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State Farm has asked a Missouri federal court to reduce or eliminate the $34 million verdict it was hit with last month in a class action alleging that the insurer impermissibly jacked up its rates on certain policies, calling the plaintiffs’ damages model “fatally flawed.”
The owners of the Statler Hilton Hotel in Dallas have accused Ace American Insurance Co. of underpaying by $8.5 million a handful of claims made during the hotel’s $250 million renovation and of welching on an agreement to pay what the hotel believes it was owed under its construction risk insurance policy.
Italian insurance giant Generali SA has agreed to sell most of its German life insurance management business to private equity-backed Viridium Gruppe in a deal that could value the unit at as much as €1 billion ($1.17 billion), according to a Thursday statement.
The Florida Supreme Court ruled Thursday that the Agency for Health Care Administration cannot place a lien on a Medicaid beneficiary’s tort recovery that exceeds the cost of past medical expenses, overturning a lower court opinion in a dispute over a Medicaid lien for a recipient injured in a vehicular accident.
Baker Donelson Bearman Caldwell & Berkowitz PC fought Tuesday to continue representing a Blue Cross Blue Shield unit facing an antitrust suit from allergy testing company United Allergy Services, telling a Louisiana federal court that its short stint representing UAS involved no exposure to confidential information that would disqualify it from from representing the insurer in this case.
Scientific Games Inc. told an Illinois federal judge on Thursday that its rival Shuffle Tech International LLC is proposing an unnecessary and “unduly prejudicial” instruction ahead of their trial this month over Shuffle Tech’s claim the gaming technology company unlawfully cornered the electronic card-shuffler market.
Scooters and mopeds are all the rage across the country, but these cheap rides can be costly in terms of public safety. It’s a perfect storm from a safety and liability standpoint. States and cities must enact laws that protect drivers and pedestrians, including licensing and insurance requirements, says Neama Rahmani of West Coast Trial Lawyers.
The 14th Court of Appeals in Houston recently ruled in TWIA v. Dickinson that an appraisal award alone does not provide sufficient evidence to conclusively show that damage was caused by a covered peril. Parties to the appraisal process should cooperate in educating the appraisal panel as to the issues being addressed, say Jennifer Gibbs and Michael Upshaw of Zelle LLP.
Allen & Overy LLP attorneys from dozens of international offices collaborated this past year to oversee three of the six largest cross-border mergers and multibillion-dollar bond issuances in China, Saudi Arabia and Nigeria, landing the firm on Law360’s Global 20 list.
Conservative heavyweights fill out President Donald Trump’s list of potential Supreme Court nominees to step into Justice Anthony Kennedy’s seat. But how do they rate as judges? A new ranking from Ravel Law reveals how much weight they carry among their peers.
President Donald Trump has whittled his shortlist of replacements for retiring U.S. Supreme Court Justice Anthony Kennedy to four and aims to arrive at his final choice while at his New Jersey golf club this weekend, he told reporters Thursday.
Sixth Circuit judge and Supreme Court contender Joan Larsen is well regarded in legal circles, but with only a few years of experience on the bench, her overall judicial philosophy is still coming into view.
As attention on the U.S. Supreme Court has heated up since the retirement of Justice Anthony Kennedy on June 27, a previous member of President Donald Trump’s shortlist for a high court vacancy, Third Circuit Judge Thomas Hardiman, has bubbled to the surface again as a potential nominee.
Katten Muchin Rosenman LLP announced in an internal memo made public Thursday that it would raise base salaries for some of its U.S. associates in July in accordance with the new market scale, on the condition that they are on track to make their billable hour targets for the year.
Legal technology companies are reaping big benefits as corporate law departments look to free up attorneys to devote more time to complex tasks, and as the role of custom technology and automated processes gain momentum in the legal profession. Here’s what in-house lawyers need to know about how this expanding environment is transforming the industry.
A planned expansion of Delaware’s current five-member Court of Chancery gathered steam Thursday, one week after enactment of a state budget that added two new vice chancellor seats to the nationally prominent, 226-year-old equity court that routinely handles multibillion-dollar disputes.
President Donald Trump’s former personal attorney Michael Cohen has hired a prominent Washington lawyer known for working with the Clinton White House to represent him as he faces a federal corruption investigation and reportedly phases out his legal team at McDermott Will & Emery LLP.
This week’s legal lions include a team from Quinn Emanuel Urquhart & Sullivan LLP and Paul Hastings LLP that helped get a $140 million verdict junked, while on the legal lambs list is a former BigLaw attorney who pled guilty to running an unlawful money transfer business.