War exclusion, contingent provision saves insurers from $127mn in claims
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War exclusion, contingent provision saves insurers from $127mn in claims

A California ruling could set an important precedent as other courts consider similar cases.

By Clark Mindock
December 20, 2024
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aviation cloud airplane IIUS new 2024.jpg

A group of aviation insurers has dodged responsibility to pay claims related to three commercial airliners worth approximately $127mn that have been stuck in Russia since its invasion of Ukraine.

California

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