Fire-Safe Rebuilding Key To Reducing LA Insurance Issues
Reducing the potential of fires like those in Los Angeles to disrupt insurance and housing markets will require a significant and sustained effort to lower physical risks in fire-prone communities, and a commitment to rebuilding to stronger standards.
Insured Atty Says Strike Trade Issues Need Special Coverage
Union leaders and management for ports and shipping companies reached a tentative deal to avoid a major strike, a close call that highlighted how losses from trade disruptions can fall through the cracks of standard insurance coverage. Stephen Raptis, a partner at Reed Smith LLP's insurance recovery practice, spoke to Law360 about the kinds of losses that can result from a strike-induced supply chain disruption, where the usual coverage options fall short and what policyholders in the maritime trade can do to minimize their risks.
Home Depot's 6th Circ. Loss Reveals Cyber Coverage Gaps
The Sixth Circuit's finding that an electronic data exclusion in Home Depot's insurance policies barred coverage for a $50 million claim stemming from a 2014 data breach marks an important distinction in litigation over whether multiple types of policies can cover the same loss, experts say.
Fire-Safe Rebuilding Key To Reducing LA Insurance Issues
Reducing the potential of fires like those in Los Angeles to disrupt insurance and housing markets will require a significant and sustained effort to lower physical risks in fire-prone communities, and a commitment to rebuilding to stronger standards.
Insured Atty Says Strike Trade Issues Need Special Coverage
Union leaders and management for ports and shipping companies reached a tentative deal to avoid a major strike, a close call that highlighted how losses from trade disruptions can fall through the cracks of standard insurance coverage. Stephen Raptis, a partner at Reed Smith LLP's insurance recovery practice, spoke to Law360 about the kinds of losses that can result from a strike-induced supply chain disruption, where the usual coverage options fall short and what policyholders in the maritime trade can do to minimize their risks.
Home Depot's 6th Circ. Loss Reveals Cyber Coverage Gaps
The Sixth Circuit's finding that an electronic data exclusion in Home Depot's insurance policies barred coverage for a $50 million claim stemming from a 2014 data breach marks an important distinction in litigation over whether multiple types of policies can cover the same loss, experts say.
Expert Analysis
A recent private plane crash in California that killed two people and injured 19 others spotlights the dangers of ... (more story)
This year is likely to bring with it some thorny and expensive cyber challenges, including increased ransomware ac... (more story)
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As conspiracy theories continue to proliferate and gain traction in the U.S., defense attorneys will need to consi... (more story)
Property More
A Louisiana federal judge lifted a stay and vacated an order to arbitrate a $7 million Hurricane Ida damage claim against domestic surplus insurers, ruling that a recent decision from Louisiana's top court rep... (more story)
A cannabis product manufacturer cannot get more than $1.3 million in business interruption coverage from a Berkshire Hathaway unit for a fire in one of its "flowering rooms," a Connecticut federal court ruled,... (more story)
United Fire & Casualty Co. reached a settlement in its $1.7 million suit against a Texas sign-making company, resolving its bid to recover funds paid to a bed and breakfast after a fluorescent sign caught fire... (more story)
A Tenth Circuit panel appeared skeptical Tuesday that a lower court had cleared the way for the insurance industry to rely on flawed expert reports to justify claims decisions, with one judge suggesting the ru... (more story)
As lawyers from across the nation descend upon Southern California to sign up those affected by the devastating wildfires, fire victims should not rush to hire an attorney, lest they also become victims of fra... (more story)
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughou... (more story)
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, incl... (more story)
General Liability More
The Sixth Circuit refused to reconsider a decision that vacated an $18.3 million jury award against TransUnion LLC, rejecting a request from a startup that claimed the credit reporting company kept hold of int... (more story)
General Motors and OnStar agreed to a five-year ban on disclosing geolocation and driver behavior data to consumer reporting agencies to resolve the Federal Trade Commission's allegations that the companies di... (more story)
An insurer for a property management company said another carrier must contribute to the defense of an underlying suit accusing the company of failing to maintain a mobile home park, telling a California feder... (more story)
Allstate illegally obtained the personal driving data of millions of policyholders via software embedded in third-party apps and secretly used that data to hike premiums, deny claims or drop policyholders from... (more story)
Atain Specialty Insurance Co. must reimburse Liberty Mutual Insurance Co. for the $1 million appeal bond Liberty issued to an Atain insured that ultimately lost its appeal in an underlying suit, the Fourth Cir... (more story)
A North Carolina state court issued a discovery decision in a dispute between grocery chain Harris Teeter Supermarkets Inc. and a slew of its insurers over coverage for about 100 lawsuits seeking damages relat... (more story)
Specialty Lines More
A Lyft driver accused his insurer of violating Washington's Insurance Fair Conduct Act over his bid for uninsured motorist benefits following a carjacking, saying the insurer forced him to go to arbitration an... (more story)
The U.S. Supreme Court will hear arguments Wednesday from Cornell University and workers looking to reinstate a class action alleging their retirement plan paid excessive fees, in a case that could change the ... (more story)
OpenText told a Michigan federal court it should be dismissed from an insurer's suit seeking to avoid coverage of a class action from former Covisint shareholders alleging an unfair merger, saying it's not inv... (more story)
Cadwalader Wickersham & Taft LLP has accused a Lloyd's of London syndicate of attempting to "embarrass" the firm by publicly revealing the firm's data breach recoveries amid the insurer's bid to toss a coverag... (more story)
The Sixth Circuit backed Home Depot’s loss in its $50 million data breach coverage fight, the U.S. Supreme Court refused to hear a California farming partnership’s crop coverage dispute, and the Fourth Circuit... (more story)
Montoux, a New Zealand-based provider of actuarial software, has hired lawyers from Young Conaway Stargatt & Taylor LLP to help secure U.S. recognition of a liquidation process the company launched in its home country.
A proposed class of Symetra policyholders asked a Washington federal court to preliminarily approve a $32.5 million deal to resolve a suit alleging that the insurer overcharged them for life insurance, saying ... (more story)