September 08, 2023
A Lloyd's underwriter has settled a dispute in Tennessee federal court over coverage of a $1.7 million arbitration award that two insurers won against a claims manager, the two insurers said in a notice Thursday.
October 11, 2022
A $1.7 million arbitration award against a claims manager is excluded from coverage because the award is an amount owed under a contract, which is not a loss under the manager's insurance policy, a Lloyd's unit told a Tennessee federal court.
September 07, 2022
A Lloyd's underwriter must cover a $1.7 million arbitration award two insurers won against a claims manager, the two insurers told a Tennessee federal court, saying the negligence award was squarely covered under the manager's errors and omissions policy.