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22 Apr 2024, 1:11 pm by Kevin LaCroix
Securities litigation presents complex coverage issues for the insurers of private equity firms and their policyholders. [read post]
17 Sep 2023, 10:59 am by Giles Peaker
The UT does add a cautionary note, given that as per Bandar Property Holdings Ltd v J S Darwen (Successors) Ltd (1968) 2 All ER 305 there was no requirement for an obligation to insure with an insurer ‘of repute’ did not have an implied term that the landlord would act reasonably in placing insurance so as not to impose an unnecessarily heavy burden on the tenant, and, via Havenridge Ltd v Boston Dyers Ltd (1994) 2EGLR 73,… [read post]
20 May 2023, 5:13 am by Mark S. Humphreys
  The opinion is from the Thirteenth Court of Appeals and is styled, Bill Wendlandt, 120-MP Victoria Ltd, and Laurent Tower, LLC, v. [read post]
23 Mar 2023, 6:12 am by Marianne Wagener (ZA)
In August 2022, Red Sea Import and Export Ltd, Prav Holdings Ltd and Jimuceci Enterprises Limited were fined 4%, 3% and 3% of their annual turnovers respectively for engaging in tying and bundling. [read post]
6 Apr 2022, 1:14 am by familoo
There is an insurance company logo which links to their page too. [read post]
15 Feb 2022, 2:05 pm by Kevin LaCroix
In the following guest post, Peter Evans, Complex Claims Director – Executive & Professional Lines, Berkshire Hathaway Specialty Insurance, Elan Kandel, Member, Bailey Cavalieri LLC and James Talbert, Associate, Bailey Cavalieri LLC, take a look at SPACs and the litigation risks that SPAC sponsors can face, as well as the insurance issues that can arise in claims involving SPAC sponsors. [read post]
18 Aug 2021, 12:01 pm by Kevin LaCroix
In some D&O insurance arrangements for SPACs, the sponsor is added to the policy as a named insured on a co-defendant basis, which would appear to address this situation, but the sponsor’s owners are not named, meaning that the funds that own the sponsor here would have to look to Pershing Square’s own insurance tower. [read post]
2 Aug 2021, 6:47 am by Cinthia Macie
” Aon Plc and Willis Towers Watson Plc called off their merger, saying U.S. regulators’ objections created unacceptable delay and uncertainty. [read post]
19 Apr 2021, 9:37 am by Deb Givens
Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis Towers Watson to gain EU antitrust approval for its $30 billion acquisition bid, a person familiar with the matter said on Monday. [read post]
5 Apr 2021, 7:23 am by Giles Peaker
The tenants’ solicitors, Newbold & Co, had applied for an After the Event insurance policy, but for some reason, only for Ms Gibson. [read post]
17 Jun 2020, 1:12 am by Michael Douglas
Inghams sought to restrain the referral to arbitration and failed at first instance; see Inghams Enterprises Pty Ltd v Hannigan [2019] NSWSC 1186. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
Certain entities are exempt from the requirements of the French banking monopoly regulations, such as insurance and reinsurance companies, certain pension funds, UCITS and AIF. [read post]
1 Apr 2020, 4:33 pm by Arthur F. Coon
In a published opinion filed March 24, 2020, the Fourth District Court of Appeal (Division One) reversed a judgment of dismissal with prejudice, entered by the San Diego County Superior Court after sustaining a demurrer without leave on statute of limitations grounds to a group’s action challenging the CEQA review for Caltrans’ Interstate 5 (I-5)/State Route 56 (SR 56) freeway interchange project (the “Project”). [read post]
11 Mar 2020, 6:47 pm by Francis Pileggi
The court said DeCarlo, Gulkowitz and Fisch were also defendants in a previous shareholder action by AmTrust shareholder Cambridge Retirement System for allegedly usurping a corporate opportunity in dealing with Tower Group International, Ltd. [read post]
26 Jul 2019, 1:38 pm by tvasil
 [Willis Towers Watson] AXA XL has partnered with InsurTech Vindati on ocean cargo insurance for small and mid-sized businesses. [read post]
15 Mar 2019, 1:23 pm by skelly
[S&P Global] Boston-based InsurTech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to participate on the coverage towers of larger companies. [read post]
31 Jan 2019, 2:03 pm by Kevin LaCroix
John Reed Stark As cybersecurity has become an increasingly important consideration for all corporate operations, one of the most pernicious problems has been the rise of so-called “ransomware” attacks – that is, systems breaches in which hackers take control of corporate networks and demand ransom payments as a condition of unlocking the systems. [read post]