Mon.Feb 03, 2025

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City of London Hit Harder Than Rest of Economy Since Brexit Vote

Insurance Journal

The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum. Financial and insurance output has grown just 2.

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More Ways for the New Acting Director to Fix the USPTO Fast

IP Watchdog

I liked reading the always-excellent Rob Greenspoon's post about five (almost) instant fixes to the patent system. The next U.S. Patent and Trademark Office (USPTO) Director would do well to read that post. Intellectual property rights are greatly important to Americas economy, and an efficient and well-functioning USPTO is critical to ensuring that such rights are protected.

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Mangrove, Florida’s Newest Home Insurer, Receives Demotech Rating

Insurance Journal

Brand new Florida home insurer Mangrove Property Insurance Co. has received a Financial Stability Rating (FSR) of “A, Exceptional” from Demotech, Inc., a financial analysis firm that specializes in rating regional and specialty insurers.

Insurance 105
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CAFC Finds PTAB Improperly Analyzed Order of Claimed Steps in Upholding Validity

IP Watchdog

Today, the U.S. Court of Appeals for the Federal Circuit issued a brief ruling in Telit Cinterion Deutschland GmbH v. 3G Licensing S.A., largely affirming a final written decision by the Patent Trial and Appeal Board (PTAB) that nixed Telits validity challenge to substitute claims submitted during inter partes review (IPR) proceedings.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Property-Catastrophe Reinsurance Rates Will Stop Dropping Post-Wildfires: Execs

Insurance Journal

RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfiresand anticipates that industrywide impacts should halt the drop in property-catastrophe reinsurance prices observed at 1/1.

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Firing of EEOC commissioners may test 90-year-old SCOTUS ruling on presidential powers

Legal Dive

Legal experts predict litigation may lead to the overturning of a 1935 U.S. Supreme Court ruling that protects members of independent government boards from being removed by the president at will.

More Trending

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A SIMPLE SUMMARY OF TRIAL CONCEPTS

Plaintiff Trial Lawyer Tips

I was asked my ideas about trial advocacy. How did I view and approach trials was the question. Here was my very simple response to what is admittedly a complex question. Trial Approach. I have for many years stressed to trial lawyers the most important thing they must understand to be great advocates is: A trial is a battle of impression and not logic.

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State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires

Insurance Journal

State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners.

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Becoming a Better Orator in the Courtroom

Sound Jury Blog

Co-written by Jeffrey Jarman, Ph.D. In our two-plus decades of watching attorney presentations in the courtroom, the most consistent attorney trait we have observed is the stubborn insistence that the facts and substance are all that is needed to win the day, causing many attorneys (most often on the defense side of the case) to ignore the importance of oration and technique.

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Amid Clean up From LA Wildfires, Some Residents Furious Over Hazardous Waste

Insurance Journal

Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said.

Insurance 106
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The Tech-Savvy Paralegals Playbook: How To Leverage AI

Speaker: Allison Mears, Adela Wekselblatt, and George Socha

Artificial intelligence is reshaping the legal industry, and paralegals are at the forefront of this transformation. As AI becomes more integrated into legal workflows, paralegals can streamline their daily tasks, enhance efficiency, and add greater value to their firms and organizations. But what exactly does AI mean for paralegals today—and how can you leverage it to your advantage?

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COSTS BITES 214: LAWYERS DO YOU WANT TO WORK FOR NOTHING? THE DEFENDANTS’ DAMAGE BASED AGREEMENTS WERE NOT VALID AND COSTS WERE NOT RECOVERABLE UNDER A COSTS ORDER: WHY SOLICITORS NEED TO THINK ABOUT THEIR RETAINERS CAREFULLY

Civil Litigation Brief

If ever there was a case that highlighted the need for solicitors to consider the terms of the retainer with care, and know the law relating to Damages Based Agreements in detail, it is the judgment of Costs Judge Brown.

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Near-Misses at Washington Airport Worried Pilots Long Before Fatal Crash

Insurance Journal

U.S. commercial pilot Rick Redfern was preparing to land at Reagan Washington National Airport about a decade ago when he spotted a bright red Coast Guard helicopter hovering about 50 feet (15 m) above the Potomac River.

