Legal
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The group has attracted more than 200 policyholders in dispute over BI cover.
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The country’s finance ministry says a working group will examine the issue.
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A New York judge dismissed a class action by investors, closing a long running legal chapter for the Stone Point Capital-owned company. -
The Night Time Industries Association becomes the third business group to fight the carrier over denied claims.
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Laws to nullify exclusions on BI cover would “destroy” the insurance industry, the Starr CEO said.
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The new compensation system will begin next April instead of August.
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The state department of insurance said it has received complaints from policyholders about changes to coverage.
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The insurer files a counterclaim insisting the law firm’s policies do not cover its Covid-19 BI claims.
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Small businesses from the hospitality sector sued the insurers in six states.
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The action emanates from a declined BI claim for losses at 37 pubs and restaurants.
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Process servers showed up at some employees’ homes on Thursday evening to deliver documents, according to sources.
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Felipe Moncaleano Botero is one of three men named in a criminal complaint.
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