Insurance policies are like a box of chocolates—you never quite know what you’re going to get. Or, in the case of Billings Clinic v. Zurich American Insurance Company, 1 maybe you do, but the label on the box has you scratching your head. You might think Zurich American Insurance Company is the insurer after reading …
Insurance
Your ERISA Watch – Week of December 4, 2024
Last week was a slow one for the federal courts, as the steady drip of turkey-produced tryptophan prevented them from providing us with a full complement of the ERISA-related decisions we all know and love. As a result, there was no notable decision for us to recap. Nonetheless, a handful of brave judges and clerks…
Third Circuit Vacates Judgment for Insurer on Alleged Construction Defect Claim
The Third Circuit vacated and remanded to the district court the judgment in favor of the insurer on a construction defect claim. Odedeyi v. AmTrust Financial Services Inc., 2024 U.S. App. LEXIS 24729 (3d Cir. Oct. 1, 2024).
Mr. Odedeyi hired a contractor, who was insured by Security National, to perform…
Will Delaware Corporations Be “Leaving for Las Vegas”?
One of the hot topics in the corporate space over the last several months has been the question whether Delaware corporations should consider reincorporating in another state, such as Texas or Nevada. Much of the discussion in this re-domestication debate has centered on recent controversial decisions out of Delaware’s courts. The ongoing discussion of…
Stay Informed: The Zelle Lonestar Lowdown – A Must-Read Newsletter for Property Insurance Professionals
Steve Badger’s firm biography references a newsletter, The Zelle Lonestar Lowdown. For those battling insurance coverage issues in Texas, The Zelle Lonestar Lowdown offers invaluable monthly insights into Texas first-party property insurance law and claims. This newsletter, produced by a firm with deep roots in insurance litigation, provides critical updates that can make a difference ……
Prudential Reverses Disability Denial for Engineer with Depression
After paying 6 months of long term disability benefits for an Engineer with worsening depression, Prudential randomly decided to deny disability benefits. Long term disability attorney Rachel Alters discusses Prudential’s basis for denying benefits and the actions Rachel took to get the Prudential denial reversed.…
SEC’s FY 2024 Enforcement Activity Declined While Total Financial Remedies Surged
In recent days, SEC observers have speculated about who the new head of the agency will be in the incoming Trump Administration and what the new leadership might mean for the agency’s regulatory and enforcement agenda. While we await the upcoming changes, it is still worth asking what the agency has been up to from…
Unlock the Answers: How to Use the Blog’s Search Function Like a Pro!
Have you ever had a burning question about property insurance but didn’t know where to start looking for the answer? Well, here’s a pro tip: This blog has a powerful search function that can save you time and get you to the information you need quickly. We’ve written extensively about property insurance topics over almost ……
Potential Shifts in Employee Benefits: A Guide for Employers Under Trump
As we prepare for another change in Administration in the White House, it is crucial for employers and plan sponsors to stay informed and prepared. While much of what lies ahead is speculative, understanding these possible changes can help employers navigate the uncharted waters of employee benefits. Following is an overview of potential changes we…
Construction Defect Claim Survives Insurer’s Summary Judgment Motion Due to Lack of Evidence
The court denied the insurer’s motion for summary judgment on a construction defect claim due to lack of evidence. Statesboro Erectors, Inc. v. Owners Ins. Co., 2024 U.S. Dist. LEXIS 176555 (N.D. Ga. Sept. 30, 2024).
Griffco was the general contractor for a construction project. King Steel was hired as the…