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4 Jun 2020, 1:09 pm by Astarita
The Securities and Exchange Commission today announced settled charges against Bermuda-based insurance company Argo Group International Holdings, Ltd. for failing to fully disclose perquisites and benefits provided to its former chief executive officer…Read the Full Press ReleaseHave a securities law question? [read post]
30 Aug 2012, 2:33 am by John L. Welch
In another enervating clash of insurance company marks, the Board affirmed a Section 2(d) refusal of COLONY for "life insurance underwriting" on the ground of likely confusion with the registered mark COLONY MEMBER ARGO GROUP & Design for "insurance services, namely, writing commercial excess and surplus insurance" [GROUP disclaimed]. [read post]
12 Jun 2012, 1:31 am
Whilst BLC and Homebase did not have an equivalent contractual relationship, Thirwall J still found that the former owed the latter a common law duty of care arising from BLC's knowledge that Homebase was part of the Argos group of companies, that Homebase would receive BLC's advice, and that it would rely on that advice.This decision represents a victory for the insurers of Argos and Homebase and will serve to mitigate the losses they incurred in what… [read post]
23 Dec 2010, 4:42 am by Katherine Scanlon
Argo - "a New York investment firm that derives a majority of its business from purchasing the claims of creditors of distressed companies," according to the court - entered into an agreement whereby O'Brien assigned rights to recover settlement proceeds from an insurance company that was in liquidation. [read post]
23 Mar 2010, 2:52 am by f4lblog-author-b3
More significantly, the position of those who have made personal injury claims against the companies responsible for their harm will often depend on the defendants’ insurance cover. [read post]
21 Aug 2008, 8:39 am
The court found that the insured's notice to its own broker did not constitute notice to Nova or its agent, and held:It is also clear that notice of loss to the insurance company eight months after the occurrence does not comply with the prompt notice requirement of the policy. [read post]
27 Apr 2010, 2:22 am by admin
Land of Leather customers could consider themselves extremely unfortunate to have missed out on the compensation, as liability for their accident claims had been accepted by insurance company Zurich; however, Zurich successfully contested the personal injury claims in March on grounds of breach of contract. [read post]
21 Oct 2008, 12:43 pm
No, says the New York Court of Appeals.Although the insured provided prompt notice of a workplace accident to its workers' compensation carrier under its workers' compensation policy, it did not give notice of the accident to that same insurer under its excess liability policy until five and one-half years later, after it was sued in a third-party action.In AFFIRMING the First Department's order, which had affirmed New York County Supreme's granting of… [read post]
20 Nov 2008, 12:36 pm
We have long held, and recently reaffirmed, that an insurer that does not receive timely notice in accordance with a policy provision may disclaim coverage, whether it is prejudiced by the delay or not (Argo Corp. v Greater N.Y. [read post]
10 Dec 2008, 6:34 am
Insurance Company" is an "interested person" under CPLR 5015]), but chose instead to allow the default judgment to be entered unopposed so that it could later avail itself of the "no-prejudice" rule. [read post]
Further information can be found here and the letter can be found here. 6                Full Federal Court allows appeal in Argo Managing Agency Ltd for and on behalf of the underwriting members of Lloyd’s Syndicate 1200 v Quintis Ltd (subject to deed of company arrangement) [2022] FCAFC 86 The Full Federal Court has allowed the appeal in Argo Managing Agency Ltd for and on behalf of the… [read post]
17 Oct 2018, 3:59 am
FI, a relatively small premium clothing company, owned registrations for LNDR for clothing. [read post]
4 Feb 2013, 12:16 am by Kevin LaCroix
  The likelihood of litigation in turn underscores the importance of the D&O insurance available for the companies involved. [read post]
18 Dec 2010, 1:34 pm by Michael
However, 408 customers who bought their sofas from Land of Leather - now in administration - looked set to miss out, as another judge had ruled that they were not entitled to compensation from Zurich, the company's insurers. [read post]
16 Nov 2022, 9:12 am by The Law Offices of John Day, P.C.
  Moreover, last month, Argo AI, a tech company to which Ford and Volkswagen provided multi-billion-dollar investments related to self-driving vehicles, declared that it would be shutting down. [read post]