Compensation of Bermuda insurance executives goes up as economy goes down
June 2, 2010
Recession, what recession? That's the rhetorical question that begs to be asked after InsideBermuda reviewed the compensation packages of Bermuda's leading insurance executives for 2009.
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Elderly South Dakota woman sues Ability Re over health coverage
June 2, 2010
An 89-year-old woman in poor health is seeking compensatory and punitive damages against Bermuda-domiciled long-term insurer Ability Re for allegedly refusing to pay for her health care.
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Catlin Insurance and others sued for return of $1.3 m in premiums
June 2, 2010
Bermuda-domiciled Catlin Insurance Company Ltd. is among eight defendants being sued for allegedly failing to return at least $1.3 million of premium to Nevada-domiciled risk retention group Health Facilities of California Mutual Insurance Company Inc.
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Bermuda insurance stocks fall more than market average
June 2, 2010
With the exception of Flagstone Re and penny stock Scottish Re, the share prices of all of Bermuda's insurers and reinsurers fell from April 16 to June 1, with 12 of them dropping by more than 10%.
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Aspen Insurance seeks to avoid paying litigation defense costs
June 2, 2010
Surplus lines insurer Aspen Insurance UK Limited is seeking to avoid having to pay the litigation defense costs of a New Jersey-based roofing contractor being sued over a condominium project.
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New Jersey real estate group sues Arch Insurance
June 2, 2010
A New Jersey-based real estate group is suing Arch Insurance Company and St. Paul Fire and Marine Insurance Company for allegedly refusing to pay litigation defense costs.
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Letter From Bermuda: Bermuda Aircraft Registry becomes political football after Boeing 737 crash in Siberia
June 2, 2010
Bermuda's Premier, Dr. Ewart Brown, may have felt a little awkward the other day when facing the press flanked by two senior corporate lawyers from the Island's largest law firms.
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Bermuda Supreme Court
June 2, 2010
Recently-Filed Business-Related Civil Lawsuits at Bermuda Supreme Court.
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