Insurance Market Lloyd’s of London Returns to Profit, Braces For Coronavirus March 26, 2020 By Sinead Cruise Lloyd’s of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust...
Virus Fight Insurers Thought They’d Dodged Is Looming Anyway March 24, 2020 By Katherine Chiglinsky For years, property-casualty insurers have sought to protect their business from the ripple effects of a pandemic. The spread of...
Lloyd’s Must Defend Merchant From Privacy Law Suit March 18, 2020 By Jim Sams Lloyd’s of London must defend a merchant against a lawsuit that accused it of violating a California privacy law by...
Lloyd’s of London Seeks Estimates For Coronavirus-Related Losses March 17, 2020 By Carolyn Cohn Lloyd’s of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus,...
Lloyd’s May Proceed With Defect Claim Against Manufacturer for Oil Rig Blowout February 25, 2020 By Jim Sams A federal appellate court revived products liability claims filed by an offshore oil rig operator and its insurer against the...
Technology’s Promise and Drawbacks Among Top Claims Stories for 2019 December 31, 2019 By Jim Sams Technology — both its promise and its alleged abuse — was a key component of the most important news stories...
Sources Say Saudi Aramco Pursues War Cover After Attacks December 4, 2019 By Carolyn Cohn, Stephen Kalin and Marwa Rashad Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on...
Athletes Claim Lloyd’s Delays Policies, Changes Terms to Deny Claims December 3, 2019 By Jim Sams A player for the Jacksonville Jaguars football team is the latest of several athletes to sue Lloyd’s of London syndicates...
Texas Court Erases $13M From Jury Award for Offshore Oil Well Claim December 2, 2019 By Jim Sams A Texas appellate court shaved $13.6 million off of a jury’s award against Lloyds’ of London syndicates to the owner...
Sexual-Harassment Whistle-Blower Sues Lloyd’s of London Insurer November 13, 2019 By Gavin Finch A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd’s of London insurance...