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The First Circuit ruled Thursday that an AIG unit must cover the tab for comedian and convicted sexual assaulter Bill Cosby to fight accusers’ defamation lawsuits, but the company that’s been trying to distance itself from the former television star could be off the hook for any resulting damages.
The Washington Supreme Court on Thursday handed a key win to a class of State Farm policyholders who allege their claims for personal injury benefits were wrongfully denied, holding that a state regulation prohibits the insurer from rejecting a claim based on a physician’s finding that a policyholder has achieved “maximum medical improvement.”
The Second Circuit ordered a New York federal court to take another look at whether an arbitrator’s failure to disclose ties to a Florida workers’ compensation insurance carrier tainted an award in favor of the insurer in its battle with British reinsurers, saying Thursday the lower court applied an improper standard.
A California federal judge on Thursday encouraged Ironshore Specialty Insurance Co. and 23andMe Inc. to wrap up evidence gathering in their four-year-old coverage dispute and take it to mediation now that the underlying putative class claims against the genetic testing company have been settled.
Massachusetts’ top appellate court said Thursday Walgreens had a duty to inform a patient’s doctor of the need for an authorization form in order to obtain her potentially life-saving medicine, the first time an obligation of this sort has been placed on a pharmacy.
The Fifth Circuit on Thursday affirmed a lower court decision favoring Lloyd’s of London in the underwriter’s dispute with a Hilton Garden Inn owner over coverage for hail damage, agreeing that the owner failed to present evidence that could determine what portion of the hotel’s losses were covered.
The Trump administration on Thursday largely endorsed the GOP’s latest legal assault on the Affordable Care Act, telling a Texas federal court that it agrees that the landmark law’s individual mandate is now unconstitutional and that key parts of the ACA must be invalidated as a result.
The Ninth Circuit on Wednesday revived a lawsuit challenging the denial of a claim for an inpatient stay at a residential mental health treatment facility by a benefit plan covering nonprofit health system Catholic Health Initiatives employees and their dependents, taking issue with disparity in the plan’s coverage of room and board.
An Indiana federal judge has said the contraceptive mandate in the Affordable Care Act will no longer be enforced against two Christian institutions of higher education in the wake of the government agreeing that the rules violated the schools’ religious freedom.
A former insurance company worker admitted Thursday to her role in a scheme to steal money from her unnamed employer’s customers and dodge taxes on the ill-gotten gains, New Jersey’s federal prosecutor said.
AmTrust Financial Services on Thursday said founding family members and private equity funds managed by Stone Point Capital raised their cash offer to take the company private, now valuing the insurer at roughly $2.95 billion, a proposal met with approval by activist investor Carl Icahn, who had protested the earlier offer in Delaware Chancery Court.
The Ninth Circuit recently revived an insurance coverage dispute between Office Depot and AIG, holding that coverage for alleged violations of the California False Claims Act is not categorically precluded by California law. Similarities between the CFCA and the federal False Claims Act raise potential for broad application of this decision, say Jan Larson and Sebastian Brady of Jenner & Block LLP.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
The New York pay scale has long been the gold standard for BigLaw associates — climbing to a dizzying $190,000 at a few firms this past week — but associates in these six cities may still have more money in their pockets at the end of the day.
President Donald Trump included several BigLaw veterans — hailing from WilmerHale, McDermott Will & Emery LLP and Jones Day — among 12 nominees named Thursday for the Sixth and Eighth circuits, the Court of International Trade and trial courts in Virginia, Illinois, Oregon and Washington, D.C.
At least three more firms have joined a growing list of others that will match at least part of the new associate pay scale established Monday by Milbank Tweed Hadley & McCloy LLP.
The Senate Judiciary Committee advanced another of President Donald Trump’s picks for the Ninth Circuit Thursday, despite objections from Democrats who said it breached the “blue slip” tradition of deference to home-state senators.
Ropes & Gray snagged a spot among the legal lions this week, convincing the Eleventh Circuit to throw out an FTC order directing client LabMD to overhaul its data security program, while Morrison & Foerster ended up a legal lamb after the Federal Circuit revived an infringement suit against client Apple over its iPhone touch screen.