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A California appeals court on Monday reversed a $55 million judgment that pipe-joining company Victaulic Co. won in its suit accusing three AIG units of denying coverage for product liability claims in bad faith, finding the trial court erroneously allowed certain documents to be admitted into evidence and mishandled a key witness.
Medidata Solutions Inc. on Monday urged the Second Circuit to uphold a lower court’s ruling putting a Chubb Ltd. unit on the hook for a $4.8 million loss that Medidata suffered when it was tricked into wiring money overseas, arguing that the incident clearly constitutes covered computer fraud under its policy.
A real estate services company has filed suit in New Jersey state court against an insurance company that it says wrongly refused to pay out for a claim after the company was the victim of cyber fraud, arguing there was no cyber fraud exception in the policy.
An Illinois federal judge on Tuesday rejected The Allstate Corp.’s bid to dismiss a proposed class action accusing it of unlawfully concealing its lowered underwriting standards as the reason for a spike in auto insurance claims, saying the plaintiffs cited enough allegedly misleading statements to allow their case to proceed.
The latest legal effort to demolish the Affordable Care Act by targeting the law’s individual mandate has realistic odds of gaining traction despite some likely problems with its arguments.
A Houston mental health center has filed suit against a former trustee turned insurance broker and the agency he works for, alleging that despite repeated assurances that its building was covered by flood insurance, it learned in the wake of Hurricane Harvey that wasn’t true.
A Swiss insurer fighting for a $38.2 million tax refund in the U.S. appealed two decisions against it from a D.C. federal court on Monday, saying that the Internal Revenue Service was wrong to deny it preferential tax treatment under a U.S.-Switzerland tax treaty.
Reinsurance firm Scottish Holdings Inc. reached a deal with unsecured creditors and its stalking horse bidder to gain court approval Tuesday in Delaware bankruptcy court for bidding procedures in a planned sale of its operating subsidiary’s stock.
The federal government on Monday told an Indiana federal judge that an Employee Retirement Income Security Act exemption for church pension plans passed a precedential test for complying with the establishment clause, intervening in a proposed class action accusing a religiously affiliated health care provider of violating the federal labor law.
CVS Health Corp. and Aetna Inc. told lawmakers Tuesday that their planned $69 billion merger will benefit consumers by giving the combined company’s insurance customers access to more local health care options through CVS’ retail presence.
In Liberty v. Ledesma next week, the California Supreme Court will have an opportunity to answer, once and for all, what constitutes an “accident” under insurance policies and potentially clarify significant issues of both insurance law and tort law generally, say Gretchen Hoff Varner and Broer Oatis of Covington & Burling LLP.
Despite the stated benefits for both employers and employees, some employers still struggle to implement successful wellness programs or have a significant percentage of their workforce refuse to sign up. Kofi Semenya of Isaac Wiles Burkholder & Teetor LLC shares suggestions for employers who want to establish a wellness program and maximize participation.
Legal leaders who want to meet their clients’ expanding expectations should start moving their documents to future-ready document management solutions now if they want to stay competitive in the next few years, says Dan Puterbaugh of Adobe Systems Inc.
The Big Four accounting firms have assembled massive operations spanning the globe, generating a cumulative $134 billion in revenue last year. Here, Law360 takes a look at three things BigLaw can learn from the Big Four.
Justice Stephen Breyer refused to go quietly Tuesday after his Supreme Court colleagues voted to deny bail hearings to certain immigrants detained for deportation, reading aloud an impassioned dissent invoking the Declaration of Independence and centuries-old English common law.
The Senate on Tuesday confirmed President Donald Trump’s pick for an Eleventh Circuit vacancy, sending Georgia Court of Appeals Judge Elizabeth Branch to the federal bench.
California Gov. Jerry Brown appointed 25 superior court judges Tuesday, including partners from Orrick Herrington & Sutcliffe LLP, Jones Day, Irell & Manella LLP, Perkins Coie LLP and Gordon & Rees LLP with focuses on intellectual property, white collar crime and product liability.
The Ninth Circuit asked the D.C. Court of Appeals on Tuesday to answer questions of law related to whether a bankruptcy trustee can recover profits earned by ex-Howrey LLP partners for matters started at the now-defunct firm from the attorneys’ new firms.
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