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Greg Land covers topics including verdicts and settlements and insurance-related litigation for the Daily Report in Atlanta.
Geico's lawyer pushed back against the default judgment, arguing that the insurer had no knowledge of the case.
The lawyer was accused of hijacking a $3.1 million settlement meant for a policyholder, from which more than $500K was siphoned before the scam unfolded.
A recent slew of multimillion-dollar "nuclear verdicts" has raised a red flag among the defense bar.
The Hartford asked a federal judge to declare that it has no duty to defend a civil suit brought by a mother and young victim.
Multidistrict litigation accused State Farm and other insurers of conspiring to drive down prices they pay for repairs.
Although there are three layers of insurance coverage, 'there's still not enough to cover $140 million.'
A plaintiff's actuary has said the case could expose American Family to as much as $1 billion in liability.
People injured when a driver suffered a stroke and crashed were not covered because the vehicle was used for hire.
Major increases in homeowner, automobile and most other types of insurance disputes filed in federal court.
The decision turned on whether the court had the jurisdiction to hold a group of foreign-based reinsurers liable for a $26 million arbitration award.