Legal dispute

GuideOne ends legal action against Howden over alleged unplaced fac on ONEOK loss

GuideOne has dropped its lawsuit against the reinsurance arm of London-based Howden Group after the parties came to an agreement over allegations by the Iowa-based mutual insurer that the intermediary had failed to secure facultative reinsurance on a large account hit by a major loss.

Oregon judge rules in favour of CAC Specialty over AP senior living hires

An Oregon judge has rejected claims of trade secret misappropriation and the violation of non-solicitation agreements between a team of former senior living brokers who left AssuredPartners to join CAC Specialty last year.

Ohio supreme court rules ransomware attack did not cause direct physical loss

The Ohio Supreme Court has ruled a ransomware attack on EMOI Services caused no “direct physical loss of or damage to” its software and so Owners Insurance Co is not responsible for covering the resulting loss, reversing the decision of the lower court.

Judge declines Metallica event cancellation lawsuit against Lloyd’s insurers

A California judge has ruled that a group of Lloyd's of London underwriters are not liable to compensate Metallica for financial losses the American rock band said were caused by the Covid-19 pandemic after six South American shows were cancelled in April 2020.

QIC Europe faces lawsuit from Welsh nightclub over Covid losses

The owner of a bar and nightclub in Wales is suing QIC Europe Ltd and its subsidiary to recover business interruption losses it said it suffered as a result of the national Covid-19 lockdowns.

Cardiff City sues broker Miller for £10mn+ over Emiliano Sala death

Miller is facing a £10mn+ lawsuit from Cardiff City Football Club alleging a breach of duty by the broker which meant it did not have insurance in place for the accidental death of Argentinian player Emiliano Sala in 2019.

FRP founders defeat Brown & Brown in court over $145mn employment contract lawsuit

Key executives of Foundation Risk Partners have won a long-running court battle with their former employer Brown & Brown, which had sued for $145mn in damages in relation to allegations of employment contract breaches when they left to found the firm.

Axa and Altrincham FC settle BI dispute ahead of London trial

Axa Insurance has settled a long-running legal dispute with a semi-professional football club over the payment of claims related to business interruption (BI) losses suffered as a result of the pandemic lockdowns, The Insurer can reveal.

Hertz expects insurers to pay “meaningful portion” of $168mn settlement

Hertz Global Holdings has announced it will pay $168mn to settle claims from renters who said they were wrongly arrested on suspicion of auto theft, with the rental company stating it believes insurers will cover a meaningful portion of the settlement.

Insurers fight back at ExCeL owner’s £16mn Covid-19 closure suit

Aircraft lessor lawsuits now top $6.7bn for jets in Russia

Legal cases launched by aircraft leasing firms against insurers over the loss of hundreds of planes stuck in Russia since Moscow’s invasion of Ukraine now total $6.69bn, analysis by The Insurer shows.

Aircraft lessor DAE launches second legal action against 11 insurers inc AIG, Chubb and Swiss Re

The Middle East’s largest aircraft leasing firm Dubai Aerospace Enterprise (DAE) has launched a second legal action against 11 insurers, including subsidiaries of AIG, Axis, Chubb, HDI and Swiss Re, The Insurer can reveal.

NY’s highest appeals court takes up restaurant owner’s Covid coverage dispute

The New York Court of Appeals has agreed to hear Consolidated Restaurant Operations (CRO)’s Covid-19 coverage appeal against a Swiss Re subsidiary.

Anti-vaxxer former employees sue FM Global following dismissal over mandate

A group of former FM Global employees who were fired from the insurer last year over their objections to its vaccine mandate for religious reasons have filed a class action lawsuit against their former employer, accusing it of “virtue signaling” and “currying political favour”.

Insurers to seek appeal on Stonegate, Greggs and Various Eateries BI rulings

London’s High Court has granted insurers MS Amlin, Liberty Mutual and Zurich permission to put forward applications to appeal selected areas of a ruling which handed them partial victory in a legal battle against Britain’s biggest pub group Stonegate over Covid-19 business interruption (BI) losses.

CDB Aviation launches legal action in Irish High Court against 18 insurers

Ireland-based CDB Aviation has become the latest aircraft lessor to launch legal action against its insurers over claims for planes stranded in Russia.

DAE sues aviation insurers $875mn for “lost” aircraft in Russia

The Middle East’s largest aircraft leasing firm Dubai Aerospace Enterprise (DAE) is suing 11 insurers for $875mn for aviation assets confiscated by Russian authorities.

UK to fast-track whiplash insurance claims via new test case

The UK’s Court of Appeal is to hear the first two cases on mixed injury claims – those involving both whiplash and non-whiplash injuries – via an expedited test case which the insurance sector and regulators hope will bring clarity to new rules over policyholder compensation.

Aircastle launches $266mn case against insurers in latest Russia-Ukraine suit

Connecticut-based aircraft lessor Aircastle has filed a complaint in New York against multiple insurers and Lloyd’s syndicates on its Chubb-led cover, accusing them of failing to provide coverage over $265.9mn in damages related to the Russia-Ukraine war.

Allianz targeted in new Mishcon-led BI action group

Mishcon de Reya has formed a policyholder action group to start legal proceedings against the UK arm of insurer Allianz to recover business interruption (BI) losses suffered due to Covid-19.