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Scott Mackie reports to property treaty SVP Richard Mairano.
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William Steinberg was senior vice president and commercial property head at the AIG unit.
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Allianz, Chubb and WRB are among the carriers that oppose the centralisation of BI claims.
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A bill circulating in Congress would make the industry retain the first $250mn of pandemic risk, a proposal that has split industry opinion.
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Strikes, riots and civil commotion wordings in US property policies leave both the US and London markets open to potentially significant losses.
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The move is the latest among large private equity houses to consolidate programmes and leverage buying power.
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Iconic billboards will go blank briefly at 21:00 on Wednesday to focus on the issue of coronavirus-related insurance claims. -
The measure is supported by over 30 companies and trade organisations from across different sectors.
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The case follows lawsuits lodged earlier this month against Travelers by the firm.
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The findings come as P&C carriers attempt to quantify the likely cost of coronavirus.
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The carrier will have to compensate a Parisian restaurateur for two months’ lost earnings.
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The lawsuit builds on prior findings by the state’s Supreme Court that coronavirus is a natural disaster.
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