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In court documents, the defence company says Aon failed to provide sufficient claims notification advice.
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Umbrella covers and commercial property "hardening at fastest pace since 9/11”.
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The use of exclusions could leave the personal assets of directors at risk in the event of legal action.
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John Collier rejoins former colleague David Purdy at the broker.
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Average price growth accelerated to the fastest pace since the recovery began at the end of 2017.
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Global pricing for financial business risks rose by 26 percent in the quarter, according to the broker’s survey.
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Businesses expected to suffer disproportionately in the post-coronavirus economy are seeing rises of up to 400 percent.
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Covid-19 has led to a surge in potential exposure in what was already a challenged market.
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Tesla says it has not renewed D&O cover for the 2019-20 policy period because of the cost of premiums.
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The commercial lines insurer first entered the country in 2015.
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As the Covid-19 crisis continues to deepen, this week signs of strain became increasingly evident in certain lines of business.
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An increase in the severity of securities class actions has seen D&O insurers present a united front against rising litigation, but divisions between carriers remain, writes John Hewitt Jones.