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The Superior Court’s Feb. 28, 2025 memorandum opinion centered on the policy wording. The policies defined “Loss” as: “damages, judgments, settlements, pre-judgment and post-judgment…
The policyholders argue this violates both their insurance contracts and Ohio regulations governing total loss settlements. Their policies promise to…
CITGO, anticipating potential risks, had secured a marine cargo insurance policy from a syndicate of major reinsurers, including several Lloyd’s…
According to the complaint filed in the United States District Court for the District of South Carolina, Greenwood Division, Bay…
Loss prevention has never been more relevant for marine insurance and will become even more central in the coming period,…
According to the complaint, the cargo was loaded in good order and condition at Nhava Sheva and Hyderabad, India, and…
