Legal
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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. -
The Chubb CEO calls on Congress to shield corporate America from Covid-19-related litigation as the US begins to re-open.
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The Hartford, CNA, Arch and The Hanover all dropped more than 6 percent on Wednesday, performing worse than the broader market.
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The state regulator wants insurers to work with their customers as risk exposures change.
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CEO Bruce Hepburn said insurers should have “feet held to fire” over claims payment.
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The carrier notes that only 10,000 of UK SME clients with BI cover have been hit by the Covid-19 lockdown.
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The start-up has filed a countersuit against the brokerage giant after it accused founders of trade secrets misappropriation.
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The groups sent a letter of opposition yesterday to the California congressman.
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The move comes after Republican lawmakers asked President Trump to intervene on the industry’s behalf.
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Multiple broking sources believe the breadth of the Hiscox wording means all BI claims are covered.
