Legal
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Aggregation is the main issue in the landmark case brought against MS Amlin, Zurich and Liberty Mutual. -
The case is linked to losses associated with asbestos-related injuries and claims filed over two decades ago in Montana.
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Together with its parent company, Allianz Global Investors has agreed to pay more than $5bn in restitution to victims and $1bn to US authorities.
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The Supreme Court ruling over BI coverage early last year has not put a stop to BI litigation over Covid losses.
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The Peruvian government is suing Spanish oil company Repsol over the January incident which affected 700,000 residents.
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“We like where we are positioned right now in terms of the performance of some of that strategic hiring,” Glaser told analysts.
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Mulsanne must pay £1mn to Marshmallow in the next two weeks, with the remaining balance subject to a cost assessment process.
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The brokers asked the judge to delay some pre-trial conferences by two weeks as they could obstruct the settlement negotiations.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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Current Generali CEO Philippe Donnet said the rebel plan puts the firm’s dividend targets at risk.
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The withdrawal of insurance coverage provided by subsidiary The Bond & Credit Co was linked to the collapse of the supply-chain finance firm.
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The carrier said it will examine the impact of the ruling on other claims under non-damage denial-of-access wordings.
