Insurance & Financial Services

Does your professional liability insurance cover AI mistakes? Don’t be so sure

Lawyers have adopted generative artificial intelligence at a rapid pace. But it also can be unreliable, and it is frequently disparaged for its hallucinations, biases and incomplete responses.

Feb 1, 2025 1:55 AM CST

Investing for retirement—is it luck?

Accumulating your desired retirement fund balance relies mostly on the amount that you have saved. But investing your savings is also an important aspect of achieving your retirement goals. To understand the importance of your savings habits, see this Sept. 11, 2024, article in the ABA Journal: "Getting ready for retirement is easier than you think."

Jan 28, 2025 3:31 PM CST

Death row inmate can pursue due process appeal over sex-life evidence admitted at trial, Supreme Court says

A death row inmate can pursue a claim that her Oklahoma trial was prejudiced by the introduction of evidence about her sex life, provocative clothing and thong underwear, the U.S. Supreme Court ruled Tuesday.

Jan 22, 2025 10:40 AM CST

Federal judge will no longer tolerate lawyers’ barbed briefs and ‘expletive-laden phone calls’

A federal judge in Seattle is fed up with "hyperbole and bluster" in a lawsuit alleging that State Farm failed to pay full policy benefits to homeowners after a house fire.

Dec 12, 2024 9:00 AM CST

Judge cuts Quinn Emanuel’s $185M fee, an amount deemed ‘astronomical’ by objectors

A federal judge has slashed a $185 million fee that she initially awarded to Quinn Emanuel Urquhart & Sullivan, an amount that translated to about $18,500 per hour for its work in an insurance class action lawsuit.

Oct 14, 2024 1:12 PM CDT

Getting ready for retirement is easier than you think

Most people start thinking about and saving for their retirement in their 50s, timing they invariably regret. In my career, I have conducted well over 100 retirement seminars. I can attest that at the end of every seminar, attendees undoubtedly say, “I wish I had taken this course sooner” and “Why didn’t I start to plan for my retirement earlier?”

Sep 11, 2024 1:30 PM CDT

How to combat cybersecurity threats when using artificial intelligence

If you’re nervous about cybersecurity threats to your law firm, you’re not alone. While cybersecurity will always be a threat, especially if you’re using artificial intelligence, there are ways to combat it.

Aug 26, 2024 9:06 AM CDT

Are insurance defense firms in ‘aggressive hiring mode’? New hires sought amid salary disadvantage

An administrative partner at Tyson & Mendes has painted a bleak picture for insurance defense law firms seeking to boost their head count.

Aug 21, 2024 8:44 AM CDT

GEICO doesn’t have to pay for STD contracted during car sex, despite policy punctuation, 8th Circuit says

A woman who contracted human papillomavirus after car sex isn’t entitled to damages from her sexual partner’s auto insurance policy, a federal appeals court has ruled.

Aug 5, 2024 11:40 AM CDT

5th Circuit rejects nationwide injunction in challenge to task force’s insurer mandates

A task force that issued preventive care mandates for insurance companies under the Affordable Care Act had “unreviewable power” that violated the Constitution, a federal appeals court has ruled.

Jun 25, 2024 1:02 PM CDT

In concurrence confession, appeals judge says ChatGPT research ‘less nutty’ than feared

Judge Kevin Newsom of the 11th U.S. Circuit Court of Appeals at Atlanta tried using ChatGPT to research the ordinary meaning of “landscaping,” and he’s not afraid to admit it.

Jun 6, 2024 9:09 AM CDT

Supreme Court rules for NRA in First Amendment suit over official’s alleged ‘pressure tactics’

Updated: The First Amendment prevents government officials from using their power to selectively punish or suppress speech that the government disfavors, the U.S. Supreme Court ruled Thursday in a lawsuit by the National Rifle Association.

May 30, 2024 10:46 AM CDT

As judgment preservation insurance gains steam, appellate decision leaves insurers ‘on the hook’ for millions

A federal appeals court’s April 30 reversal of a $1.6 billion judgment for a software maker “has sent ripples through the growing judgment preservation insurance industry,” according to a Bloomberg Law story.

May 8, 2024 2:07 PM CDT

Cadillac owner’s driving data was shared with insurers without his knowledge or consent, suit claims

A Florida driver alleges in a lawsuit that the sale of misleading driving data to insurers without his knowledge or permission violated consumer laws and his right to privacy.

Mar 19, 2024 1:13 PM CDT

SCOTUS justices must list value of gifted transportation, updated rules clarify

U.S. Supreme Court justices and federal judges must disclose the value of travel-related gifts, according to an update to financial disclosure regulations intended to “reflect past statutory changes more clearly,” according to the Administrative Office of the U.S. Courts.

Mar 19, 2024 10:18 AM CDT