Insurance Antitrust Legal News - July 2013 • Volume 2, Number 4

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In This Issue:

- CONNECTICUT AUTO BODY SHOPS AWARDED MILLIONS IN CONNECTICUT UNFAIR TRADE PRACTICES ACT CLASS ACTION AGAINST THE HARTFORD:

In a closely-watched Connecticut state court action that has dragged on for almost ten years, on June 5, Waterbury Superior Court Judge Alfred Jennings ordered The Hartford to pay $20 million in punitive damages to a class of auto body shops, finding that the insurer had “knowinglyand purposefully” violated the Connecticut Unfair Trade Practices Act...

- CALIFORNIA SUPREME COURT TO DECIDE WHETHER INSURERS ARE SUBJECT TO THE CALIFORNIA UNFAIR COMPETITION LAW:

In early May, the California Supreme Court heard oral argument in Zhang v. Superior Court. The case will likely resolve a significant issue for insurers doing business in California – are they potentially subject to a private action under the California Unfair Competition law (Cal. Bus. & Prof. Code §17200) for conduct that violates California’s Unfair Insurance Practices Act (Cal. Ins. Code §790 et seq.)...

- HEALTH INSURERS IN RHODE ISLAND AND WESTERN NEW YORK SUED BY PROVIDERS FOR ALLEGED ANTITRUST VIOLATIONS:

In the last two months, two new antitrust actions have been filed against health insurers that raise interesting issues about an insurer’s obligation to contract with a health care provider that it chooses not to deal with, and whether a refusal to do so can give rise to antitrust liability...

- ITALIAN AUTO INSURERS BEING INVESTIGATED FOR POTENTIAL ANTITRUST VIOLATIONS:

On June 12, the Italian Antitrust Authority announced that it was commencing an investigation into possible price fixing conduct by a collection of Italian auto insurers...

Please see full newsletter below for more information.

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Published In: Antitrust & Trade Regulation Updates, General Business Updates, Health Updates, Insurance Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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