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Tag: compels

CITGO compels insurers to pay $54 million for Venezuela oil cargo loss
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CITGO compels insurers to pay $54 million for Venezuela oil cargo loss

CITGO, anticipating potential risks, had secured a marine cargo insurance policy from a syndicate of major reinsurers, including several Lloyd’s…

insuracarelife.comOctober 30, 2025
Liberty Mutual compels client to pay $411k in surety bond fight
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Liberty Mutual compels client to pay $411k in surety bond fight

The defendants appealed, but the appellate court affirmed the lower court’s decision. The judges pointed to New York law, which…

insuracarelife.comAugust 1, 2025

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