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December 05, 2012 | Inside Counsel

Record $5 billion in False Claims Act penalties issued this year

The Department of Justice (DOJ) announced on Tuesday that the False Claims Act reached a record $5 billion in penalties in the federal fiscal year that ended on Sept. 30.
5 minute read
December 05, 2012 | Inside Counsel

Boies Schiller year-end bonuses top out at $250,000

Lawyers at Boies Schiller & Flexner are about to collect some major cash.
1 minute read
December 05, 2012 | FC&S Insurance

Federal Court Remands Coverage Case to State Court – and Orders Insurer to Pay Insured’s Costs and Attorney’s Fees

A rather typical insurance coverage lawsuit filed in state court that was removed by one of the insurer defendants to federal court has led to a somewhat…
2 minute read
December 05, 2012 | FC&S Insurance

Acknowledgement of Full Satisfaction of Judgment Dooms Insured’s Request for Additional Attorney’s Fees

Nearly three decades ago, in Brandt v. Superior Court (1985) 37 Cal.3d 813, the California Supreme Court held that an insured’s reasonable attorney’s…
3 minute read
December 05, 2012 | FC&S Insurance

Life Insurance Policy Was Never Reinstated Where Underwriting Process Was Not Completed, Court Rules

A decision by a federal district court in Colorado illustrates the importance of policyholders ensuring that their premium payments are made and received…
5 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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December 05, 2012 | FC&S Insurance

Post-Sandy Insurance Coverage Litigation Forecast: A Lot of It

There is going to be “a lot” of litigation between insurance carriers and policyholders involved in post-Superstorm Sandy disputes, a lawyer…
1 minute read
December 05, 2012 | FC&S Insurance

Keane Insurance Announces Tax-Free $1 Million Disability Insurance Benefit

The Keane Insurance Group, Inc., has announced a new $1 million disability benefit plan to provide additional protection for its medical liability insurance…
2 minute read
December 05, 2012 | FC&S Insurance

AIG Names Kim Garland Chief Underwriting Officer for Global Consumer Insurance

American International Group, Inc., has announced that Kim Garland will join AIG Property Casualty as Chief Underwriting Officer for Global Consumer Insurance,…
2 minute read
December 05, 2012 | FC&S Insurance

Deanne Johnson de Mariño is New Executive Director of American Bankers Insurance Association

Deanne Johnson de Mariño has been named executive director of the American Bankers Insurance Association, the separately chartered insurance subsidiary…
2 minute read
December 05, 2012 | FC&S Insurance

HSBC Sells Ping An Insurance of China for $9.385 Billion

HSBC Insurance Holdings Limited (“HSBC Insurance”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC Asia Pacific”),…
2 minute read

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