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Alterra Mountain Co. sues insurance company over $200 million in denied coronavirus losses claims

Alterra Mountain Co. sues insurance company over $200 million in denied coronavirus losses claims
summitdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from summitdaily.com Daily Mail and Mail on Sunday newspapers.

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Demand Outpacing Supply in One of Best E&S Markets in 50 Years, Industry Veteran Says

Demand Outpacing Supply in One of Best E&S Markets in 50 Years, Industry Veteran Says
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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Lexington Insurance Wants Out Of BCBS Antitrust Coverage

Lexington Insurance Wants Out Of BCBS Antitrust Coverage
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

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Novant vs. Insurer: Who should pay? Legal dispute is one of many across nation after hospitals filed claims for massive expenses and losses related to COVID-19 pandemic

Novant Health Inc. took in February 2020 what it considered to be a proactive financial step â acquiring a COVID-19-related insurance policy to cover expected and unexpected expenses and losses.
The policy was with American Guarantee and Liability Insurance Co. The insurer is a U.S. subsidiary of Zurich Insurance Group Ltd. that Novant has used in other policies.
The policy began Feb. 1, 2020, and lasted exactly a year. There was a liability limit of $1.5 billion, and Novant said it paid $2.21 million in premium costs during the coverage period.
The decision appeared prudent considering Novant has reported at least $470 million in pandemic-related expenses and losses just from March through June 2020. Novant said all of its 15 hospitals and 700 operations have been affected directly by COVID-19. ....

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NY Health Care System Says Insurers Can't Avoid Virus Suit

NY Health Care System Says Insurers Can't Avoid Virus Suit
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

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