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The company filed for bankruptcy after a fire tore through a Philadelphia refinery on 21 June.
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Companies including Lloyd’s underwriters, Sompo Holdings, Berkshire Hathaway filed a lawsuit accusing primary insurers demanding “unreasonable allocation”.
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More than 20 other carriers are still pursuing the case, including Markel, Chubb and Munich Re. -
A New York federal judge said "it's not enough" for investors "to prove an opinion is wrong".
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The proposal would provide less than half of what insurers are seeking.
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A shareholder’s lawsuit claims AmTrust purposely misled shareholders about the delisting to secure support for a buyout deal.
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Hawaii homeowners affected by lava exclusions say they should not be included in a $22mn subscription market class action settlement.
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The decision, made by a US bankruptcy judge, sent PG&E shares plummeting by as much as 30 percent on Monday.
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The New York State court system has designated 45 judges to deal with a deluge of lawsuits expected to be filed as the law takes effect.
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The insurer says it shouldn’t have to cover the university’s settlement because the policy contained an abuse and molestation exclusion.
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A fault on the title real estate insurer’s website left 885 million records exposed.
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The judge commented on an alleged plan by three former Guy Carpenter executives to raid their former employer after leaving for Lockton.
