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Within the 10 sectors the commercial insurer analyzed for the report, Chubb said “the continuing trend toward nuclear verdicts looms large”. -
A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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Inside P&C’s news team runs you through the key developments from the week.
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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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Defendants claim that WTW’s complaint “improperly seeks to transform a simple contract dispute with certain former employees into a series of tort claims”.
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Third-party litigation financing impact on social inflation difficult to measure but hard to deny.
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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 firm says that, without change, firms will be downgraded in the coming weeks.
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Courts in Bermuda and the US approved the move, which had earlier been subject to investor litigation.
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Colombian authorities said that Carpenter Marsh collaborated throughout the investigation and received a 50% discount on the fine.
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The $5.5bn figure is approximately 97% of the total amount of all non-tax cash distributions that Purdue made to the Sacklers since January 1, 2008.
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The start-up said its survey shows that SPAC and de-SPAC claims would drive increasing litigation throughout 2022.
