Legal
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Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.
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The trio are temporarily barred from soliciting their former Guy Carpenter clients and ex-colleagues. -
US lawmakers have pushed back the deadline for the flood insurance programme’s expiration to 14 June.
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ACPR vice president Bernard Delas said there was no “interest in letting that row last eternally”.
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Protector and Munich Re are in arbitration in Norway over a claim relating to the 2017 fire which killed 72 people.
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It is hoped the Golden State will be able to have the policy in place from the start of next year, The Insurance Insider understands.
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A New Jersey federal judge rejected insurers’ request to throw out key counts in the lawsuit.
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Peddler of death sticks boil and bake, fossil-fuelled power group in the cake; fast-fashion firm with supply chain woes, arms maker in the cauldron goes.
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A suit would be a major test of legislation making insurers liable for losses arising from the late payment of claims.
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Commercial real estate investor Capital Crossing said Mapfre paid only $2.6mn after it reported damage to 228 insured locations.
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The Puerto Rican carrier pegs the claims it is fighting to recoup from reinsurers at $56mn.
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The company is fighting a lawsuit filed by KBW over the delisting of $1.2bn in preferred securities from the NYSE in connection with a buyout.
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Daily Digest: Top news from 11 September
11 September 2025