Property
-
June 20, 2024
Fla. Property Owner, Insurer Settle $1.2M Ian Coverage Fight
A QBE Insurance unit and a property owner settled their coverage dispute over the owner's claims it suffered roughly $1.2 million in losses due to Hurricane Ian, the parties told a Florida federal court.
-
June 20, 2024
Novel Vermont Polluter Law Raises Insurance Liability Issues
A new Vermont law requiring fossil fuel companies to fund projects ameliorating the negative effects of climate change could raise questions about what constitutes a covered occurrence and how pollution exclusions may apply, while also igniting choice-of-law disputes, experts say.
-
June 20, 2024
Nationwide Wins Mich. Combined Filing Tax Fight On Appeal
Nationwide entities can file as a unitary business in Michigan to share tax credits across their group members, the state Court of Appeals ruled Thursday, overturning a state tax tribunal decision that said insurance companies were required to file separate returns.
-
June 20, 2024
Ill. Panel Says Insurer Off Hook For 23 Carbon Monoxide Suits
An insurer doesn't need to defend a design firm against 23 allegations that its negligent work led numerous children and others to suffer injuries from carbon monoxide exposure, an Illinois appeals court panel found, affirming a lower court's ruling.
-
June 18, 2024
'Reckless' Behavior Centered In Climate Coverage Suit Args
Attorneys for a Sunoco subsidiary and AIG offered sharply differing views to Hawaii's top court Tuesday in oral arguments over whether reckless behavior would trigger the oil company's liability coverage in a novel suit over coverage for underlying climate change claims.
-
June 18, 2024
Condo's Historic Location Doesn't Bar Bombing Coverage
The insurer for a Nashville, Tennessee, condominium owners association cannot use a historic structures exclusion to dodge covering the repair costs associated with damage caused by a bombing on Christmas Day 2020, a federal court ruled Tuesday.
-
June 18, 2024
Insurers Must Keep Defending Heating Oil Co. In Class Suit
Two Crum & Forster units must continue defending a heating oil company and several executives in a class action claiming the company provided oil with elevated levels of biodiesel that caused property damage, a Massachusetts federal court ruled, saying the policies' "failure to supply" provisions do not limit or exclude coverage.
-
June 14, 2024
Insurer Seeks Quick Exit In Casino $130M COVID Loss Suit
The insurer of a casino operator with properties on the Las Vegas strip and beyond told a Nevada federal judge to toss a $130 million COVID-19 pandemic loss coverage suit, arguing it had already paid $1 million — the only benefits due under the all-risk policy.
-
June 13, 2024
Top Specialty Lines Decisions From The First Half Of 2024
The first half of this year brought notable pro-policyholder rulings in specialty insurance disputes on the applicability of contract exclusions and related-acts provisions, but also some rulings giving insurers a leg up when it comes to choice-of-law clauses in maritime insurance contracts and bump-up exclusions. Here, Law360 breaks down the top specialty lines decisions so far in 2024.
-
June 13, 2024
Youth Org. Not Covered For Ex-Worker's Claim, 6th Circ. Rules
A sexual misconduct exclusion bars a youth advocacy organization's bid for coverage of an ex-employee's claim that they were sexually harassed and assaulted by a supervisor, the Sixth Circuit affirmed Thursday, saying the organization's failure to raise certain arguments before the district court was fatal to its appeal.
-
June 13, 2024
High Court Sticks To Status Quo In Insurance-Packed Term
The U.S. Supreme Court embraced an insurance-packed docket in its current term, tackling thorny coverage issues head on or indirectly, hewing close to the status quo in decisions whose impact will be felt by insurers and policyholders across the industry. Here, Law360 reviews the top insurance-related decisions issued this term.
-
June 13, 2024
Prudential Investors Get Final OK On $35M Settlement
A New Jersey federal judge on Thursday granted final approval to a $35 million class action settlement between Prudential Financial Inc. and shareholders who alleged the company hid the risks associated with the purchase of thousands of life insurance policies.
-
June 13, 2024
NJ Justices Create New Liability Rule For Property Owners
The New Jersey Supreme Court on Thursday voted 4-3 to craft a new rule stating that owners of commercial vacant lots have a duty to maintain the public sidewalks abutting the lots, and reinstated a woman's trip-and-fall injury suit.
