When is exposure to toxic substances covered by insurance? Ask the Court of Appeals

When is exposure to toxic substances covered by insurance? Ask the Court of Appeals

Is the insurance company liable if the illness is discovered long after the policy has expired? Answer to West Virginia Supreme Court-approved question is ‘very important’ for chemical industry [Reuters]- A federal appeals court has given guidance to the West Virginia Supreme Court of Appeals on whether long-term insurance policies cover liability for exposures to … Read more

Gartner: How Comparing Cyber ​​vs. Auto Insurance Can Learn About Cyber ​​Risk | Market Screener

Bank Deposit and Loan Interest Rates: September 2022 | Market Screener

Preface: Gartner does not cover cyber insurance. I am not supposed to talk about it. This post is not an opinion on cyber insurancewhich is about what we can learn about cyber risk based on how cyber insurers view their own financial risk. Let’s take a look at the following actual (likely) numbers we’ve seen … Read more

Aircraft leasing company Avolon files lawsuit against Lloyds Insurance

Aircraft leasing company Avolon files lawsuit against Lloyds Insurance

DUBLIN (Reuters) – Aircraft leasing company Avolon is suing Lloyds Insurance in the Irish High Court as leasing giants file lawsuits over huge losses linked to the Russia-Ukraine war, the report said. It was revealed in documents shown Thursday. Avolon posted an impairment loss of $304 million in the first quarter and suffered financial losses … Read more

How to Overcome the Challenge of Rising Insurance Rates

How to Overcome the Challenge of Rising Insurance Rates

Opinion holder entrepreneur You are the contributor. In today’s world of corporate transparency and accountability, an organization’s directors and officers are exposed to a myriad of risks. Regardless of a company’s size or mission, the legal costs associated with litigation can be devastating to both the organization and its directors and officers.Many people believe that … Read more

LeBron creditors to contest 2020 loan deal

LeBron creditors to contest 2020 loan deal

(Reuters) – Some of Revlon’s creditors have asked a U.S. bankruptcy judge in Manhattan to roll back the bankrupt cosmetics giant’s 2020 loan restructuring. Creditors, including Brigade Capital and Nuveen Asset Management, said in court filings late Monday that LeBron’s bankruptcy proceedings had a huge stake based on “fake” loan deals that took place in … Read more

Ukrainian premiums surpass Iraq war levels, industry sources say

Ukrainian premiums surpass Iraq war levels, industry sources say

LONDON (Reuters) – Insurance for humanitarian workers, journalists and engineers heading to Ukraine has become more expensive and harder to organize than during the Iraq war. After initially nervous about offering coverage in the wake of Russia’s invasion of Ukraine in February, several insurers have become more willing to do so in recent months, industry … Read more