Insurance

Ohio Appeals Court Declares Medical Malpractice Cap on Pain and Suffering Unconstitutional, Sparking Nationwide Legal Debate

Pieter Gunst04 mins

In a significant development for medical malpractice litigation, an Ohio appeals court has determined that the state’s statutory limit on non-economic damages, specifically pertaining to pain and suffering in medical malpractice cases, is unconstitutional. This decision arose from a case involving a patient who was left with a severe brain disorder, challenging the cap on…

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Litigation Trends 2023: Cargo Losses, E. Coli Outbreaks, and Ransomware Attacks Intensify Legal Scrutiny

Pieter Gunst03 mins

Recently, significant litigation activity has been highlighted involving three key areas: cargo losses, an E. coli outbreak, and ransomware attacks. Analyses from platforms such as Law.com Radar emphasize the legal complexities and potential impacts on the corporate world. The surge in claims over cargo losses primarily relates to increasing disruptions in global supply chains. Over…

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Manulife Appoints JPMorgan Veteran Elizabeth Owens Baird as General Counsel to Navigate Complex Global Compliance and Digital Transformation

Pieter Gunst03 mins

Manulife Financial Corp., the Canada-based insurance behemoth, has recently appointed a new leader to helm its legal department. Elizabeth Owens Baird, who previously worked at JPMorgan Chase & Co., joins as the General Counsel, bringing a wealth of experience from one of the world’s largest financial firms. Her expertise in navigating complex regulatory environments will…

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Appellate Court Overturns $464 Million Fraud Penalty Against Trump, Raising Questions on Asset Valuation Practices

Pieter Gunst03 mins

The recent appellate decision to nullify the $464 million civil fraud penalty against former President Donald Trump has sent ripples through the legal community. This ruling overturns a previous judgment that found Trump liable for allegedly inflating the value of his assets. The decision, handed down by the appellate division, highlights the complexities of civil…

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Manulife Appoints Susan Coyne as Chief Legal Officer Amidst Global Expansion Efforts

Pieter Gunst03 mins

Manulife Financial Corp., Canada’s largest life insurer, has announced the appointment of Susan Coyne as its new Chief Legal Officer. This strategic hire comes as the company aims to bolster its legal leadership amid rapid growth and expansion in global markets. Coyne, a seasoned finance executive, brings extensive experience from her previous role at Fidelity…

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Federal Judge Approves $2.8 Billion Blue Cross Blue Shield Antitrust Settlement in Landmark Case

Pieter Gunst03 mins

An Alabama federal judge has greenlit a $2.8 billion settlement in an antitrust case involving Blue Cross Blue Shield (BCBS) and a class of medical providers. This resolution marks a significant step in addressing longstanding allegations against BCBS concerning anticompetitive practices that reportedly restrained trade and fixed prices within the health insurance market. A substantial…

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Minnesota Court Ruling Clarifies Limitations on Liability Insurance for Legal Claims

Pieter Gunst04 mins

Two insurers have been found not liable to cover companies accused of orchestrating an $8.5 million judgment scheme, following a ruling by a Minnesota federal court. The court determined that the commercial general liability policies did not extend to the alleged abuse of process claims. The decision highlights the limitations of coverage under policies designed…

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Delaware Law to Play Decisive Role in Title Insurer’s Non-Compete Legal Dispute

Pieter Gunst03 mins

The legal dispute involving a prominent title insurance company and its former in-house attorney has taken a critical turn as the insurer asserts that Delaware law should oversee the proceedings. This stance emphasizes the relevance of Delaware’s regulatory environment in contractual and employment matters. The core of the disagreement centers on a non-compete agreement allegedly…

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Legal Turmoil and Regulatory Shifts: The Unfolding Aftermath of the Bayesian Superyacht Disaster

Pieter Gunst04 mins

As the anniversary of the Bayesian superyacht disaster passes, legal professionals and stakeholders find themselves entangled in a complex web of litigation, still mired in uncertainty over liability. The superyacht, which met its catastrophic end off the coast of Monaco, has generated a series of lawsuits, underscoring the intricate challenges of maritime law and corporate…

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Pre/Dicta Expands Predictive Modeling Platform with Appellate Forecasting and Advanced Legal Analytics Tools

Pieter Gunst04 mins

Pre/Dicta, a legal analytics company based in New York, announced a significant expansion of its predictive modeling platform. The enhancement includes appellate forecasting capabilities, biographical intelligence tools, and comparative prediction features that now extend across judges, venues, and law firms. This development aims to help legal professionals navigate the complexities of judicial decision-making with greater…

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Illinois Appellate Court Ruling Challenges Federal Preemption in Trucking Broker Liability Cases

