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முனிச் மறுகாப்பீடு அமெரிக்கா இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries

AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries
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Bell and Clements Launches Intellectual Property Insurance for Law Firms

District Court Predicts that Alabama Supreme Court Would Refuse to Extend Bad Faith to Reinsurance Disputes | Carlton Fields

To embed, copy and paste the code into your website or blog: The United States District Court for the Middle District of Alabama recently predicted that the Alabama Supreme Court would refuse to recognize bad faith claims in the context of reinsurance disputes if it was presented with the question. The district court therefore granted a reinsurer’s motion to dismiss several bad faith claims against it. Alabama Municipal Insurance Corporation (“AMIC”) sued Munich Reinsurance America, Inc. for purportedly underpaying several reinsurance claims by approximately $1.9 million. AMIC asserted bad faith claims as part of its suit. Munich Re moved to dismiss those claims, arguing Alabama does not (or rather, would not) recognize bad faith in the context of reinsurance disputes.

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