Law | Slipcase – (re)insurance industry news

UK regulator, insurers, brace for Supreme Court battle over COVID-19 case - Reuters

Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic...

Hanover Suit Belongs in Bankcrupcy Court, Bank Says - Law360

First Midwest Bank of Poplar Bluff urged a Missouri federal judge to toss Hanover Insurance Co.'s suit alleging that the bank was liable for not questioning fraudulent transfers...

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Financial Institutions Law

Feds Accuse Exec Of 'Game Of Thrones'-Themed PPP Fraud - Law360

A North Carolina insurance agency executive and apparent "Game of Thrones" enthusiast on Tuesday was hit with fraud charges for what prosecutors...

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Covid-19 (Coronavirus) Directors & Officers

Coronavirus Regulations: A State-By-State Week In Review - Law360

President Donald Trump's reelection campaign continued to lock horns with governors fighting the COVID-19 pandemic this week, with New Jersey defending lawsuits over the state's...

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Covid-19 (Coronavirus) Law

Travelers Unit Beats Realty Co.'s $6M Collapsed Garage Suit - Law360

A New York federal judge handed a Travelers insurance unit a win against Fordec Realty Corp.'s suit seeking $6 million in compensation for a collapsed garage...

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Claims & Losses Law

LA Nightclub Says Virus Triggers 'Physical Loss' Insurance - Law360

A Los Angeles nightclub is asking a California federal court not to throw out its proposed class action alleging its insurer wrongly denied it coverage for losses stemming from...

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Claims & Losses Covid-19 (Coronavirus)

ICNZ sees no need for BI test case - InsuranceNews.com.au

The Insurance Council of New Zealand (ICNZ) says clear disease exclusions in business interruption policies suggest there is no need in that country for the type of legal test...