http://insurance.law360.com/ The Newswire for Legal Professionals Copyright 2009 Portfolio Media, Inc. en-US http://insurance.law360.com/images/headings/logo.gif http://insurance.law360.com/ http://insurance.law360.com/articles/132836 Apartment Investment and Management Co. has asked a federal judge to compel arbitration and stay proceedings brought against it by St. Paul Fire & Marine Insurance Co., which is trying to avoid paying a $3.3 million indemnification bill AIMCO racked up in 21 lawsuits stemming from an alleged kickback and bribery scheme. http://insurance.law360.com/articles/132836 http://insurance.law360.com/articles/132809 Continental Casualty Co. has removed its dispute with San Francisco's rapid transit system to federal court in a controversy in which the two parties remain about $11 million apart in what they believe the insurers owe for coverage following an electrical disaster that shut down routes of the transit service for several days in May 2008. http://insurance.law360.com/articles/132809 http://insurance.law360.com/articles/132821 Oil field servicing company Key Energy Services Inc. is asking a federal judge for summary judgment to force Twin City Fire Insurance Co. to pay it about $914,000 to partially cover $21.9 million Key paid to settle two securities and shareholder lawsuits brought against it. http://insurance.law360.com/articles/132821 http://insurance.law360.com/articles/132819 Ruling that Old Republic National Title Insurance Co. failed to establish diversity jurisdiction in its suit accusing Bell Title Co. of breaching a policy issuance agreement, a federal judge has dismissed the case with leave to amend by Dec. 2. http://insurance.law360.com/articles/132819 http://insurance.law360.com/articles/132886 Citigroup Inc.'s life insurance subsidiary Primerica Inc. will make an initial public offering of 100 million shares of its stock, as part of the banking giant's continued efforts at selling units outside its primary business. http://insurance.law360.com/articles/132886 http://insurance.law360.com/articles/132713 A federal appeals court has vacated a judgment finding that General Star National Insurance Co. was bound by the terms of an excess insurance policy it had issued related to the settlement of a state court personal injury lawsuit. http://insurance.law360.com/articles/132713 http://insurance.law360.com/articles/131602 The health care bill proposed last month in the U.S. House of Representatives would give the Federal Trade Commission new authority to study competition in the health insurance industry — but antitrust attorneys say that won't necessarily lead to new regulations or tougher enforcement. http://insurance.law360.com/articles/131602 http://insurance.law360.com/articles/132560 Lincoln National Life Insurance Co. is fighting back against a bid by Transamerica Life Insurance Co. for relief and modification of the permanent injunction handed down this summer in a patent infringement case over a computerized method for providing retirement income benefits. http://insurance.law360.com/articles/132560 http://insurance.law360.com/articles/132578 A former client has hit Milberg LLP and three other firms with a proposed class action, alleging negligence by the firms led a securities class action to be decertified and judgment to be entered in favor of the defendant, an American International Group Inc. subsidiary. http://insurance.law360.com/articles/132578 http://insurance.law360.com/articles/132517 Former executives of bankrupt Thornburg Mortgage Inc. have sued XL Specialty Insurance Co. for allegedly breaching a policy agreement by failing to cover their defense costs in a case accusing them of improperly using Thornburg employees and resources to start a new company, SAF Financial Inc. http://insurance.law360.com/articles/132517 http://insurance.law360.com/articles/132569 Current and former city of Cincinnati employees who were members of Anthem Insurance Cos. Inc. have won class certification in a suit alleging that the mutual insurance company improperly handed their shares, worth about $55 million, to the city when the insurer demutualized. http://insurance.law360.com/articles/132569 http://insurance.law360.com/articles/132507 Plaintiffs who accused more than a dozen major title insurers of conspiring with a New Jersey rating bureau to fix prices have returned with a new complaint that aims to assuage previous doubts regarding the antitrust suit. http://insurance.law360.com/articles/132507 http://insurance.law360.com/articles/132241 Convenience store chain 7-Eleven Inc. has filed suit against American International Specialty Lines Insurance Co. for coverage under its pollution legal liability policy of a subrogation claim the insurer made against it for an investigation into a petroleum spill on land near property owned by 7-Eleven that AISLIC also insured. http://insurance.law360.com/articles/132241 http://insurance.law360.com/articles/132447 A circuit panel on Wednesday upheld a district court's decision to toss Liberty Mutual Insurance Co.'s allegations that two amendments to New York's workers' compensation law were unconstitutional, for which both courts declined to exercise federal jurisdiction. http://insurance.law360.com/articles/132447 http://insurance.law360.com/articles/132376 Montana’s highest court has come out in favor of a state law that lets insurers discontinue compensation payments to individuals left permanently disabled from a work-related injury by the time they are able to collect Social Security retirement benefits. http://insurance.law360.com/articles/132376 http://insurance.law360.com/articles/132420 The six biggest U.S. health insurers spend a much lower percentage of customer premiums on medical services than industry lobbyists estimated — amounting to billions of dollars in savings, according to a new investigation from a U.S. Senate committee. http://insurance.law360.com/articles/132420 http://insurance.law360.com/articles/132254 American Motorists Insurance Co. has voluntarily dropped a challenge to U.S. Customs and Boarder Protection's marking determinations for a half-dozen fruit juice imports, having received compensation for the entries' unpaid surety bonds from two importers. http://insurance.law360.com/articles/132254 http://insurance.law360.com/articles/132407 Democrats in the U.S. House of Representatives have unveiled amendments to a health care reform bill introduced in late October, providing $1 billion for states to fight price-gouging and expanding government oversight of insurance companies, among other changes. http://insurance.law360.com/articles/132407 http://insurance.law360.com/articles/131994 The plaintiffs and several defendants in derivative litigation over an alleged $2.2 billion stock options backdating scheme at semiconductor maker Broadcom Corp. have asked a federal judge for final approval of a partial settlement deal under which the company would collect $118 million from insurers. http://insurance.law360.com/articles/131994 http://insurance.law360.com/articles/132058 Dutch financial giant ING Group NV announced Tuesday it will sell three of its U.S. independent retail broker-dealer units to private equity firm Lightyear Capital LLC, just a week after revealing plans to split its banking and insurance divisions and divest all its insurance operations by 2013. http://insurance.law360.com/articles/132058