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New York’s high court ruled Tuesday that a Chubb Ltd. insurer doesn’t have to cover a gas company’s environmental remediation costs for years when no pollution insurance was available in the marketplace, a decision that limits carriers’ exposure to cleanup coverage claims by forcing policyholders to pick up the tab for such periods.
An insurance company notched a win Wednesday when a New Jersey appellate panel said a trial court wrongly found that the insurer did not obtain consent to control the defense for its insured in an underlying suit over Superstorm Sandy-related damage at a hotel, and thus could not deny coverage, according to a published opinion.
The Fourth Circuit on Wednesday found Amerisure Insurance Co. must reimburse Continental Casualty Co. for both the defense and $1.7 million settlement of a construction accident suit, saying it was liable for the full cost under the terms of its policies.
A Pennsylvania federal judge on Wednesday tossed a putative class action accusing JPMorgan Chase Bank NA of taking kickbacks for insurance referrals, finding borrowers jumped the gun by failing to wait for a proposed class in a similar suit to be denied certification before filing their own.
A Texas federal jury has shot down allegations that an allergy patient advocacy group participated in an anti-competitive scheme to lock remote treatment providers out of the market for allergy services.
The Sixth Circuit on Tuesday said a lower court made the right decision to award $94,000 in life insurance benefits to the sister of a man who died instead of to his former girlfriend after a dispute arose over whether a beneficiary change he made was done on purpose.
An insurer can’t escape a dispute over whether it owes an air-blasting equipment manufacturer a defense against multiple personal injury suits just because it is in rehabilitation proceedings in Nebraska, a Pennsylvania federal judge has determined.
A group of pharmacies again claimed in Missouri federal court Wednesday that Express Scripts Inc. has been using patient prescription data gained as part of its pharmacy benefit management business to secretly steal clients from the independent pharmacies it contracts with.
A Texas federal judge on Tuesday mostly waved forward a medical clinic’s lawsuit accusing an NFL health benefits plan and several Cigna units of improperly denying insurance claims it submitted on behalf of retired players and their families.
A Pennsylvania federal judge tossed a proposed class action Wednesday alleging Cigna and a subsidiary violated the Employee Retirement Income Security Act by cutting off a veteran’s long-term disability benefits and clawing back overpayments, saying the policy explicitly allowed for such actions.
On March 27, the New York Court of Appeals issued a unanimous decision in KeySpan v. Munich, rejecting the so-called “unavailability of insurance” exception. This ruling sends a strong message that policyholders cannot hoist upon insurers responsibility for damage taking place outside policy periods, says Scott Seaman of Hinshaw & Culbertson LLP.
As the quantity and quality of corporate social responsibility disclosure increases, there is also movement toward greater comparability. Larger companies should benchmark their disclosures against global peers and evolving global standards, since over time, enhancements in foreign disclosure practices are likely to drive disclosures by many U.S. companies, say attorneys with Ropes & Gray LLP.
In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University’s Concord Law School.
Just 13 law firms are home to five or more attorneys named by corporate counsel as “client service all-stars,” according to a report released Wednesday, with Jones Day and Gibson Dunn & Crutcher LLP coming out on top.
Seventeen attorneys have garnered all-star recognition among corporate counsel for at least the second year in a row for commitment to their clients that has been exemplified through responsiveness, legal pedigree and a client-centric approach.
General counsel say the attorneys who consistently earn their trust and win their business stand out for their ability to cultivate a deep understanding of their clients’ industry and foster relationships that extend beyond the delivery of legal services.
Heads of corporate legal departments value unmatched client focus and experience from their outside counsel above all other traits, according to a report out Monday by BTI Consulting Group.
A former Fisher Phillips LLP partner accused of murdering his wealthy wife for financial reasons went from having no funds of his own in his checking account to controlling $1.16 million the moment his wife died, a forensic accountant testified for the state Wednesday in a Georgia trial.
A former Skadden Arps Slate Meagher & Flom LLP lawyer who admitted to lying to federal investigators working for special counsel Robert Mueller should face a punishment that reflects the seriousness of his crime, prosecutors have told the federal judge who’s set to sentence the lawyer next week.
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