Insurance

  • July 31, 2024

    BakerHostetler, Dechert Steer $2.3B CBIZ-Marcum Deal

    Cleveland-based accounting firm CBIZ Inc. said Wednesday it has agreed to buy competitor Marcum in a $2.3 billion deal that will create the seventh-largest accounting services provider in the U.S.

  • July 30, 2024

    Fla. Insurance Co. Accused Of Causing Black Mold Death

    A Florida insurance company was accused of wrongfully causing the death of a woman who died from black mold contamination in a state complaint brought by her sole descendant, who alleges the insurer didn't send a promised team to remediate the woman's home after it was damaged by Hurricane Ian.

  • July 30, 2024

    Ex-Allied World Insurance Exec. Admits To $1.5M Fraud

    A former Allied World Insurance Co. executive pleaded guilty Tuesday to running a scheme that tricked the company into paying nearly $1.5 million for phony construction work and collecting undisclosed kickbacks from its vendors.

  • July 30, 2024

    Florida Residents Urge 11th Circ. Keep Block On Gender Law

    Transgender adults and children in Florida on Monday urged the Eleventh Circuit to reject the state's attempt to enforce a law restricting gender-affirming treatment for transgender minors and adults while the case is on appeal.

  • July 30, 2024

    $147.5M Deal In Life Insurance Cost Suit Meets Resistance

    A Connecticut federal judge should not give his preliminary approval to a $147.5 million class settlement that would end several lawsuits alleging that Lincoln insurance entities overcharged their policyholders because three later-filed cases in other jurisdictions could lead to even higher recoveries, counsel for a group of objectors said Tuesday.

  • July 30, 2024

    Insurer Says Interior Dept. Must Face $20M Tribal Loan Claims

    U.S. Department of the Interior Secretary Deb Haaland waited too long to assert that an Ohio federal court cannot hear the case an insurer brought against it over a $20 million tribal loan guarantee, and the suit should be transferred to the Court of Federal Claims instead of being dismissed, the insurer has argued.

  • July 30, 2024

    Ebix Ch. 11 Plan Ruling Held Up By Liability Release Dispute

    A Texas bankruptcy judge declined to rule Tuesday on Ebix Inc.'s request for Chapter 11 plan confirmation, telling the parties he needed more time to sort out a dispute over third-party releases contained in the reorganization deal.

  • July 30, 2024

    Wash. Gym, Insurer Settle Athlete Abuse Coverage Dispute

    An insurer and a gym jointly asked a Washington state federal court to dismiss the insurer's lawsuit seeking to escape any defense or indemnification obligations for an underlying suit from an underage cheerleader's mother, who accused the gym of providing a space for its founder to sexually assault her daughter.

  • July 30, 2024

    Insurer Says No Coverage For Florida Sex Assault Claims

    A trust facing a negligence claim after a minor said she was sexually assaulted while staying at the trust's vacation rental isn't owed any coverage for the lawsuit, its insurer told a Florida federal court Tuesday, citing a sexual molestation exclusion.

  • July 30, 2024

    Insurer Says Trucking Co.'s BIPA Suit Isn't Covered

    An insurer told an Illinois state judge to declare that it has no duty to defend a trucking company against allegations that it illegally mishandled employees' biometric information.

  • July 30, 2024

    PBMs Urge Justices To Reject Review Of Okla. Law Dispute

    An industry trade group representing pharmacy benefits managers urged the U.S. Supreme Court not to disturb its Tenth Circuit victory, which held that an Oklahoma statute regulating PBMs ran afoul of preemption provisions in both the Employee Retirement Income Security Act and Medicare Part D.

  • July 30, 2024

    Baker Sterchi Expands Northwest In Merger With Seattle Firm

    Regional firm Baker Sterchi Cowden & Rice LLC is expanding outside the Midwest as it takes on Seattle-based Christie Law Group PLLC on Sept. 1, the firm announced Tuesday.

  • July 30, 2024

    Rising Star: Covington's Alexis Dyschkant

    Alexis Dyschkant of Covington & Burling LLP is an emerging leading expert on PFAS-related coverage issues, taking point on litigation strategy, summary judgment briefing and oral arguments, all earning her a spot among the insurance attorneys under age 40 honored by Law360 as Rising Stars.

