The English Court has, for the first time, considered the meaning of a “catastrophe”, as well as how Hours Clauses work in the context of non-damage business interruption losses claimed under two Property Catastrophe Excess...more
2/14/2024
/ Appeals ,
Arbitration ,
Arbitration Awards ,
Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Denial of Insurance Coverage ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Occurrence ,
Policy Terms ,
Reinsurance ,
UK
This is our pick of the key recent legal and regulatory issues affecting the insurance and reinsurance sector.
Non Party PI Insurers Liable for Costs -
In the January 2019 case of Various Claimants v Giambrone the...more
3/4/2019
/ Amended Legislation ,
Arbitration ,
Covered Agreement ,
Denial of Insurance Coverage ,
EU ,
Indemnity Insurance ,
Insurance Industry ,
Insurance Litigation ,
NAIC ,
Product Defects ,
Regulatory Standards ,
Reinsurance ,
SMCR ,
UK ,
US-EU Covered Agreement