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Mistaken About Policy Limit, Law Firm Now Stuck With $100K Settlement
The insurance company allegedly withheld policy documentation showing the death-claim limit was $500,000. The initial proposal to which Tessmer Law and its clients are bound is $100,000.NY Judge Rules Reinsurer Must Complete $227 Million Acquisition
The decision from Manhattan Supreme Court Judge Andrea Masley, of the Commercial Division, is a win for Bermuda-based insurance holding company James River Group Holdings. James River is represented by Debevoise & Plimpton.Authority Over Tort Law and Attorney Discipline: What the Pa. High Court Is Eyeing in April
The 11 cases set to go before the justices touch on a range of impactful issues, including federal authority to shape tort law, insurance coverage for COVID-19 business interruption claims, and the burden of proof required to demonstrate rule violations in lawyer discipline matters.'Trap for Unguarded Consumer': Appellate Ruling Finds UIM Step-Down Provision Was Unclear
The ruling, which denied Wausau Underwriters Insurance Co.'s motion for reconsideration, waded into a novel question of insurance law regarding coverage for a vehicle with an alternate garaging address than what's listed on the policy.View more book results for the query "*"
Prophylactic Affirmative Defenses: Doing More Harm Than Good?
While merely striking affirmative defenses that should not have been in the action in the first place may not be a sufficient deterrent to curb the filing of frivolous defenses, where the assertion of such baseless prophylactic defenses occurs in first party insurance litigation, such as uninsured (UM) or underinsured (UIM) motorist claims, it may result in much harsher repercussions.Little-Known Law Leads to $3M South Florida Settlement
"That pressure led them to decide that they should resolve the case for their insurance policy limits," said Robert Fiore, an attorney for the estate.In-House Moves of Month: EBay, Estee Lauder, GE, Geico Grab Headlines
Among the GCs plotting retirements were John Deere's Mary Jones and Pitney Bowes' Daniel Goldstein.Lawyer Must Answer Claims of Breached Duty in Case With $500K in Fees
"The breach of fiduciary claims against Mr. Herz as trustee remain and will be litigated. We very much look forward to that," plaintiffs attorney Anthony G. Buzbee said.Insurer Hit With Over 340% Surge of Lawsuits in Florida Federal Courts
Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a "cartel."Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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