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Insurance
Insurance Law360 provides breaking news and analysis on insurance law. Coverage includes high-stakes cases against major insurance carriers, brokers, and reinsurers, as well as relevant policy developments and corporate deals.
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Latest News in Insurance
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July 23, 2024
Ex-Allied World Exec To Change Plea In $1.5M Fraud Case
Allied World National Insurance's former executive, who pled not guilty to wire fraud charges earlier this year stemming from a $1 million embezzlement scheme, will change his plea next week in Connecticut federal court, according to a minute entry order entered Tuesday.
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July 23, 2024
Mother Urges Sanctions On Nonprofit Over Unpaid $13.4M Win
An 81-year old mother who won a $13.4 million judgment after her son died in a group home run by the Connecticut Institute for the Blind asked a state court judge Tuesday to order swift sanctions against the nonprofit for allegedly dodging depositions and stalling attempts to collect the award.
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July 23, 2024
6th Circ. Affirms Insurer's Early Win In Hail Damage Suit
A welding company wasn't owed coverage for roof damage caused by wind and a hailstorm, the Sixth Circuit ruled, finding that a lower court didn't err in ruling that a cosmetic-damage exclusion in its policy precludes the damage at issue.
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July 23, 2024
Malpractice Insurer Escapes Conn. Firm's Suit For Coverage
A Connecticut law firm and its principal will not have their legal bills reimbursed by their malpractice insurer after a state judge granted an early win to the insurance company, noting the firm admitted it was already facing a misconduct claim when its policy went into effect.
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July 23, 2024
Reinsurance Biz Secures $1.3B In Latest Capital Raise
Annuity reinsurer Martello Re Ltd., advised by Kirkland & Ellis LLP and Clifford Chance LLP, on Tuesday announced that it successfully completed a $1.3 billion capital raise, including $935 million of equity commitments and an upsized current credit facility by $360 million.
Areas of Coverage
- AGENCIES
- National Association of Insurance Commissioners
- Federal Insurance Office
- State insurance commissioners
- U.S. Securities and Exchange Commission
- International insurance regulators
- POLICY & REGULATION
- Affordable Care Act
- Dodd-Frank Act
- State and international insurance legislation and regulation
- LITIGATION
- Coverage suits over asbestos, environmental contamination, and other mass and toxic torts
- Liability-related suits, including disputes over commercial general liability, directors’ and officers’ liability, management liability, and professional liability
- Business interruption coverage suits
- Construction damage and defect disputes
- Coverage suits related to hurricanes and other natural disasters
- Federal and state appellate court rulings over insurance coverage
- Premium- and rate-related class actions
- Deceptive and unfair trade practices suits
- Reinsurance arbitration proceedings
- Shareholder class actions, including those over ERISA violations and modal premium rates
- Bankruptcy proceedings
- TRANSACTIONS
- Mergers, acquisitions, and joint ventures involving insurers and reinsurers
- Demutualizations and mutual holding company reorganizations
- PROFILES
- Personnel moves
- Profiles of insurance practices
Readership
- Insurance lawyers at top law firms
- Executives and attorneys at insurance carriers and corporate policyholders
- Regulatory compliance officers
- Information experts at law firms, agencies, and companies
- Policymakers at federal and state agencies
- Judges and court staff across the U.S.
- Professors, students, and library staff at every accredited law school in the U.S.
- Attorney and law firm marketing professionals