Thu.Jul 11, 2024

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AAA Introduces APIs for Case Administration; Partners with LexPipe to Help Firms with Free API Installation

Law Sites

The American Arbitration Association today announced the launch of a set of application programming interfaces (APIs) designed to enable parties with multiple arbitration cases to streamline their case administration. The APIs will allow parties to send and receive documents, file new cases, and track case-related activities.

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5 Tips to Make Time Entry Less Painful for Lawyers

Attorney at Work

Streamline your time-entry process and you will stop losing money. Here's how. The post 5 Tips to Make Time Entry Less Painful for Lawyers appeared first on Articles, Tips and Tech for Law Firms and Lawyers.

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Vidal Addresses USPTO’s ‘Inherited Backlog’, Which May Be at an All-Time High for Patents

IP Watchdog

U.S. Patent and Trademark Office (USPTO) Director Kathi Vidal published a Director’s blog post today addressing the Office’s current backlog of patent and trademark applications, which the latest USPTO data shows to be 785,387 unexamined applications/ 25.6 months total pendency for patents and 14.5 months total pendency for trademarks. Vidal said in her blog post that “unpredictable macro effects, including a pandemic that had an outsized impact on our application inventories, have created an ‘i

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Woman Used Photos from Another Person in State Farm Claim, NCDOI Says

Insurance Journal

North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to defraud a State Farm insurance company of more than $195,000.

Insurance 110
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Visibility Into the Strategy & Supporting Documents of Major US Law Firms

Law Firm Intelligence by Trellis aggregates state trial court data across the Trellis platform enabling users to: look up a particular metric related to a specific law firm (such as, how many cases a law firm had or has against another law firm), and see the actual dockets and documents supporting the metric. Trellis data is maximized in a revolutionary and unique way to provide users an exclusive look into a law firm litigating in state trial courts.

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Reconsidering the Right of Publicity in the World of Generative AI

IP Watchdog

Bette Midler. Vanna White. Marylin Monroe. Each of these women has undoubtedly shaped pop culture in some meaningful way. Perhaps what is lesser known is that litigation surrounding each of these women has shaped the legal world's understanding of an individual's right to publicity. Many states still do not formally recognize a right to publicity, while other states that do recognize such a right are not uniform.

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Heffernan Acquires Costello Insurance Associates in Arizona

Insurance Journal

Heffernan Insurance Brokers acquired Costello Insurance Associates in Tempe, Arizona. Pat Costello and his team of five employees will continue to service their new and existing customers Costello services clients throughout the U.S.

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No Shops, No Gas: Large Swaths of Houston Are Still in the Dark

Insurance Journal

Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights.

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Prudential Financial’s Data Breach Impact Soars to Over 2.5 Million Customers

Complex Discovery

Editor’s Note: Prudential Financial has drastically revised the scope of a recent data breach, with the number of affected customers ballooning from an initial 36,545 to over 2.5 million. This incident underscores the critical importance of robust cybersecurity measures for financial services and has raised significant concerns among cybersecurity, information governance, and eDiscovery professionals.

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Insurers Entitled to Second Injury Fund Payments Even If No Longer Writing in State

Insurance Journal

A workers’ compensation insurer is entitled to continue to receive reimbursements from the Massachusetts second injury fund even after it stops writing business in the state, the state’s high court has ruled in an opinion reversing itself on the issue.

Insurance 110
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BRYTER launches AI Agents with major brand backing

Legal IT Insider

BRYTER, the no-code platform for law firms and in-house legal departments, today (11 July) officially launches a new product-suite: AI Agents, which help legal teams to automate repetitive tasks such […] The post BRYTER launches AI Agents with major brand backing appeared first on Legal IT Insider.

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Stay On Top of Newly Filed State & Federal Litigation: Curated Just for You!

With Daily Filings Report by Trellis you will receive an email and csv file daily with all new cases filed in the jurisdictions you're tracking. Each new case will include all case metadata like judge, parties, counsel, practice area, and even direct links to the full docket and complaint. Trellis Daily Filings Reports provide direct access to newly filed state and federal litigation curated just for you.

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California Insurance Commissioner Orders Insurance Preserved for 46K Residents Following Fire

Insurance Journal

California Insurance Commissioner Ricardo Lara today ordered insurers to preserve residential property insurance coverage for roughly 46,000 policyholders affected by the Thompson Fire in Butte County. The move follows an emergency declaration over the fire from Gov.

Insurance 106
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THE CLAIMANT HAD NOT SERVED THE CLAIM FORM PROPERLY: ORDER FOR SERVICE BY ALTERNATIVE MEANS WAS NOT EFFECTIVE WHEN THE DEFENDANT WAS RESIDENT ABROAD

Civil Litigation Brief

In Broom v Aguilar [2024] EWHC 1764 (Ch) HHJ Paul Matthews (sitting as a High Court Judge) decided that a claim form had not been properly served when it was served at a time that the defendant was living abroad.

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New Captive Insurer Targets New York Affordable Housing Market

Insurance Journal

A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co.

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76% of SaaS companies use ‘dark patterns,’ analysis finds

Legal Dive

With federal regulators and states clamping down on the practice, companies might take a hard look at how they’re presenting information on their websites and in their apps.

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Iowa Woman Sentenced for Pet Insurance Fraud

Insurance Journal

An Iowa woman was sentenced on July 2, 2024 after pleading guilty to Tampering With Records (Aggravated Misdemeanor) following an investigation by the Iowa Insurance Division’s Fraud Bureau.

Insurance 105
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Archegos founder found guilty of fraud, market manipulation

Legal Dive

Bill Hwang was found guilty of 10 out of 11 criminal counts, while former CFO Patrick Halligan was found guilty of all three counts he faced, including fraud and racketeering.

