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Texas Lawyer

Houston Bankruptcy Court OKs $52M Insurance Settlement for Industrial Explosion Victims

The related cases are In re: Watson Grinding & Manufacturing Co. and In re: Watson Valve Services Inc. in the United States Bankruptcy Court for the Southern District of Texas Houston Division.
2 minute read

Law.com

Judge: Insurer Must Defend, Indemnify Contractor Accused of Negligence in Building Collapse

"The underlying complaint alleges that as a result of Dello Russo's faulty workmanship during renovations, the building partially collapsed, requiring the demolition of the remaining structure. In other words, the underlying complaint alleges that Dello Russo's negligence caused an accident. Accordingly, the claims against Dello Russo allege 'property damage' caused by an 'occurrence,'" the court said.
5 minute read

Daily Business Review

This South Florida-Based Midsize Law Firm Is Expecting Another Banner Year, Fueled By Hurricane Ian Claims

Kanner & Pintaluga, which represents accident and property damage victims, boosted revenue by $20 million to hit $120 million in 2022. With a swelling caseload from the September storm, leaders are projecting that figure will grow to $132 million this year.
4 minute read

Law.com

New Mexico Jury Returns $52M Punitive Damages Verdict in Insurance Bad Faith Suit

A New Mexico jury hit Public Underwriters Liability Insurance Company with $52 million in punitive damages, finding the insurer violated the Unfair Practices Act in an insurance bad faith case after a decade of litigation.
4 minute read

New York Law Journal

A Review of Cyber Coverage Decisions From 2022: A Policyholder's Perspective

The article summarizes the key cyber coverage decisions of 2022—and from a policyholder's viewpoint, the good, the bad, and the in-between.
9 minute read

Daily Business Review

Attorneys Obtain $5M Settlement, Nearly Double Defendant's Policy Limit

"Pushing the case aggressively and moving it forward to take these depositions and to get our clients the answers that they deserve—that is what led us to the settlement," said Michael E. Levine, a partner at Stewart Tilghman Fox Bianchi & Cain.
3 minute read

Texas Lawyer

Texas Supreme Court Denies ER Doctors' Direct Suits Against Insurers

To reach its conclusion, the Supreme Court relied primarily on Brown v. De La Cruz, (Texas 2004)--"existence of a private cause of action must be clearly implied in the statutory text."
5 minute read

Daily Business Review

MSP Recovery Dodged Ruling on What Attorneys Called Its Go-To Litigation Tactic

"Litigation should work as follows: sue first, discover second. MSP has a business model of discover first, sue second. That business model is no longer tenable in Florida," William Large, president of the Florida Justice Reform Institute, argued.
5 minute read

Daily Business Review

'Reign In' Attorney Fees for Plaintiff Lawyers? Or Unnecessary Lawsuit?

"This case is emblematic of the prevailing sentiment to rein in attorney fee awards for plaintiff's counsel in insurance coverage cases in Florida," Miami lawyer Brett Schatz said.
4 minute read

Daily Business Review

South Florida Attorneys Turn $500K Insurance Settlement Into $9M Payout

The case is a cautionary tale for insurance companies refusing to tender policy limits in a timely manner, the plaintiff's counsel suggested.
4 minute read

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