More Insurance Coverage
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December 05, 2023
Trump's Broker & Club Member Touts Mar-A-Lago's $1B Value
A Florida real estate broker and member of Donald Trump's Mar-a-Lago club took the stand Tuesday in New York state court to defend the former president's valuation of the property, saying it was worth more than $1 billion based on his billions in sales experience and "gut" feelings.
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December 05, 2023
NC Court Thaws Spending Freeze For Beset Insurance Mogul
The North Carolina Court of Appeals shredded orders Tuesday that kept an embattled insurance mogul from receiving and spending companies' money, reasoning an insurer didn't take the required step to collect on a more than $524 million judgment before asking a court to stop his cash flow.
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December 05, 2023
Car Service Co. Accused Of Selling Noncompliant Contracts
A Spokane, Washington, woman has lodged a putative class action accusing a vehicle service contract provider and its insurer of violating state law by illegally selling and issuing noncompliant service contracts and protection product guarantees to Washington state customers.
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December 05, 2023
Private Equity Firm Can't Opt Out Of $110M Settlement Late
A Pennsylvania federal judge denied a private equity firm’s late bid to opt out of a nearly $110 million class action settlement over a life insurance company’s rate hikes, finding that accepting the firm’s bid, submitted six weeks after the opt-out deadline, would “render class action settlement opt-out deadlines meaningless.”
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December 05, 2023
COVERAGE RECAP: Day 40 Of Trump's NY Civil Fraud Trial
Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general's civil fraud case. Here's a recap from day 40.
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December 04, 2023
Trump Seeks NY High Court Review Of Fraud Trial Gag Orders
Former President Donald Trump on Monday sought to have New York's highest court review his appeal of the reinstatement of gag orders in the civil fraud trial over the state's claims that he defrauded banks and insurers by falsely inflating his net worth.
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December 04, 2023
Insurers Say RICO Suit Against Mogul Gives 'Great Detail'
A group of insurers urged a North Carolina federal court not to toss its Racketeer Influenced and Corrupt Organizations Act lawsuit against insurance mogul Greg Lindberg, saying the suit provides "great detail" to support its allegations that Lindberg and his co-conspirators engaged in a fraudulent scheme to enrich themselves.
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December 04, 2023
Frost Brown Adds Sheehy Ware Insurance Pro In Houston
Frost Brown Todd LLP has strengthened its product, tort and insurance practice group with a partner in Houston who came aboard from Texas regional firm Sheehy Ware Pappas & Grubbs PC.
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December 04, 2023
Liberty Mutual Trots Away From Horse Stampede Suit
A Washington federal judge tossed a couple's property damage coverage suit against Liberty Mutual Group Inc. and one of its units, finding that losses caused by their neighbors' stampeding horses were plainly excluded under the couple's policy.
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December 04, 2023
COVERAGE RECAP: Day 39 Of Trump's NY Civil Fraud Trial
Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general's civil fraud case. Here's a recap from day 39.
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December 01, 2023
Injured Cyclist Says USAA Can't Ax Bad Faith Claim
An injured cyclist has urged a Pennsylvania federal judge to keep his revised bad faith claim alive in a coverage dispute with his insurer, USAA Casualty Insurance Co., after he was hit in 2019 by an uninsured driver who ran a red light, saying discovery is needed to determine why it refused to pay the policy limits.
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December 01, 2023
Trump Gets More Experts In NY Fraud Trial, Can't Call Monitor
A New York judge on Friday allowed Donald Trump to call more experts in his civil fraud trial defense case, including a real estate broker friendly with the former president, but rejected Trump's attempt to put the court's independent monitor on the stand.
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December 01, 2023
AIG Taps Deputy GC As Legal Chief As Stripe Atty Stays Put
American International Group Inc. announced that deputy general counsel Rose Marie Glazer will take over the general counsel role following the decision of previous appointee Patricia J. Walsh to remain in her role as legal chief of financial services company Stripe.
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December 01, 2023
Taxation With Representation: Debevoise, Kirkland, Wachtell
In this week's Taxation With Representation, KKR & Co. Inc. said it will buy the remaining portion of Global Atlantic Financial Group it doesn't already own, Blackstone Inc. said it had agreed to purchase Rover Group Inc., and AbbVie Inc. said it will buy ImmunoGen Inc.
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December 01, 2023
COVERAGE RECAP: Day 38 Of Trump's NY Civil Fraud Trial
Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general's civil fraud case. Here's a recap from day 38.
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November 30, 2023
Premera Launches Fresh Takeda Antitrust Suit Over IBS Drug
A Blue Cross affiliate has once again lodged a proposed class action against Takeda Pharmaceuticals over an alleged conspiracy to keep generic versions of the drug Amitiza off the market, filing a tweaked version of its suit just weeks after a Massachusetts federal judge threw out its initial attempt.
