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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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January 24, 2025
BCBS Has 'High Hurdle' For New $13M Trial, Mich. Judge Says
A Michigan federal judge on Friday told Blue Cross Blue Shield of Michigan it had a "high hurdle" to meet for him to say a new trial is warranted, after a jury awarded almost $13 million to a worker who was fired after being denied religious accommodation from the company's COVID-19 mandatory vaccine policy.
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January 24, 2025
Fla. Judge Splits Trial In Case Over DJ's Elevator Injuries
A Florida federal judge Friday bifurcated a trial between two insurance carriers and an elevator company that settled a Miami D.J.'s $5.5 million injury lawsuit, ruling that excess coverage claims will be tried first, with bad faith claims being tried after.
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January 24, 2025
FDIC Wins Discovery Bid In SVB Fraud Coverage Row
A Chubb unit must give certain documents to Silicon Valley Bank's former parent SVB Financial Group regarding coverage for a fraud that SVB Financial said caused $73 million in losses, a North Carolina federal court ruled Friday, though relieving an excess insurer of doing the same.
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January 24, 2025
3rd Circ. Halts Pa. Med Insurer Suit Pending High Court Review
The Third Circuit agreed Friday to put a hold on its ruling that Pennsylvania's medical malpractice insurance fund is an agency of the state and can dip into the fund's $300 million budget surplus pending the outcome of the fund's appeal to the U.S. Supreme Court.
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January 24, 2025
Chemical Co. Says Insurer Owed Defense For Birth Defect Suit
A chemical supplier said a Liberty Mutual unit unreasonably denied coverage for an underlying suit brought by workers at a Seattle-area Boeing facility who blame their son's birth defects on chemicals they were exposed to on the job, according to a suit removed to Washington federal court.
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
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