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June 04, 2013 | Insurance Coverage Law Center

AIG and Prudential Financial Acknowledge Receiving “SIFI” Notifications

The Financial Stability Oversight Council (“FSOC”) has decided that a number of non-banks, including American International Group, Inc. (“AIG”),…
2 minute read
June 04, 2013 | Insurance Coverage Law Center

U.S. Supreme Court: Federal Insurance Law Preempts Virginia Law Providing that Divorce Decree Automatically Revokes Insured’s Prior Designation of Spouse as Beneficiary

The U.S. Supreme Court has ruled that the Federal Employees’ Group Life Insurance Act of 1954 (“FEGLIA”) preempted a Virginia law that…
9 minute read
June 04, 2013 | Insurance Coverage Law Center

New Mexico Supreme Court Rules Undocumented Workers Entitled to Benefits Where Employer Failed to Follow Federal Hiring Rules

The New Mexico Supreme Court has held that employers that cannot demonstrate good faith compliance with federal law in the hiring process cannot use the…
4 minute read
June 04, 2013 | Insurance Coverage Law Center

Fairfax Financial to Acquire American Safety Insurance for $29.25 per Share

Fairfax Financial Holdings Limited and American Safety Insurance Holdings, Ltd., have entered into a merger agreement pursuant to which Fairfax will…
3 minute read
June 04, 2013 | Insurance Coverage Law Center

Insured Value of U.S. Coastal Properties Exceeds $10 Trillion, Report Finds

Catastrophe modeling firm AIR Worldwide has released an update to its “The Coastline at Risk” report that presents and discusses AIR’s…
2 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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June 04, 2013 |

Phila. Jury Awards Man Who Lost His Leg in Auto Accident

A Philadelphia jury has awarded a $19 million verdict to a man who lost his lower right leg in a car accident while he was pushing a car off to the side of the road.
3 minute read
June 04, 2013 |

Supreme Court Sets Standards for Constables

For the first time, Pennsylvania constables will operate under a uniform set of rules when they work for the courts. The operating rules are based on the recommendations of a working group established by the state Supreme Court.
2 minute read
June 04, 2013 |

Sunshine Act: Implications for Physicians

By September 30, 2014, the Centers for Medicare and Medicaid Services (CMS) will begin publishing data on financial relationships between drug and device manufacturers and health care providers.
7 minute read
June 04, 2013 |

Budget Process to Go Public Soon, House GOP Says

Legislative aides have been working for weeks on the details of a state spending plan for the fiscal year that begins July 1. The budget negotiation process is set to go public as Republicans in the state House of Representatives said last week they will likely bring a plan to the floor the week of June 10.
2 minute read
June 04, 2013 |

TD Bank To Settle With Three More Plaintiffs in Scott Rothstein Scheme

TD Bank attorneys, appearing before Broward Circuit Judge Jeffrey Streitfeld on its role in the Scott Rothstein fraud litigation, announced they are nearing settlement agreements in three cases before the court.
3 minute read

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