  • July 30, 2024

    What Mass. Attys Will Be Watching In The 2nd Half Of 2024

    Two potentially sweeping Massachusetts high court rulings and a long-awaited employment bill lingering in the State House are among the issues Bay State attorneys say they are monitoring closely heading into the latter half of 2024.

  • July 29, 2024

    Feds Say Tenn., NC Hospitals Overpaid Doctors For Referrals

    A Tennessee-based hospital system violated the False Claims Act by taking $27.8 million in public healthcare allotments while overpaying doctors, sometimes by three times the average physician's pay, to make internal referrals, according to a lawsuit the U.S. Department of Justice has joined.

  • July 29, 2024

    Judge Blocks Medical Records Co.'s Anti-Bot Captchas

    A Maryland federal judge on Monday enjoined electronic medical records company PointClickCare from blocking nursing home analytics company Real Time Medical Systems from accessing patient data with automated bots, saying PCC's firewall wasn't justified by concerns over security or system speed.

  • July 29, 2024

    Subcontractor Partially Nixes Claims Over Defense Of MDL

    A subcontractor facing consolidated personal injury claims over a chemical leak at a LyondellBasell facility in La Porte, Texas, voluntarily tossed its coverage claims against one of its insurers in Texas federal court, while noting it's still pursuing its coverage demands against two other insurers.

  • July 29, 2024

    Rising Star: Miller Friel's Benjamin W. Massarsky

    Benjamin W. Massarsky of Miller Friel PLLC helped a flooded manufacturing factory obtain more than $112 million from its insurers, one of the largest verdicts in Indiana history and one of the largest bad faith wins nationwide in 30 years, earning him a spot among the insurance law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 29, 2024

    Judge Ends Coverage Quest, Calls $2.7M Loss 'Foreseeable'

    An Arizona federal judge granted a quick win to an insurer over $2.7 million in water damage losses claimed by an Arizona landlord, finding the losses were "foreseeable" and therefore not covered by the all-risk policy.

  • July 29, 2024

    Insurer Must Cover Driver's PIP Claim, Split Mich. Panel Says

    An auto insurer must provide personal injury protection benefits to a policyholder's son who was injured in an out-of-state tractor-trailer crash, a split Michigan state appeals court ruled, finding that the man was not an owner or registrant of the tractor for purposes of the state's no-fault law.

  • July 29, 2024

    5 Firms Build Sixth Street's $5.1B Buy Of Enstar

    Insurance group Enstar on Monday announced it had agreed to be bought by private equity shop Sixth Street in a $5.1 billion take-private deal crafted by Paul Weiss, Hogan Lovells, Simpson Thacher, Debevoise & Plimpton and Cleary Gottlieb.

  • July 26, 2024

    Ex-Magistrate Judge Picked To Oversee Texas Insurance Fight

    A New York federal judge has appointed a former magistrate judge to oversee a dispute between a Texas school district and several insurers who allegedly stiffed the district $17 million in damages following Hurricane Hanna.

  • July 26, 2024

    Insurer Says It Needn't Cover Divorce Attys In Malpractice Suit

    Hanover Insurance Group asked a federal court Friday to rule that it doesn't have to defend a pair of Houston-area divorce attorneys in a legal malpractice suit alleging they botched a divorce case.

  • July 26, 2024

    Feds Want Mogul To Forfeit $1.5M In NC Bribery Case

    Convicted insurance mogul Greg Lindberg should forfeit nearly $1.5 million he allegedly used to bribe North Carolina's insurance regulation chief in exchange for more friendly oversight of his companies, the U.S. government told a North Carolina federal court Friday.

  • July 26, 2024

    Chubb Unit Asks 11th Circ. To Undo $13.8M Appraisal Award

    A Chubb unit asked the Eleventh Circuit on Friday to reverse the approval of a Florida condominium association's $13.8 million appraisal award for hurricane damage sustained in 2017, arguing that a lower court erred in finding that one of the appraisers was partial to the association.

Expert Analysis

  • Unpacking HHS' Opinion On Cell Therapy Refund Programs

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    A recent advisory opinion from the U.S. Department of Health and Human Services, determining that a biopharma company's refund program for its cell therapy will not be penalized, indicates an encouraging willingness to engage, but the regulator's assumptions about the program's limited term warrant a closer look, says Mary Kohler at Kohler Health.

