Liberty Mutual
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The hydrogen industry is a key pillar of the energy transition, but securing insurance coverage is challenging.
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Clubs including Arsenal, Aston Villa and Leicester City are claiming against insurers.
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The firm also hired Aspen’s Crystal Ottaviano as global risk solutions chief risk officer.
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A steady flow of litigation relating to Covid-19 BI is hitting the courts, despite the completion of the FCA test case last year.
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Nicholas Ferrari will be based in Sydney and head up transactional liability in Australasia.
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The suit is the latest in a series of Covid-19 BI legal actions hinging on aggregation brought against insurers.
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The parties gave their final submissions following a legal hearing that has lasted over two weeks.
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The insurers also claimed that Stonegate’s desired treatment of furlough payments would lead to it being ‘over-indemnified’.
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The pub company is looking for a payout at every one of its 760 premises, whilst insurers claim it is entitled to a single limit.
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The pub chain has claimed in court that it is entitled to separate payouts for each of its 760 venues.
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Aggregation is the main issue in the landmark case brought against MS Amlin, Zurich and Liberty Mutual.
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Sweeney was also appointed to the mutual’s board of directors, effective immediately, as he is set to become Liberty’s 10th CEO in its 110-year history.