Harman Bump-Up Ruling Delivers Policyholders A Crucial Win
The Delaware Supreme Court delivered policyholders a crucial victory when it rejected arguments by insurers that a $28 million settlement paid by Harman International Industries Inc. to resolve stockholder litigation constituted an excluded post-deal "bump-up" in merger consideration.
Chubb 'Secret' Abuse Website Risks Industry Trust, Attys Say
An accusation by the Archdiocese of New York that Chubb waged a "shadow campaign" against the church while also defending a slew of sex abuse suits against the church has the potential to disrupt trust in the insurance market.
Calif. Toxic Testing Bill Carries Major Insurance Implications
A California bill that would mandate safety standards for the testing and clearance of homes after wildfires could make toxicity concerns more central to a claims process in which living expenses are at stake for people wary of returning to contaminated homes.
Property More
The Sixth Circuit will review class certification in a suit over State Farm's totaled-vehicle valuation formula. The Second Circuit upheld a pause on collection actions against Geico. Law360 takes a look at th... (more story)
A dehumidifier manufacturer lost its bid to limit the punitive damages sought by property owners and their insurer for damage they say was caused by a product defect when an Illinois federal court ruled Tuesda... (more story)
A stamp dealer seeking $3.35 billion for the loss of its inventory in a fire should have its insurance policy declared void from the start, the insurer told a New York federal court, saying the company misrepr... (more story)
An insurer must pay a glass manufacturer $14.4 million for tornado damage to its Nashville, Tennessee, facility, a federal judge ordered Friday after a jury found the insurer breached its obligations by failin... (more story)
A longtime insurance attorney at Rivkin Radler LLP will begin leading the firm on Monday as its new managing partner.
The full Sixth Circuit agreed Thursday to review the certification of a class of approximately 90,000 State Farm policyholders in a suit claiming the insurer systematically undervalues totaled vehicles, settin... (more story)
Harman International Industries' insurers must cover a $28 million settlement paid to resolve stockholder litigation, the Illinois Supreme Court said regulatory permits are "irrelevant" in assessing the applic... (more story)
The California city of Pasadena has agreed to settle claims filed by local residents who alleged in California state court that the city failed to conduct "adequate inspections" for homes that were contaminate... (more story)
The Sixth Circuit has upheld a Tennessee federal court's decision denying a national clothing retailer's bid for coverage for COVID-19 pandemic-related costs, ruling the lower court conducted its "choice of la... (more story)
A deadly car accident underpinning a lawsuit against a North Carolina-based vape and smoke shop occurred several miles away from the store's grounds, so exclusions in the shop's commercial insurance policy pre... (more story)
General Liability More
A Colorado Court of Appeals panel Thursday found that a copy of an insurance policy obtained by the at-fault driver after a crash is still required to be disclosed to the victim driver in litigation in a split... (more story)
State Farm Insurance can't withhold benefits for its insureds seeking care at an automobile-crash-focused healthcare company, a Florida state judge ruled Wednesday, finding that the medical provider can delay ... (more story)
An insurer said it has no duty to defend an Atlanta cemetery from a suit by a woman alleging the cemetery failed to bury her husband in the proper plot, telling a Georgia federal court that notice of the incid... (more story)
A captive insurer for the Seventh-day Adventist Church told a Vermont federal court that two reinsurers failed to indemnify a combined $55.4 million in defense costs and settlements stemming from claims relate... (more story)
Cincinnati Insurance Co. has a duty to defend a church from allegations it negligently exposed children to lead, a Tennessee federal judge ruled Tuesday, finding a pollutant-related exclusion in its profession... (more story)
Convicted insurance magnate Greg Lindberg and two of his companies have been ordered by a North Carolina trial court to pay more than $526 million to insurers that won on claims they were fraudulently induced ... (more story)
A series of commercial umbrella and excess policies issued to the operator of a Motel 6 in Charlotte, North Carolina, should be declared void because the operator failed to disclose in its 2013 policy applicat... (more story)
An insurer for a trucking company told a Texas federal court Friday that it owes no coverage for a $105 million judgment over a fatal collision, saying the policyholder does not qualify as an insured since the... (more story)
A Florida federal court's recent decision that the insurer had no duty to defend or indemnify a general contractor or subcontractor for damages from defective work on a naval base highlights the nuances of pol... (more story)
An insurer accused a law firm and a collection of medical providers and professionals of engaging in a scheme to defraud insurers through sham lawsuits and inflated medical bills, telling a New York federal co... (more story)
Specialty Lines More
McCarter & English LLP on Thursday asked a Connecticut Superior Court judge to sink a $22.3 million professional negligence lawsuit by two struggling insurers, saying failures to provide documents or knowledge... (more story)
A Liberty Mutual unit breached a stop-loss insurance policy by denying Yale University's health system $4.1 million in coverage for a plan member's bone marrow transplant, the system told a Connecticut federal court.
Under Armour asked the Fourth Circuit to review a recent ruling that capped its coverage for a securities class action, government investigations and derivative matters at $100 million, saying the panel overlo... (more story)
A personal injury law firm told a Kansas federal court that an excess insurer owes it coverage for lost business revenue from a ransomware attack, arguing that as a paperless firm it was essentially shut down ... (more story)
Great American Insurance Co. is asking a Washington federal court to find it has no legal obligation to defend a buoy installation company from a lawsuit alleging damage to an underwater electric cable that co... (more story)
A Texas federal court handed Southwest Airlines Co. a win in its suit seeking $10 million in coverage for a 2016 computer outage under its excess cyber risk policy, agreeing that the term "but for" within the ... (more story)
An Arizona federal court rejected a professional liability insurer's request for a new trial after a jury found it liable to cover settled claims that a pesticide services company negligently damaged wheat cro... (more story)
A Pennsylvania nursing home told a federal court that an insurer should pay up to $3 million in coverage for lawsuits by six patients' estates alleging a staff member murdered them, arguing the insurer miscons... (more story)
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Progressive told the Fourth Circuit to undo class certification of auto insurance customers in North Carolina challenging how it calculates adjustments for total loss claims, citing the court's decision last y... (more story)