Allied World Assurance

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    Vistra Group Holdings (BVI) Ltd. et al v. Zurich Insurance Plc et al: Defense

    Defense in Vistra Group Holdings (BVI) Limited, Vistra Group Holdings (BVI) III Limited, Vistra International Expansion (USA) Inc., and Vistra Group Holdings (BVI) I Limited v. Zurich Insurance Plc, Lloyd’s Syndicate No. 3000 MKL, Markel Insurance SE, International General Insurance Company (UK) Limited, Lloyd’s Insurance Company S.A., Riverstone Managing Agency Limited, Markel Insurance SE T4405, Endurance Worldwide Insurance Ltd., Allied World Assurance Company, Allianz Global Corporate and Specialty SE, Lloyd’s Syndicate No. 1919 CVS., Assicurazioni Generali S.p.A., HCC International Insurance Company Plc, Tokio Marine Europe S.A., Liberty Corporate Capital Limited, and Lloyd’s Underwriter Syndicate No. 5000 TRV at the High Court of Justice of England and Wales.

    Vistra Group Holdings (BVI) Ltd. et al v. Zurich Insurance Plc et al: Complaint

    Particulars of Claim in Vistra Group Holdings (BVI) Limited, Vistra Group Holdings (BVI) III Limited, Vistra International Expansion (USA) Inc., and Vistra Group Holdings (BVI) I Limited v. Zurich Insurance Plc, Lloyd's Syndicate No. 3000 MKL, Markel Insurance SE, International General Insurance Company (UK) Limited, Lloyd's Insurance Company S.A., Riverstone Managing Agency Limited, Markel Insurance SE T4405, Endurance Worldwide Insurance Ltd., Allied World Assurance Company, Allianz Global Corporate and Specialty SE, Lloyd's Syndicate No. 1919 CVS., Assicurazioni Generali S.p.A., HCC International Insurance Company Plc, Tokio Marine Europe S.A., Liberty Corporate Capital Limited, and Lloyd's Underwriter Syndicate No. 5000 TRV at the High Court of Justice of England and Wales.

    SiriusPoint Ltd. v. Allied World Assurance Company (Europe) DAC et al: Writ of Summons

    Generally Indorsed Writ of Summons in SiriusPoint Limited, of Bermuda v. Allied World Assurance Company (Europe) DAC, of Ireland; SI Insurance (Europe) SA, of Luxembourg; Endurance Worldwide Insurance Limited, of England; All Members of Lloyd's Syndicate No. 9375, All Members of Lloyd's Syndicate No. 457, Great Lakes Insurance SE, of Germany; All Members of Lloyd's Syndicate No. Act 19 9554, All Members of Liberty Syndicate No. 4472, All Members of Syndicates Comprising Consortium No. 9562 at Lloyd's, known as Barbican Financial & Professional Lines; All Members of Pembroke Syndicate No. 4000, XL Specialty Insurance Company, of Canada, All Members of Lloyd's Syndicate No. HDU 382, Starr Underwriting Agents Limited, of England; All Members of Lloyd's Syndicate No. Act 9418, and Canopius Managing Agents Limited, of England, at Bermuda Supreme Court.

    Transform Holdco LLC v. Zurich American Insurance Company et al: Petition

    Petition for Declaratory Judgment in Transform Holdco LLC v. Zurich American Insurance Company, ACE American Insurance Company, Allied World Assurance Company, Ltd., of Bermuda; Lloyd's Syndicate No. 318 MSP, of England; Westport Insurance Corporation, Lloyd's Syndicate No. 1414, of England; Tokio Marine America Insurance Company, Ironshore Specialty Insurance Company, Sompo International Holdings, Ltd., of Bermuda; American International Group UK Limited, of England; Neon Syndicate 2468, of Bermuda; Hamilton Re, Ltd., of Bermuda; Starr Surplus Lines Insurance Company, Canopius Insurance Services, Lloyd's Insurance Company (China) Limited, of China, and Aon Risk Services Central, Inc. at the District Court for the 162nd District, Dallas County, Texas.

