Fri.Jun 13, 2025

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Regulators Are Harming UK as a Financial Center, Lords Warn

Insurance Journal

A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found.

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Forensic Engineering Expert Witness Case Study

Expert Witness Blog

In the case of SFR Services, LLC v. American Coastal Insurance Company , No. 2:22-cv-505 (M.D. Fla. Feb. 7, 2025), the testimony of a Forensic Engineering Expert Witness played a pivotal role in determining the cause and extent of property damage following Hurricane Irma. The case illustrates how expert analysis, even when based on virtual inspection, can meet legal standards of admissibility under federal law.

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New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage

Insurance Journal

Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies.

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7 Contract Optimization Tips for High-Volume, Low-Value Contracts

Percipient

Low-value contracts might seem harmless, but when they come in by the dozens (or hundreds), they quickly become a burden. Reviews slow down, approvals stack up, and legal teams end up buried in paperwork that rarely needs deep review. The issue isn’t complexity. It’s scale. And if you’re wondering just how common this is, here’s a number worth noting: Fortune 2000 companies manage between 20,000 and 40,000 active contracts at any given time.

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Prep with Purpose: How to Build Better Trial Binders

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

Get ready to master the art and science of trial preparation organization that top attorneys rely on in this exclusive webinar! Attorney and law professor, Joe Stephens, J.D., will walk through proven systems for creating comprehensive trial notebooks and binders that transform scattered case materials into a powerful command center. Learning Objectives: Strategic Organization 📊 Learn the essential sections every trial notebook needs and how to structure them for maximum clarity and acce

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European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

Insurance Journal

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance.

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BlackRock Has Built an AI Analyst, ‘Asimov,’ to Scour Filings

Securities Docket

BlackRock Inc. is planning for artificial intelligence to have a much bigger role in investing. The world’s largest asset manager has built an AI research platform dubbed “Asimov” and is using it now in the firm’s fundamental equity business, Chief Operating Officer Rob Goldstein said Thursday at the firm’s investor day in New York. “This is a virtual investment analyst,” Goldstein said.

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Ripple Could Receive $75M as Ripple, SEC File Join Motion to Release $125M Held in Escrow

Securities Docket

The SEC and Ripple have moved to close the chapter on one of crypto’s longest-running legal battles, jointly filing a motion in Manhattan federal court to dissolve the injunction in their case and release the $125 million civil penalty currently held in escrow. Under the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple.

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Jury Awards $500K to Exploited Guatemalan Laborers in Michigan

Insurance Journal

A jury has awarded more than $500,000 to five men from Guatemala who said they were exploited and underpaid by a labor contractor that brought them to Michigan to plant and harvest fruit and vegetables.

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INDEMNITY COSTS ORDERED AGAINST SOME (BUT NOT ALL) CLAIMANTS: A NUANCED HIGH COURT DECISION

Civil Litigation Brief

We are returning to the same case as the previous post but looking at a different issue. The judge considered whether to make an order for indemnity costs against the claimants. The case is unusual in that such an award.

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People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

Insurance Journal

This edition of International People Moves details appointments at Beazley and QBE Insurance. A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of parametric insurance.

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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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THE COURT OF APPEAL DECISION ON THE LIABILITY OF CREDIT HIRE COMPANIES TO PAY COSTS: THE SPECIFIC CASES EXAMINED

Civil Litigation Brief

This is the second post about the Court of Appeal judgment today in relation to the liability of credit hire companies to pay costs. Here we look at the decisions made in relation to each of the two cases under.

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People Moves: Feller Joins Huntington Insurance as Employee Benefits Senior Managing Director

Insurance Journal

Huntington Insurance Inc., headquartered in Columbus, Ohio, named Zack Feller as employee benefits senior managing director. Feller joins Huntington from Keystone, where he most recently served as president of employee benefits.

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WILL A COSTS ORDER NORMALLY BE MADE AGAINST A CREDIT HIRE COMPANY? COURT OF APPEAL DECISION THIS MORNING

Civil Litigation Brief

This is the first of several points that will look in detail at the Court of Appeal decision today in relation to the liability of credit hire companies to pay costs. This first post outlines the main findings. Later posts.

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Greece, UK Urge Ships to Avoid Red Sea, Log Hormuz Voyages, Documents Show

Insurance Journal

Greece and Britain have advised their merchant shipping fleets to avoid sailing through the Gulf of Aden and to log all voyages through the Strait of Hormuz after Israel’s large-scale attacks on Iran on Friday, documents seen by Reuters showed.

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Fresh Out of School: How to Become an Expert Paralegal

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

The difference between a paralegal and an exceptional paralegal isn't just competence—it's the bold initiative to anticipate needs, master hidden firm dynamics, and transform challenges into opportunities that showcase your indispensable value. Join this webinar with attorney Joe Stephens to get an insider's perspective into how you can become a strategic asset to your practice!

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Walmart and Amazon Are Exploring Issuing Their Own Stablecoins – WSJ

Securities Docket

Some of the biggest merchants are exploring how to issue or use stablecoins, potentially shifting the high volumes of cash and card transactions that they handle outside the traditional financial system and saving them billions of dollars in fees. Walmart, Amazon.com and other multinational giants have recently explored whether to issue their own stablecoins in the U.S., according to people familiar with the matter.

