Aprilgrange, a subsidiary of US carrier Travelers, is being sued by a yacht owner for failing to pay out the full insured amount after the vessel was destroyed in a fire.
A revised $75mn settlement proposed by the National Collegiate Athletic Association (NCAA) to resolve concussion-related class action lawsuits has been heard in a US district court for the first time.
Reinsurance broker TigerRisk has confirmed the appointment of Tony Ursano as president, which was first revealed by The Insurance Insider yesterday (16 April).
Former MP Jonathan Evans has been appointed non-executive chairman of Allied World's Lloyd's managing agency, the specialty (re)insurer said earlier this week (14 April)
London-headquartered credit and political risk insurance broker Berry Palmer & Lyle (BPL Global) has appointed Peter Gilbert as chief executive of its Singapore subsidiary, the firm said today (14 April).