    Purdue Pharma LP et al v. Chubb Bermuda et al: Complaint

    Complaint regarding insurance coverage for "the staggering costs of litigating an increasing number of claims seeking to hold them liable for their alleged role in creating and perpetuating the nationwide opioid crisis" in Purdue Pharma LP, Purdue Pharma Inc., Purdue Pharma Manufacturing LP, Purdue Pharmaceuticals LP, Purdue Transdermal Technologies LP, Purdue Pharmaceutical Products LP, Purdue Pharma of Puerto Rico, Rhodes Pharmaceuticals LP, Rhodes Technologies, and Avrio Health LP v. AIG Specialty Insurance Company (f/k/a American International Specialty Lines Insurance Company), Allied World Assurance Company, Ltd., American Guarantee and Liability Insurance Company, American International Reinsurance Company (f/k/a Starr Excess Liability Insurance International Limited), Arch Reinsurance Ltd., Aspen American Insurance Company, Certain Member Companies of the International Underwriting Association of London Subscribing to Policy No. 823/KE0002108, Chubb Bermuda Insurance Ltd. (f/k/a ACE Bermuda Insurance Ltd.), Evanston Insurance Company, Gulf Underwriters Insurance Company, HDI Global SE (f/k/a Gerling-Konzern General Insurance Company), Ironshore Specialty Insurance Company (f/k/a TIG Specialty Insurance Company), Liberty Insurance Corporation, Liberty Mutual Fire Insurance Company, Liberty Mutual Insurance Company, Liberty Mutual Insurance Europe SE (f/k/a Liberty International Insurance Company), National Union Fire Insurance Company of Pittsburgh, PA, Navigators Specialty Insurance Company, North American Elite Insurance Company, St. Paul Fire and Marine Insurance Company, Steadfast Insurance Company, Swiss Re International S.E. (f/k/a SR International Business Insurance Company also f/k/a Zurich Reinsurance (London) Limited, Tenecom Limited (f/k/a Winterthur Swiss Insurance Company), XL Bermuda Ltd. (f/k/a XL Insurance Company, Ltd.), and XL Insurance America, Inc. at the U. S. Bankruptcy Court for the Southern District of New York.

    Max Bermuda et al v. TD Bank: Discovery Application

    Application by Max Bermuda Ltd., Markel Bermuda Limited, Lloyd's Underwriters, Liberty Mutual Insurance Company, Arch Insurance Company, ACE Capital V Limited, Endurance Specialty Insurance Ltd., Antares Underwriting Limited, AIG Commercial Insurance Company of Canada, Arch Insurance Canada Ltd., Chartis Excess Limited, XL Insurance Company PLC, Great Lakes Reinsurance (UK) PLC, Axis Specialty Insurance Company, Houston Casualty Company, Chubb Insurance Company of Canada, ACE Capital IV Limited, Catlin Syndicate Limited, Chaucer Corporate Capital (No. 3) Limited, Aspen Insurance UK Limited, Lexington Insurance Company, AIG Insurance Company of Canada, Allied World Assurance Company Ltd., Brit UW Limited, Novae Corporate Underwriting Limited and/or Novae Syndicates Limited, Axis Specialty Limited, AIG Excess Liability Insurance International Limited, Chaucer Corporate Capital (No. 2) Limited, and ACE Capital Limited. to take discovery from TD Bank for use in in legal proceedings in Canada regarding Scott Rothstein and the now-defunct law firm of Rothstein Rosenfeldt Adler, filed at the U. S. District Court for the Southern District of Florida.

    ACE American Insurance Company et al v. Golder Associates Inc.: Notice of Removal

    Notice of Removal, including a copy of the complaint, in ACE American Insurance Company, on its own behalf and as assignee of Allied World Assurance Company Ltd.; Liberty Specialty Markets Bermuda, formerly known as Ironshore Insurance Ltd., of Bermuda; Certain Underwriters at Lloyd's of London, UK, Subscribing to Policy No. PRPNA1300417, Certain Underwriters at Lloyd's of London, UK, Subscribing to Policy No. PRPNA1300429, Certain Underwriters at Lloyd's of London, UK, Subscribing to Policy No. S1EMG0311906S, Aspen Specialty Insurance Company;National Union Fire Insurance Company of Pittsburgh PA;General Security Indemnity Company of Arizona;XL Insurance America, Inc. v. Golder Associates Inc. at the U. S. District Court for the Eastern District of Missouri.

    Foresight Energy, LLC v. ACE Bermuda Insurance Ltd. et al: Notice of Removal

    Notice of Removal, including copy of complaint, in Foresight Energy, LLC v. Certain London Market Insurers, Ironshore Insurance Ltd., Allied World Assurance Company Ltd., National Indemnity Company, Markel Bermuda Ltd., Certain Underwriters at Lloyd's of London, Westchester Surplus Lines Insurance Company, ACE American Insurance Company, AXIS Surplus Insurance Company (US), ACE Bermuda Insurance Ltd., Montpelier Reinsurance Ltd., Lloyd's Syndicate 0382 HDU, Aspen Specialty Insurance Company, and Landmark American Insurance Company at the U. S. District Court for the Eastern District of Missouri.

