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People Moves: Aon's EMEA Promotions; Lockton Re Hires Charit from Aon; Miller Names Hobbs as Head of Cyber

People Moves: Aon's EMEA Promotions; Lockton Re Hires Charit from Aon; Miller Names Hobbs as Head of Cyber
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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Insurer Can't Pass The Buck In $100M Tornado Damage Battle

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Insurer Can t Pass The Buck In $100M Tornado Damage Battle
Law360 (May 19, 2021, 10:40 PM EDT) A New York federal judge on Wednesday dropped an insurance company s claims that its broker and glass manufacturer Pilkington s Japanese parent company should foot the bill if the insurer has to shell out more than the $15 million it has already paid for tornado damage to Pilkington s Illinois facility.
U.S. District Judge John F. Keenan tossed Mitsui Sumitomo Insurance Co. of America s third-party claims against Pilkington North America Inc. parent Nippon Sheet Glass Co. Ltd. and insurance broker Aon UK Ltd. in the sprawling dispute, in which Pilkington is seeking to force MSI to pay up to $85 million more for the. ....

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BPC, environmental groups in new round of tension after company joined in court action

BPC, environmental groups in new round of tension after company joined in court action
Joseph Darville.
The sparring over the controversial decision by the government to allow Bahamas Petroleum Company (BPC) to drill an exploratory oil well in Bahamian waters continues with the company seeking security for costs now that a Supreme Court judge has agreed to allow it to be joined in court action brought by a group of environmentalists.
Those environmental groups that are part of the coalition known as Our Islands Our Future (OIOF), are decrying that move by BPC, insisting it will slow justice.
“It is unfortunate that immediately after being joined, the first thing BPC did was to apply for security for costs,” the coalition said. “This is a cynical move to price citizens out of justice. Instead of allowing the case to be judged on the merits, this move shows that they want to put up a financial barrier to prevent these proceedings to be heard quickly and on ....

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