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An American International Group Inc. unit doesn’t have to defend Carfax Inc. against a $50 million suit alleging the company monopolized the vehicle history report market, a New York appeals court affirmed Thursday, agreeing with a lower court that references to defamation in the suit cannot get Carfax out from under an antitrust exclusion.
The Chubb Group Wednesday asked a New York state court to find its companies do not have to defend or indemnify movie producer Harvey Weinstein for nearly a dozen sexual assault and harassment suits in the U.S. and abroad.
The Information Commissioner’s Office is in talks with U.K. insurers over their demands for the national data regulator to release information on cyberattacks that private companies must report under Europe’s impending data regime, the watchdog told Law360 on Thursday.
A New Jersey appellate court on Thursday found that Travelers Insurance Co. does not owe coverage to a strip mall owner and its Dunkin’ Donuts tenant in a man’s injury suit, as the owner was found to be grossly negligent and the policy excluded coverage for such negligence.
POLICY & REGULATION
Efforts in the Florida Legislature to repeal the state’s no-fault motor vehicle insurance law, which requires motorists to carry $10,000 in personal injury protection coverage, appear set to fail in the current session following a Senate subcommittee’s rejection Wednesday, although a procedural step left open a narrow lifeline.
The U.S. Department of Health and Human Services must reconsider a formula that affects billions of dollars in Affordable Care Act payments to insurers, a New Mexico federal judge said Wednesday.
Online retailer Chicago Import Inc. hit its insurance company and Duracell with a lawsuit in Illinois federal court Thursday asking a judge to declare that the insurer must defend Chicago Import in a trademark infringement row the nation’s largest battery brand has launched over its product’s packaging.
A New York-based specialty insurer objected Thursday to the bankruptcy disclosure filed by insurance service provider Patriot National Inc., saying the document ignores its potential claims in a 2-year-old, wide-ranging fraud and damages suit.
The Prudential Insurance Company of America on Wednesday received pushback from a group of beneficiaries on its bid challenging a Pennsylvania federal judge’s order certifying a subclass in an Employee Retirement Income Security Act suit over life insurance payouts.
AmTrust Financial Services Inc. on Thursday said company CEO Barry D. Zyskind and directors George Karfunkel and Leah Karfunkel will team up with private equity funds managed by Stone Point Capital LLC to take the insurer private in a deal that values the company at around $2.7 billion.
In an age of data-driven decision-making, too many companies are making important choices about dispute resolution based on anecdotes and isolated experiences. I’d like to explain why a number of objections to arbitration are ill-founded, says Foley Hoag LLP partner John Shope.
Multiple courts have held that discoverable material from negotiations with a litigation funder, when executed properly, can be attorney work product and immune from disclosure in the later litigation. The recent Acceleration Bay decision is indicative of what happens when difficult facts conflict with best practices, says Eric Robinson of Stevens & Lee PC.
An ex-Akin Gump Strauss Hauer & Feld LLP attorney said the stress of his work in private practice drove him to try to sell stolen U.S. Department of Justice information, and he asked for leniency as prosecutors seek a nearly three-year sentence, according to filings in California federal court Wednesday.
The U.S. Senate confirmed President Donald Trump’s choice for a South Carolina district court vacancy Thursday, even as Democrats used the pick to decry a lack of diversity among Trump’s nominees.
Former Hunton & Williams LLP patent lawyer Robert Schulman asked the Second Circuit to give him an acquittal after being convicted and sentenced to probation for passing a nebulous trading tip to his friend and financial adviser, saying the government didn’t show an essential element: that it would be traded on.
Female general counsel are more likely to be paid the same as their male counterparts in the U.S. than elsewhere in the world, according to one recent report.
In the latest round of departures from Andrews Kurth Kenyon LLP amid its decision to merge with Hunton & Williams LLP, Shearman & Sterling LLP announced on Thursday that it has opened an Austin, Texas, office with eight partners joining, and Orrick Herrington & Sutcliffe picked up 14 lawyers from Andrews Kurth’s public finance team.
New York civil rights attorney Gregory Antollino grabbed a seat at the top of this week’s legal lions list after the Second Circuit sided with his client and concluded that anti-gay discrimination is sex discrimination, while Pillsbury landed on the lambs list after a California appeals court threw out its client’s $55 million jury award in insurance litigation with AIG.
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