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Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC

Insurance Journal

Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC) said on Thursday. About 1.

Insurance 105
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$20M and Still Going: Is Partner Pay a Bubble? | The American Lawyer

Securities Docket

“It’s not like the tulip bubble or the tech bubble,” said Alisa Levin, co-founder of the legal search firm Greene-Levin-Snyder, adding that it could slow or stall but “I don’t think it’s going to burst.” Not long ago, $10 million annually was an astronomical sum for even the highest-profile lateral partners. More recently, $20 million—once “unheard of”—seemed to be the standard of top partner pay at the most elite firms.

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SageSure Secures $60M Cat Bond Ahead of Busy Hurricane Season

Insurance Journal

SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …

Insurance 105
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What’s Past is Prologue: Enforcing the Federal Securities Laws in the Age of Crypto

Securities Docket

In short, my tenure as Director has coincided with extreme volatility and investor risk in the crypto markets. This has been vividly demonstrated by the dramatic increase in the number of complaints about crypto that investors submitted to the SEC’s Office of Investor Education and Advocacy (“OIEA”), from 820 in fiscal year 2019, the first year that OIEA’s annual list of Top Ten Categories of Complaints included crypto, to 5,357 in fiscal year 2023.

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Wildfire Risk Rises as Western States Dry Out Amid Ongoing Heat Wave

Insurance Journal

Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. again Thursday.

Insurance 105
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SEC’s ‘Swiss Army’ Accounting Law Tested by Cyber Breach Charges

Securities Docket

R.R. Donnelley & Sons Co. agreed last month to pay $2.1 million to settle Securities and Exchange Commission charges that the marketing and printing company violated disclosure and internal accounting control rules stemming from a 2021 cybersecurity breach. The settlement, which comes amid heightened SEC focus on cybersecurity, represents a new—and expansive—take on the accounting control provisions.

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French Shipping Company CMA CGM Loses 44 Containers in Tough Weather

Insurance Journal

French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday.

Insurance 105
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US appeals court rejects lenient test for asset freezes in SEC enforcement actions | Reuters

Securities Docket

A U.S. appeals court has just deepened a split among the federal circuits on the proper test for asset freezes in cases brought by the U.S. Securities and Exchange Commission. The Philadelphia-based 3rd U.S. Circuit Court of Appeals ruled on Tuesday that the SEC cannot sidestep the stringent, four-part test for obtaining a preliminary injunction when it seeks to freeze the assets of a defendant in an enforcement action.

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Regulators Fine Citi $136M for Failing to Fix Longstanding Data Issues

Insurance Journal

U.S. bank regulators fined Citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required the bank to demonstrate it was putting enough resources toward those efforts.

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Assistant U.S. Attorney Returns to Boies Schiller Flexner as Partner

Securities Docket

Boies Schiller Flexner LLP announced today that Dan Boyle has joined the firm as a partner in its Los Angeles office, marking his return to private practice after spending over five years as an Assistant U.S. Attorney in the Central District of California. Previously an associate in the firm’s New York office, Boyle will work on matters involving high-level white collar investigations, foreign corruption, and asset tracing and forfeiture.

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NRA’s Ex-CFO Agrees to Nonprofit Ban; Avoids Second Trial; Still Owes $2 Million

Insurance Journal

The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday.

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Citi to pay $135.6M in new penalties over 2020 orders

Legal Dive

The bank has made insufficient progress toward resolving nagging data quality, risk management and internal control issues, the OCC and Federal Reserve said.

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Favre Wants Appeals Court to Reinstate Defamation Suit vs. Shannon Sharpe

Insurance Journal

NEW ORLEANS (AP) — Lawyers for retired NFL quarterback Brett Favre asked a federal appeals court Tuesday to revive a defamation lawsuit Favre filed against a fellow Pro Football Hall of Fame member, former tight end Shannon Sharpe, amid the …

Insurance 104
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Tractor Supply may have thought it solved a big problem. Now it has a few more.

Legal Dive

The retailer retreated from its diversity and climate goals after an “anti-woke” protest on social media — and ignited a backlash.

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Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years

Insurance Journal

UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years.

Insurance 104
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StructureFlow hires Chloe Doyle as senior account manager amid raft of new arrivals

Legal IT Insider

StructureFlow has hired Chloe Doyle as a UK-based senior account manager as it grows its senior leadership team around a $6m Series A announced in May, we can reveal. Doyle […] The post StructureFlow hires Chloe Doyle as senior account manager amid raft of new arrivals appeared first on Legal IT Insider.

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People: Stacks Brokerage in Florida Names Bordman Commercial President

Insurance Journal

Stacks Insurance Brokerage in Lighthouse Point, Florida, has named Kenny Bordman partner and president of commercial insurance. Bordman has more than a decade in commercial insurance, preceded by years in the U.S.

Precedent 104
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Archegos Founder Bill Hwang Found Guilty on 10 Charges – The New York Times

Securities Docket

A jury in federal court in Manhattan on Wednesday found the investor Bill Hwang guilty on charges arising from the collapse of Archegos Capital Management, which led to roughly $10 billion in losses for a handful of big Wall Street banks. The 12-person jury deliberated for nearly two days after a two-month trial that featured testimony from 21 prosecution witnesses.

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Texas Tank Cleaning Company Faces $800K Fine After Worker’s Fatal Injury

Insurance Journal

A La Porte, Texas tank cleaning company faces over $800,000 in fines after the company allegedly disregarded federal safety standards that may have protected their employees from hazardous working conditions and prevented another employee from suffering a fatal injury.

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