Zurich
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Henderson Road Restaurant Systems filed suit after having its Covid-19 BI claim denied in March.
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The Zurich-owned carrier retains a financial strength rating of A2 and a surplus note rating of Baa2.
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The ratings agency will conduct a review of the carrier's capitalization.
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The new arrival at the M&A insurance specialist follows the departure of paper provider AGCS earlier this year.
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Largest insureds scale back on purchasing in response to tough casualty pricing.
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The product is now also available in South Carolina, North Carolina and Virginia.
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The changes stem from the creation of a new digital services unit at the Swiss carrier.
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A public insurance certificate unearthed by Reuters shows that the insurers are involved despite pledges to fight climate change.
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Gerber was a giant of the Swiss business world in the 1970s and 1980s.
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The mid-market commercial insurer also gains authorisation in Washington State.
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Fema deputy administrator for resilience Daniel Kaniewski said it could be argued the agency created a “moral hazard.”
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The case exemplifies the complications historic opioid claims are causing in the market.