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Chubb, Fidelis lose $340M in Russia jet claims
By PC360 Staff WriterThe insurers argued that because they paid claims after war-risk insurers failed to, they should be entitled to reimbursement.
Property & casualty insurance claims can sometimes result in lawsuits. Claims provides court cases and legal analysis on the latest issues affecting bad faith, subrogation, assignment of benefits and product liability. Articles include strategies to manage defense costs, proactive litigation strategies and red flags in claims that could lead to litigation.
The insurers argued that because they paid claims after war-risk insurers failed to, they should be entitled to reimbursement.