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Southern Fidelity, which has 78,000 policies in Florida, had failed to secure reinsurance for the 2022 hurricane season.

The defense contended that the accident caused nothing more than a sprain or strain and any other injury predated the accident.

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The widow told the court that her husband was not a smoker and had no significant medical history that could compound the danger of the virus.

The U.S. has already outlawed imports of Russian oil and the European Union has agreed to prohibit seaborne imports of Russian crude in six months.

Inflation, war and social unrest are among the issues swirling in the high risk/low resilience geopolitical environment, Beazley reports.