Insurance & Financial Services

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

Former Wilson Elser partner didn’t show chronic fatigue entitled him to disability coverage, judge says

A former nonequity partner at Wilson Elser Moskowitz Edelman & Dicker is not entitled to long-term disability benefits because he failed to show that his chronic fatigue syndrome was so severe that it kept him from performing the regular duties of his job, a federal judge has ruled.

Feb 15, 2024 9:35 AM CST

Quinn Emanuel disclosure order highlights relatively new product: judgment preservation insurance

Quinn Emanuel Urquhart & Sullivan must disclose terms of judgment preservation insurance that it allegedly bought before distributing a $185 million fee award to partners, according to a U.S. Court of Federal Claims judge.

Jan 31, 2024 3:39 PM CST

Former FDIC lawyer who once worked in BigLaw pleads guilty in child-exploitation case

A lawyer who worked in the general counsel’s office at the Federal Deposit Insurance Corp. pleaded guilty Tuesday in connection with his participation in two online groups that exploited prepubescent girls.

Jan 25, 2024 1:21 PM CST

Can injured bicyclist tap dad’s uninsured motorist coverage? Despite policy exclusion, it’s covered, top Illinois court says

The Illinois Supreme Court has ruled against the Direct Auto Insurance Co. in a dispute over the reach of its uninsured motorist coverage.

Dec 4, 2023 11:56 AM CST

Friend’s RV loan to Justice Thomas was apparently forgiven before principal fully paid, new Democratic report says

Documents suggest that U.S. Supreme Court Justice Clarence Thomas purchased his luxury RV with a loan of $267,230 from a wealthy friend who forgave "a substantial amount or even all of the principal balance," according to an Oct. 25 report by Democratic members of the U.S. Senate Committee on Finance.

Oct 26, 2023 9:22 AM CDT

Did Trump lawyers flub by failing to request jury trial in civil fraud case?

Former President Donald Trump has told reporters that it was “very unfair” that he didn’t have a jury trial in the civil fraud case alleging that he inflated the value of his properties in statements to insurers and banks.

Oct 4, 2023 10:36 AM CDT

Judge rips lawyers for ‘egregious’ repetition in opinion finding Trump liable for inflating finances

A New York state judge ruled in a civil lawsuit Tuesday that former President Donald Trump inflated the value of his property in fraudulent statements provided to lenders and insurers.

Sep 27, 2023 9:10 AM CDT

Litigation funder would make 37,000% return on its investment in litigation over oil company seizure

Litigation funding company Burford Capital would receive about $6.2 billion under a federal judge’s order requiring Argentina to pay likely damages of about $16 billion for its 2012 seizure of an oil and gas company.

Sep 12, 2023 2:36 PM CDT

Creating Space at the Table: Succeeding as a female in the still-male-dominated field of law

Growing up far from the big city in Delmar, New York, I did not know many lawyers, and I certainly knew of no lawyers to emulate. Back then I would have never dreamt of becoming a managing partner in a successful law firm. But here I am, thanks to the sound advice from mentors who saw my potential and helped me forge my way.

Jun 29, 2023 8:56 AM CDT

Crowell & Moring will withdraw in Humana litigation after Walgreens alleges ‘betrayal’

Crowell & Moring is withdrawing from the representation of health insurer Humana after its litigation opponent accused the law firm of “unethical side-switching.”

Jun 14, 2023 10:11 AM CDT

Genetic genealogy leads to arrest of lawyer in series of rapes

A corporate lawyer in the New York City area has been charged with the sexual assaults of four women in Boston in 2007 and 2008 after police used genetic genealogy to link him to the crimes.

Jun 1, 2023 8:16 AM CDT

‘Warlike action’ exclusion didn’t protect insurers from Merck’s cyberattack claim, appeals court says

A New Jersey appeals court ruled last week that an exclusion for “hostile/warlike action” in insurance policies covering "all risks" didn’t bar a pharmaceutical company’s claim for damages in a cyberattack.

May 9, 2023 12:52 PM CDT

Justice Thomas’ financial disclosure issues referred to committee of federal judges

A request for an investigation of U.S. Supreme Court Justice Clarence Thomas for alleged financial disclosure failures has been referred to the U.S. Judicial Conference’s Committee on Financial Disclosure, according to a letter reviewed by the Washington Post.

Apr 20, 2023 2:22 PM CDT