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The company settled 364 claims related to vehicle theft reporting, resolving over 95% of its pending theft reporting claims. -
The state’s lawmakers will meet on December 12-16 to address the challenges facing its troubled property insurance market.
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Employers this year have grappled with landmark decisions from the Supreme Court and the passage of significant employment laws, the broker said.
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The lessor is looking to recoup $750mn from its war insurers or over $875mn from its all-risk insurers, in the event that its war claim fails.
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The amount Aircastle is looking for in the suit is, however, lower than the $350mn insurance claim that for equipment stranded in Russia.
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The Q3 settlement gain of $35mn net of litigation costs and taxes will be recognized in Q4, SEC filings show.
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The US DoJ is seeking information related to Gallagher's insurance business with public entities in Ecuador.
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The insurer expects to pay the remaining $600mn liability within the next 12 months.
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The brokers asked the judge in the case for a 30-day extension to finalize settlement terms in Aon’s suit against WTW.
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The Massachusetts Bay Transportation Authority claims the firms failed to act over the bankruptcy of LMH-Lane Cabot Yard Joint Venture.
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Argo Group has been sued by investors, who claim the company has engaged in inadequate underwriting and misrepresentation of facts which resulted in a 60% drop in the specialty carrier’s common stock value this year.
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A study by the (re)insurer has found that pandemic-induced state court backlogs could take between 1.5 and three years, depending on how fast pending cases are cleared.
