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Policyholders and insurers alike are eagerly anticipating guidance from a trio of federal appeals courts on whether email-based “phishing” theft schemes trigger coverage under computer fraud insurance policies. Here, Law360 breaks down the computer fraud coverage cases pending before the Second, Sixth and Eleventh circuits.
Rockhill Insurance Co. does not have to pay an arbitration award of nearly $900,000 with which an insured was hit for designing a shoddy river modification, after a Colorado federal court found that a faulty-workmanship exclusion in the insured’s professional liability policy applies.
New York’s top banking agency on Thursday urged state-chartered banks and insurers operating in the state to think twice about doing business with the National Rifle Association and other gun rights advocacy groups in the wake of recent deadly incidents of gun violence like the Parkland, Florida, school shooting.
Liberty Mutual Insurance Co. sued a former lead sales rep in an upstate New York office for allegedly taking customers to a competitor, according to court papers filed Thursday in federal court.
American International Group Inc. said Thursday it has established two new insurance firms in the U.K. and Luxembourg to minimize business disruption when Britain leaves the European Union.
Attorneys should not attempt to influence a property insurance appraiser’s estimate of damages, selection of an umpire or any other substantive issue. While this may run contrary to an attorney’s duty of zealous advocacy, it is necessary to avoid subsequent litigation and a potential order vacating an award, says Brian Devilling of Foran Glennon Palandech Ponzi & Rudloff PC.
Male equity partners on average are paid almost 30 percent more than their female counterparts, research firm Acritas said Thursday after questioning more than 800 attorneys for its latest global survey.
Former federal prosecutor and New York City mayor Rudy Giuliani joined President Donald Trump’s legal team on Thursday, 10 days after Trump’s longtime lawyer Michael Cohen had his files seized by federal investigators in Manhattan.
A Beijing murder trial in March is thought to mark the first time in China a court has used virtual reality during a criminal trial. As the technology’s costs come down and its familiarity goes up, it likely won’t be long before U.S. courtrooms follow suit.
Paul Hastings LLP tops the legal lions this week after the Federal Circuit granted client Sunovion Pharmaceuticals a win in a patent dispute, while the lambs list was headed by Michael Cohen, a longtime personal attorney of President Donald Trump’s who is now under criminal investigation.
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