  • Series

    Rock Climbing Makes Me A Better Lawyer

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    Rock climbing requires problem-solving, focus, risk management and resilience, skills that are also invaluable assets in my role as a finance lawyer, says Mei Zhang at Haynes and Boone.

  • Think Like A Lawyer: Dance The Legal Standard Two-Step

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    From rookie brief writers to Chief Justice John Roberts, lawyers should master the legal standard two-step — framing the governing standard at the outset, and clarifying why they meet that standard — which has benefits for both the drafter and reader, says Luke Andrews at Poole Huffman.

  • Opinion

    After Jarkesy, IRS Must Course-Correct On Captive Insurance

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    The U.S. Supreme Court’s recent Securities and Exchange Commission v. Jarkesy decision has profound implications for other agencies, including the IRS, which must stop ignoring due process and curtailing congressional intent in its policing of captive insurance arrangements, says Peter Dawson at the 831(b) Institute.

  • Bid Protest Spotlight: Standing, Prejudice, Conflicts

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    In this month's bid protest roundup, Caitlin Crujido at MoFo examines three recent decisions from the U.S. Government Accountability Office concerning whether a would-be protestor was an interested party with standing, whether an agency adequately investigated potential procurement violations and whether a proposed firewall sufficiently addressed an impaired objectivity organizational conflict of interest.

  • Del. 3M Ruling Risks Upending Corporate Insurance Programs

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    A Delaware court's findings last week in the 3M earplug insurance litigation that a parent company's defense fee payments don't count toward a subsidiary's self-insured retention and that an insurer's duty to pay defense costs doesn't attach to multidistrict litigation merit closer scrutiny in light of the modern corporate form and the fundamental objectives of MDLs, say Julie Hammerman and Gary Thompson at Thompson HD.

  • Series

    Being A Luthier Makes Me A Better Lawyer

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    When I’m not working as an appellate lawyer, I spend my spare time building guitars — a craft known as luthiery — which has helped to enhance the discipline, patience and resilience needed to write better briefs, says Rob Carty at Nichols Brar.

  • Lead Like 'Ted Lasso' By Embracing Cognitive Diversity

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    The Apple TV+ series “Ted Lasso” aptly illustrates how embracing cognitive diversity can be a winning strategy for teams, providing a useful lesson for law firms, which can benefit significantly from fresh, diverse perspectives and collaborative problem-solving, says Paul Manuele at PR Manuele Consulting.

  • Justices' Ch. 11 Ruling Is A Big Moment For Debtors' Insurers

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    The U.S. Supreme Court’s recent Truck Insurance v. Kaiser Gypsum ruling upends decades of Chapter 11 bankruptcy jurisprudence that relegated a debtor’s insurer to the sidelines, giving insurers a new footing to try and avoid significant liability, say Stuart Gordon and Benjamin Wisher at Rivkin Radler.

  • 3 Policyholder Tips After Calif. Ruling Denying D&O Coverage

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    A California decision from June, Practice Fusion v. Freedom Specialty Insurance, denying a company's claim seeking reimbursement under a directors and officers insurance policy for its settlement with the Justice Department, highlights the importance of coordinating coverage for all operational risks and the danger of broad exclusionary policy language, says Geoffrey Fehling at Hunton.

  • Opinion

    Now More Than Ever, Lawyers Must Exhibit Professionalism

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    As society becomes increasingly fractured and workplace incivility is on the rise, attorneys must champion professionalism and lead by example, demonstrating how lawyers can respectfully disagree without being disagreeable, says Edward Casmere at Norton Rose.

  • Series

    Serving In The National Guard Makes Me A Better Lawyer

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    My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at Baker Donelson.

  • A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

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    Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread adoption of artificial intelligence, says Chuck Chandler at Valeo Partners.

  • 7th Circ Joins Trend Of No CGL Coverage For Structural Flaws

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    The Seventh Circuit, which recently held potential structural instability did not count as property damage under a construction company's commercial general liability policy, joins a growing consensus that faulty work does not implicate coverage without tangible and present damage to the project, say Sarah Abrams at Baleen Specialty, and Elan Kandel and James Talbert at Bailey Cavalieri.

  • M&A In The AI Era: Key Deal Terms To Watch

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    As the artificial intelligence market matures, so will due diligence needs, as M&A deals aimed at consolidation and new synergies raise unique legal and regulatory challenges, including potential antitrust and national security reviews, say attorneys at Skadden.

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