Insured vs. insured ostracism shields AIG

An American International Group Inc. territory is not thankful to yield a former medical apparatus organisation officer with retribution and invulnerability costs in tie with lawsuit filed opposite him by his former organisation and a executives underneath a insured-versus-insured ostracism in a company’s directors and officers guilt coverage, says a …

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Med mal insurer acquires Lloyd’s handling group for $22.6M

RQ Investment Holdings Ltd., Hamilton, Bermuda, on Friday pronounced it is offered a Lloyd’s of London handling group business to medical veteran guilt insurer Coverys for $22.6 million. RQ Managing Agency Ltd. manages associate 1991, that has ability of approximately £127 million ($162.3 million) and writes property/casualty business for tiny …

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Marcell named boss of Aon Benfield

Aon Benfield, a reinsurance and collateral advisory section of Aon P.L.C., on Thursday pronounced it has named Andy Marcell as a president, effective immediately. Previously, Mr. Marcell was conduct of plan for Aon Benfield, a association pronounced in a statement. Prior to fasten Aon Benfield in Aug 2015, he was …

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FM Global coverage brawl with DirecTV reinstated

2011 flooding in Bangkok/ SHUTTERSTOCK.COM It is adult to a jury to confirm either FM Global is thankful to recompense an ATT Corp. section underneath a business stop process for repairs to a supplier’s comforts caused by monsoonal flooding in Thailand, says a sovereign interest justice in reversing a reduce …

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$5 million lawsuits: 4-by-4 lumber not 4 inches by 4 inches

Two renouned home-improvement stores are indicted of offered 4-by-4 lumber that don’t magnitude up, according to together lawsuits filed this month opposite Eau Claire, Wisconsin-based Menards Inc. and Atlanta-based Home Depot. The problem, according to lumber experts and carpenters quoted in media reports, is that they aren’t ostensible to. The …

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