    Bermuda Insurance Litigation Round-Up

    Endurance American Specialty Insurance Company is being sued for damages of $900,267 in a civil complaint that was filed at the Superior Court for the County of Mecklenburg, North Carolina on July 26, 2010 by Earl Kelley Lane, as Executor

    Insurance workers in dispute with former employers

    Two civil lawsuits involving insurance companies and former employees were filed recently at Bermuda Supreme Court.In the first action, filed on December 30, 2009, Freisenbruch Meyer Insurance Services Limited, which is 40% owned by ACE Bermuda Insurance Ltd., brought an

    Reinsurers seek to avoid $30 m-plus claims by chemicals manufacturer

    Fourteen reinsurers, including four based in Bermuda, has brought a legal action against a New York Stock Exchange listed chemicals manufacturer and its captive insurer in an attempt to avoid paying claims totaling more than $30 million arising from Hurricane

    Allied World Assurance sued for alleged non-payment of $886,000 claim

    Bermuda based Allied World Assurance Company Ltd. is being sued in the United States for allegedly failing to pay a reinsurance claim of $886,000.Details are contained in a civil complaint filed against AWAC by OneBeacon Insurance Company, domiciled in Pennsylvania

    Fidelity mutual fund group continues its ownership dominance in Bermuda market

    Boston, Massachusetts-based mutual fund group Fidelity continues to be the biggest single investor — by a considerable margin — in the Bermuda insurance and reinsurance market.Fidelity owns at least 5% of the common shares of 10 of the 17 Bermuda-based companies publicly-listed in the United States that were included in an ownership review by InsideBermuda, based on filings with the U. S. Securities and Exchange Commission.

    Comcast Corp. sues Bermuda insurers for $14 m in hurricane-related damages

    Two Bermuda-based firms, Allied World Assurance Company and ACE Underwriting Agencies Limited, are among 13 defendants being sued for $14.7 million by U. S. Comcast Corporation over an insurance claim for damages caused by a hurricane that struck Florida in 2004. The complaint was filed by Pennsylvania-based Comcast Corporation, which is the largest cable television company and second largest Internet Service Provider in the U. S. and also a provider of telephone services, at the U. S. District Court for the Eastern District of Pennsylvania on April 9, 2008. The sole cause of action is breach of contract.

    More Bermuda insurance groups sue U. S. Gov’t for Katrina-related damages

    Two United States-based subsidiaries of Bermuda firms have joined a slew of litigation by insurers and reinsurers who are seeking damages against the United States Government for claims caused by Hurricane Katrina.The two new actions were filed at the U. S. District Court for the Eastern District of Louisiana on March 7, 2008 and brought to 1,568 the number of Katrina-related cases filed at the court against the Government, which have been rolled into one lead action.

    Storage group sues Bermuda insurers over Hurricane Katrina claims

    Several Bermuda insurers have been named as defendants in a Hurricane Katrina related lawsuit filed in the United States.Safeguard Storage Properties LLC and 36 of its subsidiaries have filed a complaint against Endurance Specialty Insurance Company, Axis Specialty Insurance Co.,

    Tyson Foods seeks $113 m in Hurricane Katrina claims

    Giant meat processor Tyson Foods, Inc. is seeking damages of more than $113 million in litigation and arbitrations against insurers in Bermuda and elsewhere for alleged property damage and business interruption losses caused by Hurricane Katrina on August 29, 2005.Details

    Casino owner sues Allied World over flood damage to NY apartment

    Nevada based casino owner Steve Wynn is suing a U. S. subsidiary of Bermuda based Allied World Assurance Company over a $3.9 million claim regarding flooding damage to a secondary residence, an apartment on Fifth Avenue, New York.Details are contained

    Allied World Assurance and ACE settle with US regulators

    Two Bermuda based insurers recently announced they had reached settlements with United States regulators who were looking into allegedly illegal practices.First, Allied World Assurance Company Holdings Ltd. disclosed on April 12 that it was taking a charge of $2.1 million

    Hundreds of millions of dollars at stake in claims from ‘quack’ doctor’s work

    Four Bermuda insurers have been named as defendants in a lawsuit brought on behalf of 70 patients of an osteopathic surgeon who has been accused of killing or maiming dozens of patients in the United States.The difference between success and failure may amount to hundreds of millions of dollars for XL Insurance Company Ltd., ACE Insurance Company Ltd., Starr Excess Liability Insurance International Ltd., Allied World Assurance Company Ltd. and two non-Bermuda co-defendants: Teays Valley Health Services, LLC, d.b.a. Putnam General Hospital, of West Virginia, and Health Care Indemnity, Inc., a Colorado-based insurer.

