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A new law comes into effect on January 1, 2021 that will double penalties for polluting vessels.
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Like other lawsuits, the action claims that the presence of the virus constitutes property damage.
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The landmark transaction with Sentry requires court clearance after gaining the state insurance commissioner’s nod.
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A state judge argues the cases have the "same policy contracts, the same insurance policy language, and the same insurance company".
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Lawmakers are considering evidence from Marsh and Chubb, as well as trade bodies APCIA and Namic. -
The civil penalty follows earlier settlements with Lockton, Chubb and nine Lloyd’s syndicates.
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The European Commission sets a provisional deadline of 21 December for the review.
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Justice Grossman ruled that the former AIG CEO could not prove that the defendant “acted with actual malice”.
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Concerns around adverse corporate tax changes now look likely to be misplaced due to Senate results.
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D&O carriers are now assessing corporations’ board diversity plans as part of the underwriting process.
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The review of the $30bn deal looks likely to extend beyond the 31 December transition period.
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A federal judge says Harvest Moon was unable to prove definitive loss of income.
