Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently April 5, 2022 By Carolyn Cohn Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did...
Zurich Insurance Sees Limited Greensill Exposure May 12, 2021 By Carolyn Cohn and Michael Shields LONDON/ZURICH — Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm...
9th Circuit Questions Ruling that Filed Rate Doctrine Bars Kickback Claims January 6, 2021 By Jim Sams Nearly a decade after regulators first heard allegations that carriers were paying kickbacks to mortgage servicers who purchased lender-placed insurance...
Suppliers Reluctant to Ship Goods Without Credit Insurance September 8, 2020 By Anne D'Innocenzio Gold Medal International is sitting on millions of dollars worth of socks at its North Carolina warehouse that it can’t...
Sears Suppliers Halting Shipments as Insurers Cut Coverage October 9, 2014 By Lauren Coleman-Lochner Three of the biggest insurance firms for Sears Holdings Corp.’s suppliers are seeking to reduce coverage, prompting at least one...