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Targeting Infrastructure: Ukraine Strikes Russia as Moscow Expands Its Offensive

Complex Discovery

Editor’s Note: This report provides a comprehensive analysis of the latest developments in the Russo-Ukrainian War as of early February 2025. Drawing from battlefield assessments by the Institute for the Study of War (ISW) , the report examines Russias escalating offensives across eastern Ukraine, Ukraines counterstrikes targeting Russian infrastructure, and the broader geopolitical implications of the conflict.

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The Hartford Sees Q4 Net Income Rise 11%, Strengthens GL Reserves

Insurance Journal

Net income at The Hartford increased 11% to $848 million in the fourth quarter 2024, driven by premium growth in commercial and personal lines. Net income attributable to shareholders went up 24% for the year to $3.1 billion.

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Uncovering The Hidden Connections: A Patent Family Survival Guide

Speaker: Andrew Klein

Are there mysteries lurking in your family tree? 🕵 No, not a long-lost half-brother - I'm talking about a patent family tree! IP paralegals need fast and easy ways to verify and report on essential data about foreign equivalents of US assets. Join us to master the global scope of key assets to support prosecution, portfolio management, litigation, licensing, competitive monitoring and more!

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ComplexDiscovery OÜ Launches Winter 2025 eDiscovery Pricing Survey, Exploring Generative AI’s Impact on Pricing Models

Complex Discovery

Editor’s Note: The Winter 2025 eDiscovery Pricing Survey marks the thirteenth edition of ComplexDiscovery Os ongoing effort to provide transparent, data-driven insights into eDiscovery costs. With the rise of Generative AI-assisted review , this survey explores new pricing models, offering benchmarks for legal, compliance, and technology professionals.

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New York Recovers $11 Million in Stolen Cars and Parts, Lost Titles

Insurance Journal

The New York State Department of Motor Vehicles said it helped consumers recover more than $11 million in stolen vehicles, stolen parts, services and lost titles, in 2024.

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Samsung Billionaire Cleared of All Charges in Big Legal Win

Securities Docket

Samsung Electronics Co. Executive Chairman Jay Y. Lee won a court decision clearing him of charges of fraud and stock-rigging, allowing the head of Koreas most influential firm to focus on turning around a struggling electronics business. The Seoul High Court on Monday upheld an earlier decision clearing Lee, which prosecutors appealed last November.

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North Carolina Officials Issue Urgent Plea for More Hurricane Recovery Funds

Insurance Journal

North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene as well as parts of eastern North Carolina still struggling from previous hurricanes told state lawmakers last week that they need more money.

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AI for Paralegals: Everything You Need to Know (and How to Use It Safely)

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Ready to cut through the AI hype and learn exactly how to use these tools in your legal work? Join this webinar to get practical guidance from attorney and AI legal expert, Joe Stephens, who understands what really matters for legal professionals! What You'll Learn: Evaluate AI Tools Like a Pro 🔍 Learn which tools are worth your time and how to spot potential security and ethics risks before they become problems.

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Fine Lessened but Man Must Still Pay Nearly $900K For Illicit Vistaprint Stock Trades

Securities Docket

F. Dennis Saylor IV, chief U.S. District Judge for the U.S. District Court of Massachusetts, ultimately ruled that the jurys findings were proper and in accordance with the law. Still, he reduced the civil penalty that Chen was originally ordered to pay to $892,827, which was the amount Chen allegedly gained through his shady trading. Chen had been on the hook for $1,785,654 his ill-begotten gains times two.

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Gallagher Bassett Buys London-Headquartered W K Webster & Co.

Insurance Journal

Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired W K Webster & Co Ltd. Terms of the transaction were not disclosed.

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SERVICE OF THE CLAIM FORM: THE CORRECT ADDRESS ON THE ENVELOPE AND THE “LAST KNOWN RESIDENCE” CONSIDERED BY THE HIGH COURT

Civil Litigation Brief

In Xenfin Fund 1 Trading Ltd v GFG Ltd & Ors [2025] EWHC 172 (Ch) Joanna Wicks KC (sitting as a Deputy High Court Judge) considered two issues relating to service of the claim form. Firstly whether a slightly wrong.

