significant cases this past year, earning himself a spot on Law360’s 2016 list of Insurance MVPs.
A recurrent governance proposal to remedy corporate excesses has been the idea of clawing back the compensation paid to company officials who presided over corporate scandals, such as the one at Wells Fargo. But the assessment that clawback provisions actually counterbalance the distorted incentives of an “extreme” incentive compensation plan depends on a psychological assessment that may or may not be valid, says Kevin LaCroix of RT ProExec.
Section 10 Joint Venture LLP, Sky Property Venture LLC and CAS Group Inc. asked the Eleventh Circuit on Monday to overturn a ruling that Travelers and St. Paul needn't help cover a $40 million consent judgment, saying financial services exclusions to a foe's insurance policy don't apply.
A California judge Tuesday dismissed a proposed class action alleging Kaiser Foundation Health Plan sets artificially high prices on certain generic drugs it prescribes and sells, saying the breach of contract suit by health plan members doesn’t lay out what the prescriptions’ “true cost” should have been.
Great American Life Insurance Co. asked a California federal judge Tuesday to grant its bid for summary judgment in a putative class action alleging the insurer’s disclosures misled seniors into purchasing annuities, saying the plaintiff hasn't shown the insurer injured her personally and therefore hasn't established standing under the high court's recent Spokeo ruling.
The Fifth Circuit on Tuesday refused to reconsider its ruling last month affirming that Chartis Specialty Insurance owed no coverage to a Tesoro Corp. unit for $30 million in environmental cleanup costs at a California refinery.
Mere months after they announced their historic merger, Anthem Inc. and Cigna Corp. began quarreling behind closed doors over how to properly integrate the health insurance companies, according to newly unsealed transcripts from the U.S. Department of Justice’s antitrust trial challenging the $54 billion deal.
A New York appellate court on Tuesday affirmed the dismissal of CIFG Assurance North America’s claim that Bear Stearns, later acquired by a JPMorgan unit, misrepresented the quality of assets underlying two collateralized debt obligations to get them insured, but allowed CIFG to amend its claim.
Federal agencies including the U.S. Department of Justice and the Securities and Exchange Commission are investigating former officials of bankrupt offshore driller Black Elk Energy Offshore Operations LLC, once controlled by beleaguered hedge fund manager Platinum Partners LP, according to a recent Texas bankruptcy court filing.
It is increasingly necessary for law firms to implement strategies to improve efficiency, staffing and value to meet client needs. Haley Altman, CEO and co-founder of Doxly Inc, discuses how to successfully leverage analytical tools and emerging technology to increase profitability.
An Illinois steel structure contractor sued a W.R. Berkley Corp. subsidiary over a $1 million liability insurance policy Monday, asking an Illinois federal judge to order the insurer to allow the contractor to choose its attorneys in a lawsuit with potential damages greater than its coverage.
Online human resources provider and insurance broker startup Zenefits has been hit with a potentially $7 million penalty for allowing unlicensed employees to sell insurance in violation of California law, the state’s insurance commissioner announced on Tuesday.