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U.S. Supreme Court holds that plaintiffs may not circumvent CAFA’s clear purpose by creative pleading

Winston & Strawn LLP
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USA
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March 21 2013

Earlier this week, the U.S. Supreme Court issued a significant decision that signals that the Class Action Fairness Act ("CAFA") should be given its

Insurance company need not defend accountant who lost sensitive client information

Winston & Strawn LLP
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USA
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January 30 2013

The U.S. Court of Appeals for the Seventh recently ruled that Nationwide Insurance Co. has no duty to defend or indemnify an accountant who lost

SLUSA doesn't preclude variable annuitants' breach of contract claims

Winston & Strawn LLP
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USA
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January 7 2013

On January 2nd, the Ninth Circuit partially reinstated contract claims asserted by purchasers of variable universal life insurance policies

Dispute concerning annuitants' rights belongs in federal court

Winston & Strawn LLP
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USA
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December 3 2012

On November 28th, the Seventh Circuit vacated a district court order remanding to state court a dispute between annuitants and a mutual insurance company

While homeowners' policy covered Ponzi scheme losses, homeowners didn't suffer any losses

Winston & Strawn LLP
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USA
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August 20 2012

On August 15th, the Second Circuit affirmed the dismissal of claims asserted by victims of Bernie Madoff's Ponzi scheme against their homeowner's insurance policy which included a "Fraud Safeguard" endorsement

Pragmatism overrides strict interpretations

Winston & Strawn LLP
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USA
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August 20 2012

On August 13th, the Second Circuit vacated and remanded the district court's order denying a motion to certify a settlement class

Registered rep's theft of customer funds was a covered loss

Winston & Strawn LLP
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USA
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August 7 2012

On August 1st, the Sixth Circuit affirmed the district court's liability determination in an insurance coverage dispute

Homeowner's insurance does not cover Ponzi scheme losses

Winston & Strawn LLP
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USA
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February 21 2012

On February 16th, the Second Circuit held that a homeowner's insurance policy does not cover losses suffered in a Ponzi scheme

Disgorgement is not an insurable loss

Winston & Strawn LLP
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USA
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January 3 2012

On December 13th, a New York Appellate Court held that the payment of disgorgement to settle SEC charges is not an insurable loss

Wellpoint settles with Indiana over delayed breach notification

Winston & Strawn LLP
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USA
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September 28 2011

WellPoint, a health insurance company, and the Indiana attorney general’s office recently settled a lawsuit over a breach in an online application tracker website operated by WellPoint and its affiliates

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