-
June 13, 2024
Calif. Insurance Chief Proposes Key Tradeoff In Reform Bid
Insurers in California will need to weigh whether the financial benefits of using new risk models to price policies is worth increasing their risk exposure in some of the state's most fire-prone areas following newly proposed rules from state insurance regulators.
-
June 13, 2024
Insurance Litigation Week In Review
The Eighth Circuit pondered whether Geico was responsible for an HPV infection, a Michigan court said lies could eliminate a dead man's payout, a Texas roofer was told that public adjusting wasn't a free-speech matter, and House of Cards' California suit withstood an insurer's attempt to knock it down.
-
June 13, 2024
Insurer Calls Convicted Mogul's $633M IOU 'Worthless' Ruse
Convicted insurance mogul Greg Lindberg has offered a "worthless" $633 million promise as a ruse to end an insurance company's bid to collect a $524 million arbitration award, a North Carolina federal court heard this week.
-
June 13, 2024
Insurance Cases Remain High Despite 2023 Downturn
Though insurance litigation in federal district courts took a slight dip in 2023, diverging from the upward trend that insurance cases have exhibited since 2016, the number of cases initiated last year remained the second-highest number filed over a 10-year span, according to a report by Lex Machina.
-
June 12, 2024
8th Circ. Judge Calls Car Sex 'Clearly Foreseeable' In HPV Suit
An Eighth Circuit judge said Wednesday that having sex in a vehicle is "clearly foreseeable," challenging Geico's contention that such activity does not constitute normal use of an automobile in a coverage suit over a woman's claim that she contracted HPV during sexual encounters in a policyholder's car.
-
June 12, 2024
$18.8M Theft Coverage Suit Must Be Heard In State Court
A Texas federal judge ruled that a lawsuit brought against an insurer over $18.8 million in theft and vandalism at a Georgia shopping center belongs in state court, refusing to create diversity by removing a plaintiff.
-
June 11, 2024
Precedent Favors Nationwide In Mich. Tax Fight, Judge Says
A Michigan Court of Appeals judge said Tuesday that the state's tax agency was asking the court to turn its back on recent precedent to hold that Nationwide entities couldn't file as a unitary business to share insurance tax credits across their group members.
-
June 11, 2024
Restaurant Owner Seeks $414K For Deductible Overpayment
The owner of two Florida restaurants is seeking reimbursement of over $400,000, telling a federal district court Tuesday that it overpaid a claim deductible for damage stemming from Hurricane Ian after its insurer misapplied the appropriate endorsement.
-
June 11, 2024
Brach Eichler Adds Insurance Pro From Garces Grabler In NJ
Brach Eichler has continued a recent boom in its litigation team with the hire of a no-fault insurance expert from personal injury giant Garces Grabler & LeBrocq PC in New Jersey who also brings expertise as a former in-house attorney for GEICO.
-
June 10, 2024
Judge Sides With Tenants In Legionnaires' Coverage Dispute
A Kentucky federal court declined to exercise jurisdiction in an insurer's attempt to secure a ruling that coverage isn't available to its landlord-insureds in a $4.5 million underlying state court action in which a tenant alleged that the landlords' negligence caused her to contract Legionnaires' disease.
-
June 10, 2024
High Court On Ch. 11, New Bank Rules, Alex Jones Ch. 7 Shift
The U.S. Supreme Court said an insurance company has "party in interest" standing to intervene in a Chapter 11 case, the U.S. Department of Justice's bankruptcy watchdog "modernized" its agreement for banks holding debtor funds, and recent motions could pivot Alex Jones and his media company's Chapter 11s to Chapter 7 liquidations.
-
June 10, 2024
AM Best Boosts Reinsurance Market Outlook To 'Positive'
AM Best revised its outlook on the global reinsurance market Monday from "stable" to "positive," pointing to "robust" profit margins and a well-capitalized market amid a backdrop of higher interest rates, which AM Best said are not expected to decrease anytime soon.
