State Farm's Calif. Rate Request Exemplifies Long Negotiation
California regulators' provisional approval of State Farm's premium increase request following the Los Angeles fires is another step forward in an insurance reform process that insurance pros view as a negotiation that has been protracted to the detriment of consumers.
Opioid Orders Weigh Insurers' Role In Fighting Societal Harm
Rulings barring supermarket chain Publix and drugmaker Mallinckrodt from obtaining coverage for underlying opioid claims have contributed to insurers' continued success in defining their obligations to these claims while raising the question of whether insurance is intended to help protect against widespread societal harm.
Meet The Attys In Meta's Fight For Social Media MDL Coverage
Meta has assembled a team of seasoned insurance recovery and technology lawyers led by Covington & Burling LLP to fight its insurers' bid to deny coverage for thousands of suits alleging harm from social media platforms, including Facebook and Instagram. Here, Law360 takes a look at the attorneys helping Meta in its coverage disputes.
State Farm's Calif. Rate Request Exemplifies Long Negotiation
California regulators' provisional approval of State Farm's premium increase request following the Los Angeles fires is another step forward in an insurance reform process that insurance pros view as a negotiation that has been protracted to the detriment of consumers.
Opioid Orders Weigh Insurers' Role In Fighting Societal Harm
Rulings barring supermarket chain Publix and drugmaker Mallinckrodt from obtaining coverage for underlying opioid claims have contributed to insurers' continued success in defining their obligations to these claims while raising the question of whether insurance is intended to help protect against widespread societal harm.
Meet The Attys In Meta's Fight For Social Media MDL Coverage
Meta has assembled a team of seasoned insurance recovery and technology lawyers led by Covington & Burling LLP to fight its insurers' bid to deny coverage for thousands of suits alleging harm from social media platforms, including Facebook and Instagram. Here, Law360 takes a look at the attorneys helping Meta in its coverage disputes.
Expert Analysis
Attorneys at Debevoise outline key details of the Risk-Based Capital Model Governance Task Force, which was recent... (more story)
Attorneys at Munsch Hardt examine the implications of California's wildfire insurance crisis for Texas, including ... (more story)
Maritime operators, insurers and financial institutions must exercise extreme caution when making ransom payments ... (more story)
Property More
Insurers in a coverage cap dispute with an aluminum company have asked the Fourth Circuit to reconsider an opinion holding that an ambiguous policy provision must be construed in the company's favor, calling i... (more story)
A Texas church said it is owed more than $1 million from its insurer for wind and hail damage after a June 2023 storm, according to a complaint removed to federal court Tuesday.
A Louisiana federal judge again refused to find that the insurer of a suburban New Orleans commercial property acted in bad faith in denying to cover $220,000 in damage Hurricane Ida allegedly caused in 2021.
A Pennsylvania federal judge on Tuesday tossed a proposed class action brought by homeowners accusing State Farm of limiting compensation by improperly employing a "new construction" setting in software when c... (more story)
Georgia federal prosecutors recommended that a Florida insurance broker who pled guilty to defrauding a credit union out of $6 million through loans to commercial borrowers for insurance premiums be sentenced ... (more story)
A homeowners association's insurer correctly applied a hail deductible when it issued a roughly $1,600 payment despite the association's $3.5 million damage estimate, a Colorado federal court ruled Friday, rej... (more story)
Travelers told a Georgia federal judge Friday that the insurer should not owe the lion's share of a construction contractor's $4.5 million settlement over botched site work at an apartment complex, arguing the... (more story)
General Liability More
Customers who allege they suffered $35 million in damage after purchasing substandard heating oil can continue to seek coverage of underlying litigation, with a Massachusetts federal judge saying Tuesday their... (more story)
A Houston-based bar asked the Fifth Circuit to make precedential a recent ruling that found a lower court wrongfully limited an insurer's coverage obligations on an assault judgment rather than dismissing the ... (more story)
A Delaware-based plumbing and HVAC company has withdrawn its federal suit claiming that a general contractor and Liberty Mutual improperly withheld $1.1 million in payments for work the company completed on a ... (more story)
Skechers' insurer wrongfully refused to defend the shoe giant in a putative class action over slip-resistance problems with some of its shoes, Skechers told a California state court in seeking at least $750,000.
An insurer does not need to defend or indemnify a logistics company against underlying wrongful death claims, the carrier told the Eighth Circuit, saying the company does not qualify as an insured under a truc... (more story)
A Progressive insurer has no duty to defend or indemnify a nail salon for any potential claims stemming from a fatal shooting, the carrier told a Louisiana federal court, saying coverage is barred by the polic... (more story)
Specialty Lines More
A convicted billionaire embroiled in lawsuits over the demise of his insurance empire wants out of a nine-figure contempt order, telling the North Carolina Court of Appeals that neither he nor his company has ... (more story)
The U.S. Supreme Court on Monday rejected a California woman's bid to certify questions to Massachusetts' top court about when exactly an insurer must show it was prejudiced by an insured's late claim notice, ... (more story)
Several unlicensed individuals submitted hundreds of fraudulent charges for services provided to Geico-insured car accident victims, the insurer has alleged in New York federal court, claiming it lost more tha... (more story)
A proposed class alleging they overpaid for bail bonds thanks to a price-fixing conspiracy is asking a California federal court to approve $3 million in settlements inked with two of the entities.
United Talent Agency isn't entitled to coverage from Markel American Insurance Co. in an underlying lawsuit alleging the talent company poached a rival's clients, the Ninth Circuit has said, finding the underl... (more story)
PNC Bank NA can't get coverage for a more than $106 million judgment it paid over underlying claims that a bank PNC acquired had mismanaged certain trust accounts, the Third Circuit ruled, finding a provision ... (more story)
The U.S. Supreme Court won't review an Eleventh Circuit decision that a missing comma in a Chubb unit's professional services policy did not alter its clear and unambiguous meaning excluding coverage for a foo... (more story)