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The chief claims officer says insurers are "almost routinely" facing demands to pay out casualty claims that hit policy limits.
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Willis Re executives said Aon takeover was "was not good for clients".
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The $7.5bn bid requires more certainty of value and a higher cash consideration, according to CoreLogic's CEO. -
The payment last month brings to end 15 lawsuits against the broker over the collapse of the financial group in 2009.
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The broker says it has already seen a number of whistleblower and retaliation lawsuits filed against employers.
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Get in the queue very early, David Sampson said, while also encouraging insureds to turn off water feeds to stop leaks.
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The decision contrasts with a ruling against the industry in the Henderson Road case last month.
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The new law allows the state’s attorney general to fine companies $7,500 per consumer for each breach.
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The note is included as an exhibit in a recent BI claim filed against the carrier.
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The trade body says the proposed legislation would drive up the cost of insurance and litigation in the state.
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The carrier’s CEO says the pace of new lawsuits against the carrier is now largely in line with its peers.
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The firm seeks to partially claw back losses from the cancellation of 15 million event tickets and the postponement of ~6,000 shows.
