Legal

The rapper Kanye West is suing his contingency insurers, including Lancashire-owned Cathedral, for $10mn in a claims dispute

US healthcare diagnostic firm LabCorp has initiated legal action against AIG Specialty and Liberty Mutual after the insurers refused to pay out on a $10mn policy over the company's loss of a class action suit.

A cohort of hull underwriters led by Aspen have lost their appeal to sue the banker of Turkey-based Kairos Shipping in an English court to recoup a $22mn payment for a ship that was later judged to have been scuttled.

Alliant faces yet another accusation of poaching brokers, this time from Wells Fargo

Directors' and officers' (D&O) liability insurance rates fell again in the US during the first quarter, with Aon's quarterly price index tumbling to its lowest value in the 15 years since it was created

The London directors’ and officers’ (D&O) market is facing a claim of around $26mn following a settlement by Australian law firm Slater and Gordon with its shareholders.

Two reinsurer sidecar vehicles have not been renewed in 2017 as Scor and PartnerRe each decided they no longer needed retrocession cover in this format, sister publication Trading Risk revealed last week.

The mean cost of premiums for UK solicitors' professional indemnity (PI) cover dropped by 1.3 percent last year, according to The Law Society.

The London directors' and officers' (D&O) market is facing a claim of around $26mn following a settlement by Australian law firm Slater and Gordon with its shareholders.

Travelers has launched legal action against Singapore-based InsurTech start-up PolicyPal over the company's use of an umbrella for its logo, in at least the second such case brought by the US carrier this year.

The Alberta Motor Association is suing 16 reinsurers that it alleges are baulking at paying a C$165mn ($130mn) claim from its treaty provision dealing with forest fires

A majority of insurers on the $500mn limit primary layer of SBM Offshore's construction all risks policy have settled with the Dutch-based offshore energy specialist for $247mn after a long-running legal battle