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The suit named sellers David King, Robert Lefebvre, Creative Insurance Managers and Contractor Resource Solutions, who owned 37.6% of High Point.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The decision finalizes a tentative settlement that was reached last month between several parties and prevents the claims from going to trial.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Louisiana appeals court decision that allows property damage claim for Covid shutdowns is contrary to every other appellate ruling on the issue.
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In a 3-2 split decision issued last week, Louisiana’s Fourth Circuit Court of Appeal ruled that the policy language is “ambiguous”.
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The complaint names surety executives John Thomas, Andrew Bennett and Jennifer Boyers Gullett as defendants.
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The parties did not disclose whether any money changed hands to settle the legal proceedings.
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Greenberg said Chubb will not set a net-zero timeframe until the carrier finds out how to monitor the reduction of carbon footprint in its underwriting portfolio.
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The case is linked to losses associated with asbestos-related injuries and claims filed over two decades ago in Montana.
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The defendants denied the accusations of misappropriation of trade secrets and confidential information by BHSI.
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The contractors’ association argued the law would prevent contractors who hold AoBs from recovering their attorneys’ fees if they prevail in a lawsuit against an insurance company.