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November 30, 2023
Lloyd's, Flooring Co. Agree To End Dispute Over $2.8M Fire
A group of insurers has agreed to dismiss claims against a flooring company accused of causing a fire at a New Orleans high school resulting in $2.8 million in property damage, the insurers told a Louisiana federal court.
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November 30, 2023
NC Court Forces Spouse To Return Agency Assets In IP Row
The North Carolina Business Court ordered the husband of an insurance agency owner to hand over the business records and assets he locked away from her, reasoning that the wife is likely to win on a claim that her spouse took the items to benefit his newly formed brokerage firm.
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November 30, 2023
NY Court Rebuffs 2nd Circ. On Atty Fee Coverage
Second Circuit decisions "misapprehend" New York state appellate precedent on whether an insurer must cover the attorney fees its insured incurs when the insured prevails in coverage litigation, a New York trial judge found, in a dispute over whether a window company's insurers must indemnify underlying construction defect claims.
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November 30, 2023
NY Appeals Court Reinstates Trump Gag Orders
A midlevel New York appeals court on Thursday reinstated gag orders issued by the judge overseeing the civil fraud trial of Donald Trump and others, which prohibit the former president from speaking publicly about the judge's court staff.
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November 30, 2023
COVERAGE RECAP: Day 37 Of Trump's NY Civil Fraud Trial
Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general's civil fraud case. Here's a recap from day 37.
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November 29, 2023
Trump's Bankers Testify They Saw No Fraud And Made Millions
Current and former Deutsche Bank employees told a New York state judge Tuesday and Wednesday that they raked in millions from Donald Trump's business and saw no fraud in the nine-figure loans they approved, but the judge appeared unswayed by arguments that the testimony undermined the attorney general's case.
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November 29, 2023
BCBS Accuses NC Hospital Of Hiding Lab Info In Fraud Suit
Blue Cross and Blue Shield of North Carolina has demanded that a hospital and its laboratory hand over a raft of testing and screening information the insurer says the hospital billed but did not perform.
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November 29, 2023
Insurer Wants Out Of Georgia Murder Benefits Tangle
An insurer wants a Georgia federal judge to decide who should receive a slain man's $190,000 insurance payout — his wife accused of killing him or his three surviving children, according to a suit filed in the Peach State.
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November 29, 2023
KKR To Pay $2.7B For Remaining Global Atlantic Stake
KKR & Co. Inc. said Wednesday it will buy the remaining 37% of U.S. retirement and life insurance company Global Atlantic Financial Group that it doesn't already own for approximately $2.7 billion in cash.
Expert Analysis
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Legal Profession Gender Parity Requires Equal Parental Leave
To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.
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Understanding Discovery Obligations In Era Of Generative AI
Excerpt from Practical Guidance
Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.
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ESG Around The World: Mexico
ESG has yet to become part of the DNA of the Mexican business model, but huge strides are being made in that direction, as more stakeholders demand that companies adopt, at the least, a modicum of sustainability commitments and demonstrate how they will meet them, says Carlos Escoto at Galicia Abogados.
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The Case For Post-Bar Clerk Training Programs At Law Firms
In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.
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A Deep Dive Into FSOC's Expansion Of Nonbank Oversight
The Financial Stability Oversight Council's new nonbank guidance, designed to provide the council with added flexibility in risk response, not only modifies the process for designating nonbanks as systemically important institutions, but also sends a clear signal that the FSOC may assume a more active role in addressing financial stability risks across the economy, say attorneys at Simpson Thacher.
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AI Can Help Lawyers Overcome The Programming Barrier
Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.
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Preparing Law Students For A New, AI-Assisted Legal World
As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.
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General Counsel Need Data Literacy To Keep Up With AI
With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.
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Navigating Discovery Of Generative AI Information
As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.
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Finding Focus: Strategies For Attorneys With ADHD
Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.
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Attorneys, Law Schools Must Adapt To New Era Of Evidence
Technological advancements mean more direct evidence is being created than ever before, and attorneys as well as law schools must modify their methods to account for new challenges in how this evidence is collected and used to try cases, says Reuben Guttman at Guttman Buschner.
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ESG Around The World: The UK
Following Brexit, the U.K. has adopted a different approach to regulating environmental, social and governance factors from the European Union — an approach that focuses on climate disclosures by U.K.-regulated entities, while steering clear of the more ambitious objectives pursued by the EU, say attorneys at Dechert.
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Tips For Litigating Against Pro Se Parties In Complex Disputes
Litigating against self-represented parties in complex cases can pose unique challenges for attorneys, but for the most part, it requires the same skills that are useful in other cases — from documenting everything to understanding one’s ethical duties, says Bryan Ketroser at Alto Litigation.