Insurance & Financial Services

18 ABA Journal Insurance & Financial Services articles.

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.
2 SCOTUS justices agree to amend financial disclosures after Fix the Court asks questions
U.S. Supreme Court Justices Clarence Thomas and Sonia Sotomayor agreed to amend their financial disclosure forms after the court transparency group Fix the Court raised questions about their apparent failure to list some reimbursements for a few their trips.
ABA and SoFi offer student loan debt relief through new contest
Three ABA members could see a portion of their student loan debt paid off through a new partnership between the ABA and SoFi.
Afternoon Briefs: 2-time SCOTUS litigant gets settlement; at-large judge elections upheld in voting rights case

Florida man wins $875K settlement after two trips to the Supreme Court

A Florida man who won twice in the U.S. Supreme Court will get an $875,000 settlement for his…

Age bias suit by fired general counsel claims CEO complained about financial drain of older workers
The former general counsel for a W.R. Berkley Corp. subsidiary claims that the real reason the company fired him in June 2018 was because of his age.
Judge tells lawyer who sent ‘eat a bowl of dicks’ emails the profession doesn’t need him
A show-cause hearing began badly and then got worse for a California lawyer who told opposing counsel in an email to “eat a bowl of dicks.”
Insurer miscalculated benefits for lawyer who had heart attack 1 day before $65K raise, judge rules
A tax lawyer who had a heart attack over Labor Day weekend—a day before he received a $65,000 raise—was entitled to disability benefits based on the higher paycheck, an Illinois federal judge has ruled.
Lawyer who told BigLaw attorneys to ‘eat a bowl of dicks’ faces possible sanctions
Updated: A California lawyer who told opposing counsel in an email to “eat a bowl of dicks” says his insulting and expletive-laden missives were a negotiating tactic and weren’t intended as actual insults.
Did Buckley Sandler co-founder leave voluntarily? Question is at center of insurance dispute
A lawsuit filed last week maintains an insurer has no obligation to pay Buckley Sandler’s claim in connection with the departure of one of its founders because he did not leave voluntarily.
ABA hosts first-ever cannabis and hemp law conference

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