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Swiss Re’s medmal exit comes after ProAssurance’s warning last quarter of companies being “swept away by the tide”. -
The buyer says purchase reflects growing regional demand for warranty and indemnity insurance.
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The Pennsylvania-based grocer has been named in multiple lawsuits by plaintiffs seeking to recover billions of dollars over opioids.
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The recently created specialty outfit taps AmTrust at Lloyd’s and Nuclear Risk Insurers for talent.
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The judge said that the punitive damages were higher than constitutional limits set by the US Supreme Court.
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The Chubb CEO hit out at the wave of litigation which often follows acquisitions.
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The new venture streamlines underwriting by scraping data on liquor license violations.
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The move comes after a reserve strengthening and commercial liability moratorium imposed during the first quarter of this year.
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It’s clear that pricing is improving. But how widespread is the pain that’s driving it? (It’s not just AIG & Lloyd’s)
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A five-strong team will work under Peter Boardman and Guy Robinson.
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The insurance company is opposing the Scouts’ bid to move the case to a local county court.
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The new hire will replace Convex recruit Pagram in a US casualty role.