    XL and AWAC settle Hurricane Katrina-related lawsuit in Louisiana

    Two Bermuda insurers have settled a civil lawsuit in which a waste management insured accused them of failure to pay claims stemming from Hurricane Katrina. A stipulation of dismissal was entered on February 5, 2007 in an action that was filed by Waste Management Inc., a Delaware corporation based in Houston, Texas; Waste Management Louisiana LLC, a Delaware corporation based in Baton Rouge, Louisiana; and Waste Management of Mississippi Inc., a Mississippi corporation based in Baton Rouge, Louisiana, against XL Insurance (Bermuda) Ltd., and Allied World Assurance Company Ltd. at the U. S. District Court for the Eastern District of Louisiana on August 25, 2006.

    AWAC seeks to avoid contributing $15 m to JP Morgan’s Enron/WorldCom settlements

    Bermuda-based Allied World Assurance Company Ltd. is seeking to avoid paying $15 million in claims relating to JP Morgan's combined $4.2 billion settlements of Enron and WorldCom litigation. Details are contained in a civil complaint that was filed by AWAC against Boston-based Lexington Insurance Company at the U. S. District Court for the District of Massachusetts on January 16, 2007.

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

    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.

    AWAC keeps regulatory investigation out of IPO prospectus — then comes clean

    AIG-sponsored Allied World Assurance Co. Holdings Ltd. has finally decided to disclose to potential investors in its $500 million IPO that it has been the target of a regulatory investigation for over seven months.In its third amended securities registration statement that was filed with the SEC on June 19, 2006, AWAC revealed that it had received a Civil Investigation Demand from the Antitrust and Civil Medicaid Fraud Division of the Office of the Attorney General of Texas as long ago as November 8, 2005.

    Bermuda insurers seek to recover $10 m payout for Las Vegas casino fire

    Three Bermuda insurers are seeking to recover a $10 million insurance pay-out from contractors they blame for a fire that closed the Bellagio hotel and casino in Las Vegas for four days in 2004. Everest Reinsurance (Bermuda) Ltd., Allied World Assurance Company Ltd., both incorporated and based in Bermuda, and Arch Insurance Group, incorporated in Bermuda, based in New York, filed a civil lawsuit at the U. S. District Court for the District of Nevada on May 4, 2006. Co-plaintiffs are Lexington Insurance Company, incorporated in Delaware, based in Boston, Massachusetts; and Westchester Surplus Lines Insurance Company, incorporated in Georgia, based in Philadelphia, Pennsylvania.

    Bermuda companies sued by Marsh clients over bid-rigging scheme

    Eight Bermuda based companies are among the defendants in a recently civil lawsuit filed recently by clients of broker Marsh & McLennan who claim they were damaged in a bid rigging scam. One of the plaintiffs is also incorporated in Bermuda.

    Bermuda insurers sued in $350 m-limit policy dispute

    A New Jersey based manufacturer has sued several insurers, including two that are incorporated in Bermuda, in an attempt to enforce a $350 million limit insurance policy.Formosa Plastics Corporation USA claims they have breached the terms of the contract concerning

    Bermuda firms sued over business interruption coverage

    Two Bermuda companies are among several insurers being sued for allegedly refusing to pay a business interruption claim concerning a mine fire in Pennsylvania. Allied World Assurance Company Ltd. and XL Insurance (Bermuda) Ltd. are defendants alongside Berkshire Hathaway Inc., incorporated in Delaware and based in Stamford, Connecticut; National Fire & Marine Insurance Company, incorporated and based in Nebraska; Commonwealth Insurance Company, of Vancouver, Canada; International Mining Industry Underwriters Ltd., of London, England; International Insurance Company of Hannover Limited, of Surrey, England; Lloyd's of London, Hiscox Syndicate Limited, Ascot Underwriters Limited, and R. J. Kiln & Co. Limited, all c/o Mendes & Mount, New York.

    Bermuda firms sued for between $21 m and $75 m over coal-mine claim

    Bermuda-based firms are among seven insurers being sued for at least $21 million resulting from claims over alleged methane ignitions at a coal mine in West Virginia.The action was filed by PinnOak Resources LLC, of Canonsburg, Pennsylvania, and its parent, Pinnacle Mining Company LLC, at the Circuit Court of Wyoming County in West Virginia on February 6, 2004 and removed to the U. S. District Court for the Southern District of West Virginia on March 4, 2004.
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