Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following th...
AIG Defeats Bad Faith Claim At Trial Over Irma Damage - Law360
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
A Florida jury returned a verdict Friday in favor of AIG after finding that the insurer did not act in bad faith in handling a claim for damage from Hurricane Irma to a $95 million oceanfront mansion near Miami.
law360.com /
Article / 4 days ago
Oman: Call for action amidst flood carnage
Insurance companies will be apprehensive of potential exposure from claims filed by private homes and businesses impacted by the severe flooding in Oman since 14 April.
Insurance companies will be apprehensive of potential exposure from claims filed by private homes and businesses impacted by the severe flooding in Oman since 14 April.
Article / 8 days ago
Pure reports ‘higher-than-expected underwriting losses' with 2023 CoR of 102.2%
The HNW carrier will launch in Canada this year, starting with Ontario....
The HNW carrier will launch in Canada this year, starting with Ontario....
Article / 8 days ago
Fine Art Losses – “Canvas” the Subrogation Landscape
If a fire or flood destroys a high-net-worth client’s fine art collection, an insurer who pays out a claim related to the loss has an incentive to...
If a fire or flood destroys a high-net-worth client’s fine art collection, an insurer who pays out a claim related to the loss has an incentive to...
Article / 3 months ago
Billionaire Ronald Perelman Spars With Art Insurers Over $410 Million Damage Claim - artnet
Ronald Perelman is demanding more than $400 million from insurers for a fire he says damaged five blue chip paintings.
Ronald Perelman is demanding more than $400 million from insurers for a fire he says damaged five blue chip paintings.
news.artnet.com /
Article / 3 months ago
AIG PCG reduces staff across marketing, risk management and claims functions
AIG Private Client Group made significant layoffs across marketing, risk management and claims teams on Tuesday...
AIG Private Client Group made significant layoffs across marketing, risk management and claims teams on Tuesday...
Article / 10 months ago
France
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for France...
Article / 1 year ago
Jeweller Graff sues Travelers over disputed cyber ransomware claim
High-end diamond house Graff has launched a legal suit in London's High Court against Travelers Syndicate 5000 to recover more than £9mn ($11mn) in losses incurred after the jeweller fell victim...
High-end diamond house Graff has launched a legal suit in London's High Court against Travelers Syndicate 5000 to recover more than £9mn ($11mn) in losses incurred after the jeweller fell victim...
Article / 2 years ago
Bishopsgate hires Conor Geraghty to build international reach
Conor will report to Bishopsgate CEO Graham Kilby, initially focusing on the Republic of Ireland and Australasia, with ambitions to...
Conor will report to Bishopsgate CEO Graham Kilby, initially focusing on the Republic of Ireland and Australasia, with ambitions to...
Article / 2 years ago
Art and specie
In this chapter of our Annual Insurance Review 2022, we look at the main developments in 2021 and expected issues in 2022 for art and specie...
In this chapter of our Annual Insurance Review 2022, we look at the main developments in 2021 and expected issues in 2022 for art and specie...
Article / 2 years ago