Pieter Gunst03 mins

The First District Appellate Court of Illinois has added a significant voice to the national debate regarding the liability of trucking brokers in motor vehicle accidents. In a ruling, Justice C.A. Walker emphasized that Congress intended to allow states to ensure the safety of their roadways by preserving an individual’s ability to pursue common-law negligence…

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Carlton Fields Expands Los Angeles Litigation Practice with Strategic Partner Addition of Jeff Miles

Pieter Gunst03 mins

Carlton Fields has made a notable addition to its Los Angeles litigation practice by bringing Jeff Miles on board as a new partner. This move is expected to strengthen the firm’s capabilities in handling complex litigation matters. Jeff Miles, who has a solid track record in insurance coverage litigation, brings his extensive experience in representing…

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Scrutinizing Credit Checks in Home Insurance: Balancing Risk Assessment and Consumer Equity

Pieter Gunst03 mins

The practice of home insurers checking the credit reports of potential policyholders has come under scrutiny. While insurers argue that credit information is a valuable tool for assessing risk, consumer advocates contend this method can unfairly penalize certain demographics. The argument for using credit checks stems from the belief that a person’s financial behavior, as…

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Anticipated Wave of AI-Driven Shareholder Lawsuits Signals Emerging Legal Challenges for Corporations

Pieter Gunst03 mins

As businesses navigate the evolving landscape of regulations and technologies, defense attorneys are bracing for a surge in shareholder lawsuits over the coming months. A recent survey by high-risk insurance firm Inigo indicates that nearly 75% of defense lawyers anticipate an uptick in private securities litigation, largely driven by developments in artificial intelligence. This sentiment…

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Zurich Insurance Faces Legal Scrutiny Over Obligations in Tech Firm’s Shareholder Lawsuit

Pieter Gunst03 mins

The ongoing litigation between a technology company known for its brain fitness application and Zurich Insurance Group has taken a pivotal turn. Recent filings in a Delaware federal court indicate that the company is demanding Zurich’s involvement in a shareholder lawsuit. The shareholders allege that the company and its leadership improperly used funds, misled investors,…

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Cyber Insurance Legal Battle Highlights Challenges in Coverage and Claims

Pieter Gunst03 mins

The increasing complexity and prevalence of cyberattacks are driving a surge in demand for cyber insurance policies. However, a recent lawsuit alleges that some insurers are not fulfilling their obligations. According to the claims, cyber insurers are currently facing allegations of owing nearly $5 million in covered losses to policyholders who have suffered from cyber…

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Trump-Era Healthcare Policies Propel a Surge in Personal Injury Litigation Opportunities

Pieter Gunst03 mins

In an intriguing development, the policies implemented by the Department of Health and Human Services (HHS) during the Trump administration have become a fertile ground for personal injury lawyers. The broad implications of these policies are attracting significant attention within the legal community. According to Bloomberg Law, the modifications to healthcare regulations and guidelines under…

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North Carolina Court Evaluates Insurer’s Role in $116 Million Recovery Dispute

Pieter Gunst03 mins

In a legal development that has drawn considerable attention, a North Carolina federal court is reviewing claims that an insurer intentionally obstructed recovery efforts exceeding $116 million. This lawsuit arises from allegations made by a company which financed a personal injury law firm’s case docket, ultimately seeking coverage under the insurer’s policies. According to recent…

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Michelle A. Behnke Assumes Leadership of the American Bar Association with a Focus on Justice and Diversity

Pieter Gunst04 mins

Michelle A. Behnke, a seasoned business attorney from Wisconsin, has commenced her tenure as president of the American Bar Association (ABA), emphasizing the organization’s commitment to “defending liberty and pursuing justice every day.” ([abajournal.com](https://www.abajournal.com/web/article/lawyers-essential-to-fighting-tyranny-says-aba-president-elect-michelle-behnke?utm_source=openai)) With over 35 years of legal experience, Behnke has a distinguished career in business mergers and acquisitions, real estate, and estate…

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Navigating AI-Induced Risks: Challenges and Imperatives for the Insurance Sector

Pieter Gunst04 mins

As artificial intelligence (AI) becomes increasingly integrated into various sectors, the insurance industry faces a complex landscape of emerging risks and uncertainties. Despite the growing recognition of these challenges, the development of comprehensive insurance solutions to mitigate AI-related liabilities remains in its infancy. The integration of AI into insurance operations has led to significant advancements,…

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DOJ Investigates New York AG Letitia James Over Trump Case: Legal and Political Implications Explored

Pieter Gunst03 mins

The U.S. Department of Justice (DOJ) has initiated an investigation into New York Attorney General Letitia James, probing her office’s handling of a legal case against former President Donald Trump. This move adds another layer to the already complex legal battles involving Trump and raises questions about potential political influences in high-profile investigations. Read more…

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