INSURASALES

Tag: Litigation

Federal Judge Allows Bristol-Myers Pension Risk Transfer Lawsuit to Proceed

A federal judge permits a pension risk transfer lawsuit against Bristol-Myers Squibb over ERISA fiduciary duty allegations related to pension obligations transferred to Athene.

Plaintiff Legal Advertising Surge Raises Insurance Cost Concerns

Explore how a 32% rise in plaintiff attorney advertising in 2024 is influencing U.S. property and casualty insurance costs, with insights from expert Robert P. Hartwig.

Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance

Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.

Travelers Casualty Insurance Company v. New Mexico Bone and Joint Institute Case Overview

Overview of the insurance litigation case between Travelers Casualty Insurance Company and New Mexico Bone and Joint Institute, focusing on key contractual and coverage disputes in New Mexico.

Court Affirms No Coverage for ATV Accident Under Standard Auto Policy

A federal appeals court in Michigan ruled that injuries from an ATV accident are not covered under standard auto insurance policies due to the vehicle's off-road design. This decision impacts coverage interpretation under Michigan's no-fault statute.

Tech-Enabled Claim Instigation Drives Litigation Risks in Transportation Insurance

Demotech uncovers AI-driven claim instigation tactics fueling litigation and insolvency risks in the U.S. transportation insurance sector, prompting industry-focused legislative discussions and strategic defense initiatives.

Federal Court Upholds CMS Medicare Advantage Star Ratings, Denies Elevance Health Lawsuit

Texas federal judge rules against Elevance Health in lawsuit over Medicare Advantage star ratings, impacting $375 million in bonus revenue. CMS methodologies upheld.

Priscilla Presley Faces $50M Fraud Lawsuit And Shocking Death Accusations

Priscilla Presley is sued for $50M in a new Beverly Hills case alleging fraud, breach of contract, and hastening Lisa Marie Presley's death. The lawsuit expands a complex estate and trust dispute involving the Promenade Trust and celebrity asset management.

Crowell & Moring Expands Healthcare Litigation Team, Boosts Nationwide Reach

Crowell & Moring expands its healthcare litigation practice with 16 partners from Reed Smith, enhancing nationwide legal services across managed care and healthcare law.

New Haven Pension Lawsuit Highlights Oversight in Union Settlement

A New Haven pension lawsuit proceeds challenging a $400,000 firefighter annuity linked to a Supreme Court case, focusing on municipal contract oversight.