Law360: Insurance
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Latest articles for: InsuranceCopyright 2025 蜜桃视频.en-USTue, 17 Jun 2025 22:56:31 +0000Cancer Diagnostics Firm, Insurer Price 2 IPOs Totaling $902M
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/insurance/articles/2354319Cancer-diagnostics test provider Caris Life Sciences Inc. and coastal-focused residential insurer Slide Insurance Holdings Inc. will begin trading Wednesday after pricing two initial public offerings that raised a combined $902 million, guided by five law firms.Tue, 17 Jun 2025 21:19:35 +0000AIG Unit, Air Co. Seek Quick Wins In Herbicide Damage Row
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/insurance/articles/2354413An air services company told a New York federal court that an AIG unit聽must provide general liability coverage for a lawsuit seeking nearly $2.5 million for grass damage from herbicides, while the unit countered that neither company's general liability policy nor specialty "aerial applicator" policy applies.Tue, 17 Jun 2025 18:35:02 +0000Chubb Must Cover Income Losses After Explosion, Co. Says
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/insurance/articles/2354500A refrigeration and air conditioning compressor manufacturer is entitled to tap into its Chubb policy's $34 million in business interruption coverage after it was forced to restrict production at one of its facilities following an explosion, the manufacturer said in a complaint removed to Oklahoma federal court Tuesday.Tue, 17 Jun 2025 17:31:18 +0000Drivers Can't Get Class Cert. For Undervaluation Claims
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/insurance/articles/2354648A Massachusetts state court justice on Tuesday declined to certify a class of drivers who say they were聽underpaid for the value of their "totaled" vehicles, saying the case聽against The Commerce Insurance Co.聽requires individualized inquiry.Tue, 17 Jun 2025 16:35:01 +0000How AI May Reshape The Future Of Adjudication
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/insurance/articles/2341634As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.Tue, 17 Jun 2025 16:18:02 +0000Insurer Can't Force Another To Cover Worker Injury Suit
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/insurance/articles/2354103An insurer cannot force another聽to defend a property owner in an underlying worker injury lawsuit through the doctrine of equitable estoppel after both insurers ultimately agreed the policy in question isn't triggered, a New York federal court ruled, finding the policy unambiguous.Tue, 17 Jun 2025 15:44:18 +0000Nationwide Mutual Unit Didn't Pay For Time Spent Booting Up
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/insurance/articles/2354127Nationwide Life and Annuity Insurance failed to pay remote workers for the time they spent booting up and logging into their computers before their scheduled shifts, a proposed class action in California state court claims.Tue, 17 Jun 2025 15:00:40 +00005 Insurance Claims That Could Emerge After NCAA Settlement
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/insurance/articles/2352395Following the recent NCAA class action settlement that will allow revenue sharing with college athletes, there may be potential management liability for universities, their executive leadership and boards that could expose insurers to tax, regulatory, breach of contract and other claims, says Sarah Abrams at Baleen Specialty.Tue, 17 Jun 2025 13:58:41 +0000SC Pizzeria Says Insurer Owes For Building Fire
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/insurance/articles/2354055An insurer for a South Carolina pizzeria wrongfully refused聽to pay its full $926,000 policy limit after a fire destroyed the building where the restaurant was located, the business said in a suit removed to federal court.Tue, 17 Jun 2025 11:48:39 +0000When Legal Advocacy Crosses The Line Into Incivility
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/insurance/articles/2353327As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.Mon, 16 Jun 2025 20:40:16 +0000Texas Panel Says NY Law Applies In Tornado Coverage Row
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/insurance/articles/2353939An Illinois-based company must litigate its insurance coverage battle over merchandise damage from a Dallas tornado under New York law, a Texas appeals court affirmed, finding the company's "legal injury" took place in New York.Mon, 16 Jun 2025 17:20:57 +0000Hotel Says Zurich Owes $5.1M For Income, Value Losses
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/insurance/articles/2353885A Zurich Insurance Group unit owes over $5.1 million for business income and extra expenses losses and lost property value after a Texas hotel sustained water damage related to vandalism, the hotel owner told an Oregon federal court, saying the insurer covered repair costs but refused to pay for other losses.Mon, 16 Jun 2025 17:17:33 +0000Cozen O'Connor Adds Insurance Litigator In LA
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/insurance/articles/2353686Cozen O'Connor announced the hiring of an up-and-coming insurance litigator to its expanding global insurance department, the department's second major addition in as many months, according to a news release Monday.Mon, 16 Jun 2025 17:07:22 +00004th Circ. Says No Premium Refunds Under Fed. Mortgage Law
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/insurance/articles/2353850A Virginia homeowner cannot recover premiums he'd prepaid for private mortgage insurance under a federal law mandating such insurance for certain borrowers, the Fourth Circuit ruled Monday, finding the Homeowners Protection Act of 1998's premium refund provisions do not extend to voluntary insurance cancellation agreements.Mon, 16 Jun 2025 16:19:23 +0000Firm Slams Insurer's Bid To Exit Malpractice Coverage Suit
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/insurance/articles/2353361A Berkshire Hathaway unit can't use misdirection to duck a negligence suit claiming the insurer's failure to defend聽a negligence lawsuit against a Georgia personal injury law firm led to a聽$2.6 million default judgment against the firm, according to a recent filing in Georgia federal court.Mon, 16 Jun 2025 15:19:05 +0000Microcaptive Seller Agrees To Pay IRS Promoter Penalties
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/insurance/articles/2353793A California-based insurance provider agreed to pay the Internal Revenue Service penalties for setting up microcaptive policies between 2005 and 2012 that the U.S. Tax Court had ruled in 2019 were insurance arrangements that did not deserve a favorable tax treatment, the IRS announced Monday.聽Mon, 16 Jun 2025 14:03:34 +00003 Corporate Deposition Prep Tips To Counter 'Reptile' Tactics
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/insurance/articles/2349380With plaintiffs counsel鈥檚 rising use of reptile strategies that seek to activate jurors' survival instincts, corporate deponents face an increased risk of being lulled into providing testimony that undercuts a key defense or sets up the plaintiff's case strategy at trial, making it important to consider factors like cross-examination and timing, say attorneys at Dentons.Fri, 13 Jun 2025 21:03:42 +0000More IPO Prospects Ready To Test Market After Chime's Debut
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/insurance/articles/2353305A venture-backed cancer diagnostics firm and a home insurer are preparing two initial public offerings that could raise $720 million combined next week, joining an energized IPO market following fintech startup Chime Financial Inc.'s debut.Fri, 13 Jun 2025 20:39:09 +0000$1.6M Verdict Should've Been Trimmed Sooner, NJ Panel Says
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/insurance/articles/2353214A New Jersey trial court should've reduced a $1.6 million jury verdict to $200,000 sooner in an automobile accident dispute after the plaintiff told both the trial judge and judge in the defendant's bankruptcy proceedings he would seek only $200,000, a state appeals court ruled Friday.Fri, 13 Jun 2025 19:05:17 +0000NC Hospitality Group Can't Revive COVID-19 Coverage Suit
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/insurance/articles/2353234A North Carolina-based hospitality group can't resurrect its suit seeking coverage for pandemic-related losses, a federal court ruled, saying changes in decisional law after a final ruling do not constitute "extraordinary circumstances" warranting relief from a judgment.