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29 Aug 2016, 10:45 am by Senior Editor
Through its international member company, Chaucer, The Hanover also underwrites business at Lloyd’s of London in several major insurance and reinsurance classes, including marine, property and energy. [read post]
Clause 45.3 stipulates: “It shall be a condition precedent to the liability of the Underwriters that the Assured shall not at any stage prior to the commencement of legal proceedings knowingly or recklessly … mislead or attempt to mislead the Underwriters in the proper consideration of a claim or the settlement thereof by relying on any evidence which is false … conceal any circumstance or matter from the Underwriters material to the proper… [read post]
8 Jul 2016, 6:36 am by Shane Smith
There is a pending dispute I have been reading about in the news involving a hole in one contest at the 2015 PGA tour event, the Greenbrier Classic.1 Insurer Certain Underwriters at Lloyd’s London and its representative HCC Specialty Underwriters Inc. wrote a policy for the golf course operating non-profit, Old White Charities, to cover a hole in one contest at the 18th hole at the tournament. [read post]
26 Jun 2016, 4:33 pm by Kevin LaCroix
As a result of its E.U. membership and access to the single market, underwriters at Lloyd’s and in the larger London market are able to write insurance and reinsurance from all of the other 27 member states on a cross-border basis  (and also locally in those countries where Lloyd’s or the other London underwriters have branches). [read post]
3 May 2016, 5:08 pm by Kevin LaCroix
Stephen O’Donnell Cyber liability insurance is a relatively new product and many of the terms and conditions found in cyber-liability policies are as yet untested in the courts. [read post]
7 Apr 2016, 3:52 pm by Kevin LaCroix
Underwriters at Lloyd’s, London, 907 So. 2d 1187 (Fla. 3d DCA 2005), which the former director contended supported his position that the exclusion did not expressly state whether it applied to all claims brought by a former director or only to claims brought by a former director in his capacity as a former director and that the exclusion must be read in favor of the insured, and coverage. [read post]
30 Mar 2016, 10:35 am by Michael S. Levine
Certain Underwriters at Lloyd’s of London, Subscribing to Ascent Cyberpro Policy No. [read post]
14 Mar 2016, 2:56 am by Kevin LaCroix
David Bergenfeld Laura Lang This past year was a very eventful one in the world of fidelity bond, commercial crime, and cybercrime coverages. [read post]
11 Feb 2016, 9:28 am by Patrick M. McDermott
Lemonade, a new insurance start-up that intends to offer peer-to-peer insurance in the US, received a recent boost when it announced that several well-known insurers, including Lloyd’s of London underwriters and Berkshire Hathaway’s National Indemnity Company, have signed up to provide reinsurance backing to the new venture. [read post]
8 Jan 2016, 8:00 pm by John Ehrett
Certain Underwriters of Lloyd’s, London 15-456Issue: Whether the Court should overrule Thermtron Products, Inc. v. [read post]
1 Dec 2015, 11:55 am by emagraken
Non-Marine Underwriters, Lloyd’s London, England, [2000] O.J. [read post]
9 Nov 2015, 11:01 am by Michael S. Levine and Paul T. Moura
Insurers To Indemnify $132 Million Loss From Train Collision Allegedly Caused By Texting Engineer, FC&S LegalNovember 9, 2015 In Those Certain Underwriters at Lloyd’s London et al. v. [read post]