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Burford’s CEO said Chubb is inappropriately using its corporate power.
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The settlement requires Dellwood’s Price to write an apology to Peter Zaffino.
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The two parties seek to delay a judge’s summary judgment order.
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Previous complaints alleged their involvement, but this is the first time a complaint has identified the alleged funders.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The reforms limit liability for some small businesses in the state.
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The suit names former Marsh execs Hanrahan and Andrews as defendants.
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The conference came at a particularly tumultuous time for the US insurance industry and the economy at large.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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The impact could also raise home-building costs by $10,000 per unit.
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The Lone Star State has seen rapidly increasing rates in recent years.