Legal
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The Court of Appeal ruled that ‘at the premises’ wordings provide coverage for Covid-19 losses.
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James River will also oppose a Fleming motion to uncover additional documents.
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The judge relied heavily on a previous UK court decision.
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NatGen allegedly collected $500mn associated with the fraud.
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Beazley has two days to amend its complaint, correcting jurisdictional deficiencies.
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The Bermuda courts will assess Onex’s lower, revised offer for the fronting unit.
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MGAs are looking hard at capacity arrangements for fear of regulatory action.
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Crystal Palace, Aston Villa, Brighton & Hove Albion and West Ham have reached a settlement.
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The funding practice has led to a dramatic increase in claims amount, which in turn pushes up rates.
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BOC is believed to be the first lessor to publicly disclose a settlement with its (re)insurers.
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Insurers claim that damage from the “detonation of an explosive” is also excluded.
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