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Law.com

'A Wake Up Call to the Life Insurance Industry:' California Sues Insurers

The case was filed against American General Life Insurance Co., Lincoln Benefit Life Co., Everlake Life Insurance Co. and Transamerica Life Insurance Co.
3 minute read

Corporate Counsel

Financial Services Has a Trust Problem. Can GCs Help Right the Ship?

"They'd be wise to focus on user-friendliness and to come across with authenticity when dealing with their customers," said Noah Hanft, a former general counsel of MasterCard.
4 minute read

Daily Business Review

Back-To-Back Hurricanes' Impact on Florida Legal Work Will Go Beyond Usual Suspects

Insurance and homeowners association practices will see increased demand in the wake of Hurricanes Helene and Milton, but lobbying and even criminal and family law could be the subject of heightened interest.
5 minute read

The Legal Intelligencer

$8M Settlement Reached in Wrongful Death, Negligence Suits Against Phila. Foster Agency

"In terms of information that was available about the house, I don't know that I've seen a worse placement before," said Kline & Specter's Nadeem Bezar about the agency's decision to place two girls in a home with a history of violence, among other concerns.
4 minute read

Law.com

A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out

Major property and casualty insurance companies filed 26 lawsuits within a week—with 19 coming from Allstate.
4 minute read

The Legal Intelligencer

After the Decision in 'Ungarean,' Is the Battle of Insurance Coverage for COVID Losses in Pa. Over?

Many will interpret the Ungarean decision as the death knell for insurance policyholders' hopes of obtaining business interruption coverage for COVID-19 losses under Pennsylvania law, but a careful reading reveals the decision's limited scope.
6 minute read

The American Lawyer

Holland & Knight Snags 2 Insurance Partners in New York and Philadelphia From Goodwin

Holland & Knight is refilling its office in Philadelphia after a raid from Polsinelli in July, along with another partner addition in New York. Both lawyers have been working together in the insurtech space since 2018 and jumped over from Goodwin Procter.
3 minute read

Daily Report Online

Jewelry Fraud Is on the Rise

While it is impossible to eliminate all fraud, insurance carriers can make headway into preventing jewelry fraud with some easy steps, whether at the front end when the application is secured, or after a claim is submitted with a more thorough investigation.
5 minute read

New York Law Journal

The Future of Artificial Intelligence and Insurance Sales

Use of AI also raises a host of regulatory concerns, which, in an industry that already has a well-established regulatory framework, may result in significant additional regulatory burdens for insurance producers in the near future.
8 minute read

New York Law Journal

Securely Navigating the AI Sea

Most lawyers are still wary, and that's prudent. AI raises ethical issues. Lawyers must avoid its many pitfalls. These pitfalls include failing to appropriately communicate with the client or the court, failing to secure confidential client data, and overly relying on AI tools.
6 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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