Sears accuses Bermuda insurers of ‘frustrating’ claims for hurricane losses

By David Marchant

18 years ago

Topics

Bermuda Insurance USA United Kingdom

Keywords

ACE Ltd. AIG Allianz Allied World Assurance Aspen Insurance

Continental Casualty Company Cunningham Lindsey International Ltd. Great Lakes Reinsurance Houston Casualty Company International Insurance Company of Hannover Lexington Insurance Liberty Mutual Fire Insurance Max Re Nutmeg Insurance Sears Holdings Corporation SR International Business Insurance Company Ltd. United States Fire Insurance Company VeriClaim Inc.

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United States-based retail giant Sears is suing insurers in Bermuda and elsewhere for allegedly frustrating the processing and payment of “enormous” claims stemming from Hurricane Katrina in 2005.
Sears Holdings Corporation, a Delaware corporation based in Hoffman Estates, Illinois, filed a civil complaint at the Circuit Court of Harrison County, Mississippi Second Judicial Court on August 25, 2006, with the case being transferred to the U. S. District Court for the Southern District of Mississippi on December 18, 2006.

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