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Search for Answers Begins in Air India Crash That Killed 241

Insurance Journal

Investigators are combing the wreckage of Air India flight AI171 to determine what caused the Boeing Co.

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Unanimous Supreme Court Ruling Allows Family To Once Again Bring Lawsuit Over Mistaken Raid

Practice of Law

When the U.S. Supreme Court (SCOTUS) has a difference of opinion between the justices, it tends to garner a good deal of attention. However, SCOTUS justices are in complete accord more often than many might think. Recently, they've delivered a handful of unanimous opinions. On June 12, 2025, all nine members of the Court were again in agreement as it ruled that lower courts had incorrectly tossed out a case brought by a family against the federal government.

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JetZero to Build $4.7B Next-Gen Plane Plant in NC With Up to 14,500 Jobs

Insurance Journal

JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade.

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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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AN IMPORTANT POINT ABOUT TRIAL BUNDLES: REDACTION SHOULD NOT NORMALLY TAKE PLACE: IT MAKES THE COURT’S JOB MORE DIFFICULT

Civil Litigation Brief

There is always room for another case about bundles on this site. It is a subject of endless fascination to most litigators, and endless frustration for many judges. Here we are looking at a case where the trial judge observed.

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Families of People Killed in Georgia Ferry Dock Collapse Sue Companies That Built it

Insurance Journal

Relatives of seven people who drowned in waters off a Georgia island after a ferry dock walkway collapsed announced Wednesday they filed a lawsuit against the companies that designed and built it.

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PREPARING A SCHEDULE AND PROVIDING EVIDENCE IN A FATAL CLAIM 2025: WEBINAR 18th JUNE 2025

Civil Litigation Brief

It is a difficult task to summarise the value of a life in one document. This is what happens when a schedule is drafted in a fatal claim. It is a task that has to be done carefully and with.

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‘I Got Up and Ran’: How One Man Survived Plane Crash That Killed 241

Insurance Journal

As Air India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class — headed for one of the most harrowing and luckiest moments of his life. After the Boeing Co.

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Smarter Patent Family Research: The Tools And Tactics You Need Now

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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WHEN QOCS DOES NOT APPLY TO THE WHOLE OF A CLAIM: WHAT PERECENTAGE SHOULD THE CLAIMANTS PAY: THE MATTER CONSIDERED IN THE HIGH COURT

Civil Litigation Brief

For the second time today we are looking at the rules relating to Qualified one way costs shifting (QOCS) and its exceptions. Here the defendant had spent £2 million successfully defending a claim, only part of that action was a.

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Tax Credit to Offset Insurance Deductibles Is Part of Missouri Legislative Package

Insurance Journal

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers on Wednesday approved hundreds of millions of dollars of financial aid to try to persuade the Kansas City Chiefs and Royals to remain in the state and help the St.

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Aspiring CPAs Consider Ditching Grad-School Plans as States Revamp Laws – WSJ

Securities Docket

Recent changes to CPA licensing laws in many U.S. states mean one thing for some prospective accountants: School’s out early. After a year of networking with graduate school representatives, Bryan Flannery, a rising senior at Otterbein University in Westerville, Ohio, was dead set on continuing his education. Now, he is considering skipping his plan to start applying to master’s programs after the state this year passed legislation allowing prospective CPAs to bypass a fifth year of school.

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Encryption, Privacy, and the Law: A Cross-Jurisdictional Standoff

Complex Discovery

Editor’s Note: In a bold defense of digital privacy, Apple’s legal standoff with the UK government, backed by WhatsApp, underscores a pivotal moment in the global debate over encryption, surveillance, and national security. This confrontation, sparked by the UK’s demand for backdoor access to encrypted iCloud data, highlights the mounting pressure on technology companies to reconcile user protections with governmental oversight.

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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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Other Barks & Bites for Friday, June 13: Acting Director Stewart Issues Decisions on Discretionary Denial; CAFC Affirms Denial of Subject Matter Jurisdiction in Mitek II; and House SST Committee Advances Emerging Tech Bills

IP Watchdog

This week in Other Barks & Bites: the Senate Judiciary Committee advances Trump nominee John Squires to serve as USPTO Director; the House Science, Space, and Technology Committee advances four bipartisan bills on emerging tech and emergency response; the Federal Circuit finds no abuse of discretion in the district court’s decision to decline exercise subject matter jurisdiction in Mitek’s second appeal of its non-infringement action; Meta will invest $14.3 billion into improving the qualit

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California, 10 Other States Sue to Block Trump From Killing 2035 EV Rules

Insurance Journal

A group of 11 states led by California on Thursday filed suit challenging a repeal by Congress of the state’s 2035 electric vehicle rules and heavy duty truck requirements. U.S.

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USPTO Hiring Freeze Ends, Patent Examiners Wanted

IP Watchdog

The USPTO receiving authority by the Trump Administration to hire was no easy lift. IPWatchdog has learned that the USPTO has been tirelessly working with the U.S. Office of Personnel Management (OPM) for 4+ months in an effort to convince OPM to give the USPTO a waiver that would allow the Office to once again start hiring examiners.

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The 118 Day “Pause” That Was – FCPA Professor

Securities Docket

When President Trump issued an Executive Order on February 10th titled ““Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National Security,” some people seemingly had a “come apart.” Those subject to the FCPA were all of a sudden going to go on a bribery binge. American global competitiveness and national security were going to be “hurt.

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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.