Expert Analysis
-
Keys To Keeping Law Firm Talent Amid The Great Resignation
With employees leaving their jobs at an unprecedented pace during the "Great Resignation," law firm leaders looking to retain associates and professional staff need to operate with emotional intelligence, talk about failures openly and take the time to offer frequent feedback, says Dorianna Phillips at Lane Powell.
-
How AI Can Transform Crisis Management In Litigation
Attorneys should understand how to use rapidly advancing artificial intelligence technology to help clients prepare for potential catastrophic events and the inevitable litigation arising from them, from predicting crises before they occur to testing legal theories once they arise, say Stratton Horres at Wilson Elser and David Steiger.
-
Litigation Complicates Surprise Medical Bill Law Compliance
Health care providers working on compliance with a recently effective law intended to curb surprise medical bills should prioritize provisions of the statute that are not being challenged by a group of ongoing lawsuits, and prepare to take advantage of potential provider-friendly court rulings regarding components in question, say Brenna Jenny and Jaime Jones at Sidley.
-
How NJ Bad Faith Auto Insurance Bill Compares To Pa.'s
The recently enacted New Jersey Insurance Fair Conduct Act, is in some ways narrower and in other ways broader than Pennsylvania's notoriously strict bad faith statute and leaves open many fundamental questions, which took Pennsylvania decades of litigation to resolve, say Kristin Jones and Brian Callaway at Troutman Pepper.
-
The Rising Demand For Commercial Litigators In 2022
Amid broken supply chains, pandemic-induced bankruptcies and a rise in regulation by litigation, strong commercial litigators — strategists who are adept in trying a range of tortious and contractual disputes — are becoming a must-have for many law firms, making this year an opportune moment to make the career switch, say Michael Ascher and Kimberly Donlon at Major Lindsey.
-
Reach Of Ohio Ransomware Ruling Limited To Policy At Hand
While an Ohio appellate court's recent decision allowing the insured's ransomware attack claim to proceed in EMOI Services v. Owners Insurance may seem significant for insurance jurisprudence, it should not have implications beyond policies specifically insuring damage to software, says Jane Warring at Zelle.
-
To Retain Talent, GCs Should Prioritize Mission Statements
With greater legal demands and an increasing number of workers resigning during the pandemic, general counsel should take steps to articulate their teams' values in departmental mission statements, which will help them better prioritize corporate values and attract and retain talent, says Catherine Kemnitz at Axiom.
-
Flawed NY Insurance Law Needs Amendments
The New York Comprehensive Insurance Disclosure Act, recently signed by the governor, imposes a multitude of problematic disclosure obligations on defendant-insureds, which the Legislature should — and likely will — seriously consider modifying or eliminating, says Richard Mason at MasonADR.
-
Recent Bias Suits Against Law Firms And Lessons For 2022
2021 employment discrimination case filings and developments show that law firms big and small are not immune from claims, and should serve as a reminder that the start of a new year is a good time to review and update salary, promotion and leave policies to mitigate litigation risks, says Hope Comisky at Griesing Law.
-
Associate Hiring Outlook At Law Firms Is Bright For 2022
After a year of extraordinary signing bonuses, nearly instantaneous offers and flexible work arrangements, strong demand for talented law firm associates will continue into 2022 — with some differences between East and West Coast markets — and junior attorneys should take steps to capitalize on the opportunity, say Ru Bhatt and Summer Eberhard at Major Lindsey.
-
The Most-Read Legal Industry Guest Articles Of 2021
Popular legal industry guest articles this year included commentary on the admissibility of video depositions, an unusual U.S. Supreme Court citation, the perils of lawyer perfectionism, and more.
-
How Firms Can Adapt Amid COVID's Shifting Legal Needs
Avi Stadler at Esquire Deposition Solutions discusses the practice areas that are expanding most aggressively during the COVID-19 era of increased litigation and technology needs, and offers recommendations for how law firms can attract and retain the expertise they need to thrive in today's competitive market for legal services.
-
How 11th Circ. Ruling Dominated 2021 COVID Insurance Cases
Despite being a case about construction dust and debris, the Eleventh Circuit’s 2020 opinion in Mama Jo’s v. Sparta Insurance had a pervasive and unwarranted effect this year on coverage for business interruption losses stemming from the COVID-19 pandemic, say Hugh Lumpkin and Garrett Nemeroff at Reed Smith.