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Aggregate settlements during 2021 amounted to $1.8bn, falling 18.2% from the $2.2bn aggregate amount in 2020, Nera data showed. -
The carrier seeks to recover 14,217 shares valued at $473,620.40 from Stanley, in addition to the dividends the executive earned on the stock.
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The brokers will have until early 2023 to settle the case via private mediation or the case will move forward to a jury trial that could last between seven and 10 days.
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The OSHA regulation requiring employees at large businesses to get Covid vaccine was thrown out, but justices allowed the healthcare worker mandate to stand.
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Justices appear to lean toward overturning OSHA rule requiring jabs for 100 workers or more; medical mandate also in play.
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Almost 130 insurers claim that the defendants failed to prepare for the power loss that caused “significant property damage” to carriers and policy holders.
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A judge for the Miami-Dade County Court has ordered Aon and individual defendants in the Miami facultative team poaching case to avoid doing reinsurance brokerage business with the defendants’ former Willis Towers Watson clients.
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The parties filed a dismissal stipulation with prejudice, meaning that neither Sompo nor Endurance will be able to sue Westfield in any other US court over the same allegations.
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Since the motion was filed without prejudice, the giant broker left the door open to refile the same claim in the Miami Dade courthouse.
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Upon the agreement’s approval and payment, Century Indemnity Company and other Chubb units will obtain a broad release from BSA-related abuse claims.
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Westfield must file its new motion before December 14 and Sompo has until January 7 to file a memorandum in opposition, Judge Schofield ruled.
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Think tank R Street says defense attorneys are “on the back foot” in opposing plaintiff bar’s tactics court awards.