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Child Killed in Hyperbaric Chamber Explosion at Michigan Medical Facility

Insurance Journal

A pressurized oxygen chamber exploded Friday, killing a 5-year-old patient and injuring his mother at a suburban Detroit medical facility. The hyperbaric chamber explosion occurred about 8 a.m. at the Oxford Center in Troy, north of Detroit.

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The New Way of Conducting Patent Research: Proven Strategies For Efficient Due Diligence

Speaker: Andrew Klein and Jennifer Vandenplas

Patent due diligence processes take too long. The information you need is publicly available but accessing it is often tedious & inefficient, requiring you to wade through dozens of PTO websites or for-free tools to gather what you need. Plus, it frequently occurs late in the game, leaving professionals under pressure, sifting through chaotic 100-page PDFs, and frustrated with poorly formatted information & patent numbers.

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Weil Welcomes Former Senior SEC Enforcement Official Sanjay Wadhwa – Weil, Gotshal & Manges LLP

Securities Docket

International law firm Weil, Gotshal & Manges LLP announced today that former Acting Director of the U.S. Securities and Exchange Commissions Division of Enforcement Sanjay Wadhwahas joined the Firm as a partner in the Securities Litigation and White Collar Defense, Regulatory and Investigations practices, based in the New York office.

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Securities Class Actions Increase Again in 2024; AI-Related Filings Double

Insurance Journal

The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according to a new report released today by Cornerstone Research and the Stanford …

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Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk? – WSJ

Securities Docket

The Securities and Exchange Commission oversees both the accounting authorities at the Financial Accounting Standards Board and their auditing counterparts at the Public Company Accounting Oversight Board. But because of the way each is set up, the PCAOB is much more exposed to an overhaul as power changes hands in Washington. PCAOB leadership has been revamped by the past two presidential administrations, and the watchdog is bracing for another shake-up under President Trumpeven its potential e

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Minneapolis Pays $600K Settlement in Excessive Force Lawsuit with Ex-Officer Chauvin

Insurance Journal

The city of Minneapolis has agreed to pay $600,000 to settle a lawsuit by a woman who alleged that ex-Officer Derek Chauvin hauled her from her minivan and pinned her to the ground with his knee in January 2020, just …

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Trellis Launches Trellis AI to Streamline Trial Court Litigation

Trellis AI leverages the largest repository of state trial court data to help litigators evaluate cases, automate brief drafting, suggest winning strategies, and more. Key components: Draft Arguments — Uses similar/successful motions in the Trellis database to generate arguments/citations for your motions seeking dismissal, summary judgment, etc. Case Assessment — Predict the likely outcomes of a case at any stage to help you decide to accept it, guide motion practice, make settlement offers, an

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Exclusive | Texas Stock Exchange Startup Asks SEC to Clear 2026 Launch – WSJ

Securities Docket

The Texas Stock Exchange, or TXSE (pronounced tex-ee), has been courting investors and pitching its business for months, and asked the Securities and Exchange Commission on Friday to approve its creation. The group has raised $160 million, according to Chief Executive Officer James Lee, from the likes of the Wall Street heavyweights BlackRock, Citadel Securities and Charles Schwab.

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Australia Urges Residents in Northeast to Evacuate on Flood Risk

Insurance Journal

Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the risk of a flood disaster in the area.

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What Is OpenAI’s Powerful New Deep Research Tool Capable Of? I Use It to Analyze the Legality of President Trump’s Pause of Federal Grants

Law Sites

Over the weekend, OpenAI released Deep Research, an AI agent capable of completing multi-step research tasks and synthesizing large amounts of online information.

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New Jersey Man Sentenced for Heading Stolen Vehicles Conspiracy

Insurance Journal

A New Jersey man has been sentenced to 57 months in prison for his role in a conspiracy to receive, retitle, and “re-VIN” stolen vehicles. According to Acting U.S.

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Trial Prep: What Attorneys Really Want (And How to Deliver It)

Speaker: Joe Stephens, J.D., Attorney and Law Professor

Get ready to uncover what attorneys really need from you when it comes to trial prep in this new webinar! Attorney and law professor, Joe Stephens, J.D., will share proven techniques for anticipating attorney needs, organizing critical documents, and transforming complex information into compelling case presentations. Key Learning Objectives: Organization That Makes Sense 🎯 Learn how to structure and organize case materials in ways that align with how attorneys actually work and think.