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13 Jul 2010, 3:04 am
“Buyers and sellers of coverage will be reevaluating their appetites for offshore energy risk,” said Berg.Insurers are beginning to re-evaluate how much they can risk to underwrite as the Deepwater Horizon disaster exposes higher liabilities than previously thought, said Gregory Thomas, head of offshore activities at Assuranceforeningen Skuld, an Oslo-based underwriter for deepwater contractors.John Lloyd, chief executive of Lloyd & Partners… [read post]
7 Apr 2008, 1:50 pm
Only in the world of insurance would we find the following said strictly matter-of-fact, with no laugh track expected or necessary:"Lloyd's of London warned yesterday that an absence last year of natural disasters or man-made accidents was putting pressure on firms to reduce premiums in 2008. [read post]
24 Sep 2010, 4:33 am
Certain Underwriters at Lloyd’s, London, et al., No. 09 945, a case under consideration for certiorari by the U.S. [read post]
5 Sep 2008, 1:22 pm
” “As nanotechnology plays a growing role in commerce, insurers and underwriters will be increasingly taking these risks into account. [read post]
8 Aug 2007, 3:58 am
Certain Underwriters at Lloyd’s, London, SJC – 09834 (Aug. 6, 2007).In October 1997, the plaintiff insured was the subject of a class action lawsuit arising from allegedly improper business practices in the sale of life insurance and annuity products. [read post]
22 Aug 2007, 5:34 am
Certain Underwriters at Lloyds' London, in which the court held that an excess carrier that had issued a follow form policy to an insured was not bound by or required to follow the settlement decisions of the insured's primary carrier, to whose policy the excess carrier's policy followed form. [read post]
28 Sep 2022, 2:24 pm by Lorelie S. Masters and Yaniel Abreu
Certain Underwriters at Lloyd’s London, et al., the Court of Appeals for Ohio’s Eighth District, reversed the lower court, finding that money paid by the insured into an abatement fund was “damages” as that undefined term was used in the policyholder’s insurance policies. 2022-Ohio-3031, ¶ 1. [read post]
16 Dec 2009, 4:59 am
  The company also announced the hiring of Carlos Caputo and Sonia Galvis, both formerly of XL Re Latin America, as the CEO and Chief Underwriting Officer, respectively, of Max Capital’s Latin American operations.Max Capital will operate in Brazil as an admitted reinsurer through its Lloyd’s syndicate. [read post]
8 Jun 2011, 3:38 am by Chip Merlin
Underwriters at Lloyd’s filed a lawsuit in Los Angeles this week seeking a declaration of no coverage for various reasons, including an application defenses. [read post]
27 May 2008, 8:36 am
In Steamship Mutual Underwriting Association (Bermuda) Limited v Sulpicio Lines Inc [2008] EWHC 914 (Comm), the English Commercial Court considered an application for declaratory and injunctive relief by Steamship Mutual (the Club) against its insured, Sulpicio, a Filipino company and a member of the Club for many years.After investigating two significant claims by Sulpicio, the Club declined cover for one and terminated the entry of all Sulpicio's vessels with effect from 1 December… [read post]
25 Jun 2007, 8:02 am
Certain Underwriters at Lloyd's, London and Certain London Market Insurance Companies, No. 603471/06, 2007 WL 1615102 (N.Y. [read post]
4 May 2015, 9:02 am by Christopher G. Hill
Martha’s clients have included underwriters and agents representing Lloyd’s syndicates, third party administrators and agents and various foreign and domestic insurers and reinsurers. [read post]