Insurance & Financial Services

27 ABA Journal Insurance & Financial Services articles.

Overbilling suit alleges K&L Gates used these techniques to increase fees
An overbilling lawsuit filed against K&L Gates on Monday alleges the law firm used multiple techniques to increase its fees fraudulently while representing a company in a suit over a failed lease agreement.
Lawyer who represents whistleblowers loses malpractice insurance because of ‘high-profile’ work
The Hanover Insurance Group has refused to renew malpractice coverage for the lawyer representing the whistleblower whose complaint led to impeachment proceedings against President Donald Trump.
No takebacks? Settlement offer missing a zero can be withdrawn, appeals court says
A settlement offer for one-tenth of the intended amount can be rescinded after it was mistakenly sent to an insurer by a lawyer’s paralegal, a Florida appeals court has ruled.
Afternoon Briefs: Actor Jussie Smollett’s prosecutors are reviewed; enhanced protection is recommended for judges

No crimes by prosecutors found in Jussie Smollett case

Special prosecutor Dan Webb has found “substantial abuses of discretion” but no criminal wrongdoing by prosecutors who dropped charges against actor…

Afternoon Briefs: Sheriff bans masks for deputies; judicial panel won’t centralize COVID-19 insurance suits

Florida sheriff bans masks for deputies, office visitors

Marion County, Florida, Sheriff Billy Woods has banned face masks for his deputies and visitors to his offices. Woods made some exceptions…

Quinn Emanuel seeks fee amounting to $18,500 per hour; will judge approve it?
Quinn Emanuel Urquhart & Sullivan is asking to be paid $185 million for representing insurers suing the federal government for compensation under the Affordable Care Act.
Afternoon Briefs: District attorney hints of broader Trump probe; ex-ABA president is new dean

DA may be investigating Trump for possible bank fraud

A legal filing suggests that President Donald Trump and his company could be under investigation for possible bank and insurance fraud.…

Afternoon Briefs: Suit filed for immigrant children detained at hotel; ill judge doesn’t have to sign reelection papers

Lawsuit filed for immigrant children detained at Hampton Inn

A lawyer with the Texas Civil Rights Project was forced out of a Hampton Inn hotel in McAllen, Texas, where he…

Afternoon Briefs: Most judges see systemic racism; former Trump lawyer sent back to prison over tell-all book

Most judges say systemic racism exists in criminal justice system

Sixty-five percent of 634 judges responding to a survey said they think systemic racism exists in the criminal justice system.…

Former law firm partner suspended for approving settlements without telling insurer client
A former partner at Goldberg Segalla in its Pennsylvania office has been suspended for three years for settling cases without informing the insurer who hired his law firm.
DOJ argues entire health care law must be struck down
The U.S. Department of Justice is arguing that the Affordable Care Act must be struck down in its entirety because of Congress’ decision to lower the tax penalty to zero for failure to carry health insurance.
Lawyer suspended after state bar alleges he creates ‘massive waste of judicial resources’
The Florida Supreme Court has agreed to the emergency suspension of a lawyer accused of wasting judicial resources, blowing deadlines and making dishonest statements.
Coronavirus pandemic prompts wave of ‘business interruption’ lawsuits by restaurants

Restaurants may often invest in substantial insurance coverage for their businesses, including purchasing “business interruption” coverage in case something beyond their control forces a shutdown of their operations. In mid-March, such an event happened: the coronavirus pandemic.

Audit alleges 1 county attorney paid wife $126K bonus, another funded personal expenses
Mike Harmon, the Kentucky auditor of public accounts, announced Thursday that his audit findings for three prosecutors' offices will be referred to the FBI and the state attorney.
Health law requires US to pay insurers that lost money, Supreme Court rules
Insurers that lost money participating in the Affordable Care Act’s insurance marketplace have a right to reimbursement under the law, the U.S. Supreme Court ruled Monday.

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