| TOP NEWS
A decade and counting after the tanking global economy triggered a deluge of lawyer-targeted litigation, the costs for financial crisis-era malpractice suits continue to climb, according to insurer data released this week.
A New York federal judge on Tuesday found Fireman’s Fund Insurance does not have to pay an apartment building’s owners for a claim regarding a gas line ruptured by a wheeled recycling bin, saying the owners’ claim the bin was a “vehicle” stretched the definition of the word too far.
Allstate Insurance Co. must face a lawsuit alleging it wrongfully denied coverage for damage to a Connecticut couple’s home tied to a defective concrete foundation, a federal judge ruled Wednesday, in the latest decision in a wave of insurance disputes over faulty foundations that has swept the state.
The Pennsylvania Supreme Court has ruled that the state’s workers’ compensation law doesn’t entitle a butcher or its insurer to recover the cost of providing ongoing medical care from an employee’s injury settlement.
POLICY & REGULATION
The U.S. Senate voted down President Donald Trump’s attempt to pull back $15 billion in already authorized spending for the Children’s Health Insurance Program, car technology research and other areas Wednesday, as two key Republican senators joined Democrats to torpedo the proposal.
A Texas federal judge on Wednesday threw out a former NHL player’s case alleging an insurer mishandled his disability claim, saying the suit consisted solely of state law claims that are preempted by the Employee Retirement Income Security Act.
Lenick Construction Inc. on Wednesday asked the Third Circuit for one more chance to prove that a faulty construction lawsuit should be covered by its insurance, saying the appeals court got it wrong when it refused to consider a report that shows some materials may have been damaged before Lenick installed them.
Wells Fargo Bank NA and National General Insurance largely beat back multidistrict litigation alleging the pair conspired to force unnecessary insurance on borrowers’ car loans when a federal judge in California eliminated a slew of state and federal claims.
A New Jersey appeals court on Wednesday said a police officer receiving the low amount in a high-low agreement with parties he sued for malpractice after being injured in a work-related accident owes some of that money toward a workers’ compensation lien, despite an arbitrator finding no cause in his case.
A New Jersey federal judge ruled on Tuesday that a bank can keep its attorney in a dispute over whether a homeowner improperly cashed an insurance check for herself, finding that the attorney’s referral of the case to a prosecutor didn’t warrant disqualification.
The attorneys general for New York and Massachusetts on Wednesday said they will sue the Trump administration over the U.S. Department of Labor’s final rule on association health plans that they say will shrink “critical consumer health protections.”
Mintz Levin Cohn Ferris Glovsky and Popeo PC has hired a former Morrison & Foerster partner who advises insurers, software clients, and medical device and life sciences companies in billion-dollar mergers and acquisitions, securities offerings, and corporate governance, Mintz Levin announced recently.
This month, cryptocurrency exchange Conrail reported that hackers stole $37 million of its virtual currency, marking the second high-profile cryptocurrency theft this year. In order to maximize potential recovery, companies should carefully review both their commercial crime and cyber policies before a theft or other loss occurs, says Fiona Chaney of Pasich LLP.
One firm took the title of most prestigious law firm in the U.S. in the eyes of associates for the third year running, according to the results of a survey released Wednesday.
At times echoing a law school classroom, the Senate Judiciary Committee on Wednesday probed judicial nominees for the Fourth Circuit and a Florida district court about the limits of government power, asking about the ability to crack down on cocaine use and stop incest.
Munger Tolles & Olson LLP, Baker McKenzie, Schulte Roth & Zabel LLP and Brown Rudnick LLP have raised associate pay in the U.S. to match the new scale set by Cravath Swaine & Moore LLP last week, offering first-year associates a salary of $190,000, according to internal memos that have become public.
U.K. law firms Slaughter and May and Freshfields Bruckhaus Deringer LLP have released revised data to a parliamentary committee revealing that on average female partners and employees make 60 percent less than their male counterparts, a significantly larger pay gap than statistics they previously provided without including their partners.
A San Francisco federal judge held off on deciding whether to transfer a $300 million gender discrimination suit against Ogletree Deakins Nash Smoak & Stewart PC to Orange County, California, saying Wednesday he’d let the proposed class amend its complaint to add equity shareholders, some of whom live in Northern California.
The Renco Group has reached a preliminary agreement to settle a case against its former attorneys, who it claims are to blame for an “inconsistent” jury verdict that cost the company and its billionaire owner Ira Rennert $214 million in damages.
Former Dewey & LeBoeuf LLP chief financial officer Joel Sanders, convicted in Manhattan federal court last year on fraud and conspiracy charges, was disbarred Wednesday in New York.
The Illinois board monitoring the conduct of the state’s judges has filed a formal complaint seeking the removal of a Cook County, Illinois, judge convicted in a $1.4 million mortgage fraud scheme, saying her failure to resign has harmed the state’s judicial system.
Pro Bono Spotlight
A Missouri federal judge recently struck down as unconstitutional the state prison system’s “freeze-frame” policy of denying hormone treatment and other health care to certain transgender inmates, a first-of-its-kind ruling that Robins Kaplan LLP attorneys helped obtain despite prison officials’ insistence that no such formal policy was in place.