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Travelers Unit Alleges Zurich Has Duty to Defend Utility in Gas Explosion Lawsuits
Charter Oak Fire Insurance Co. is suing Zurich American Insurance Co. for allegedly failing to indemnify and defend a utility company facing a slew of lawsuits stemming from a gas ...
Source: BestWire   Date: May 12, 2026
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Farmers Insurance Sees RICO Lawsuit Dismissed Over Delayed Filings, Due Diligence Issues
Fifth Circuit's order. In October 2022, Farmers said it was going to amend its original complaint, which the court found deficient. In February 2023, the amended complaint was ...
Source: BestWire   Date: February 26, 2026
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Mining Firm Sues Zurich for $130 Million, Claiming Hurricane Helene Loss
Hurricane Helene in September 2024. Zurich American Insurance Co. is being sued by Sibelco North America Inc., which alleges that Zurich did not pay claims on an insurance policy ...
Source: BestWire   Date: December 18, 2025
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Mergers And Acquisitions-Focused MGA Icen Risk Launches in US With Capacity From Zurich
Zurich to facilitate its entrance into the U.S. M&A market, which it called the largest and most dynamic in the world. Transaction-related cover in the United States has grown to ...
Source: BestWire   Date: October 1, 2025
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Minnesota Appeals Court: Multiple Pandemic Orders Count as Separate Occurrences for Claims
The dispute involves a Zurich American Insurance Co. commercial property policy that included coverage for "interruption by a communicable disease," including government order ...
Source: BestWire   Date: August 15, 2025
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Zurich Head of Claims: Confronting Legal System Abuse
Following is an edited transcript of the interview. Q: You lead what is believed to be the only team among commercial insurers dedicated solely to tackling legal system abuse. What ...
Source: BestWire   Date: June 2, 2025
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Chubb, Zurich, National Indemnity Launch Excess Casualty Facility
Zurich North America and National Indemnity Co. have launched an excess casualty facility offering up to $100 million in lead excess casualty insurance capacity on a claims-made ...
Source: BestWire   Date: May 2, 2025
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Alaska High Court: COVID Virus, Shutdown Orders Didn't Cause Physical Losses
Zurich American Insurance Co. The senior living center said direct physical loss or damage to included "loss of use of its property," while the carrier argued that the mere ...
Source: BestWire   Date: September 30, 2024
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Update: London ExCel Centre Prevails in Appeal Over COVID-19 Business Interruption Claim
...Updates with Allianz comment in sixth paragraph.) A court sided with the owners of London's ExCeL Centre in an appeal brought by insurers concerning pandemic-related business ...
Source: BestWire   Date: September 9, 2024
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Zurich Seeks to Avoid $400 Million in Claims Related to Greensill Bankruptcy
Zurich Insurance Group Ltd. is seeking to avoid paying about $400 million in trade credit insurance claims related to the bankruptcy of financial services company Greensill ...
Source: BestWire   Date: February 5, 2024
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US Supreme Court to Hear Truck Insurance Exchange Appeal on Chapter 11 Plan
Truck policies," it said. The Bankruptcy Court for the Western District of North Carolina approved Kaiser's Chapter 11 plan, which includes a $50 million trust fund for workers' ...
Source: BestWire   Date: October 16, 2023
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Insurers Not Liable for $50 Million in Home Depot Data Breach
Great American Assurance Co. in the case, which Home Depot brought in 2021. In its complaint, Home Depot said it reached a multimillion settlement with credit card issuers and ...
Source: BestWire   Date: August 17, 2023
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Update: Zurich Off the Hook for Coverage in Landmark Harvard Admissions Case
...Adds comment from Harvard in last paragraph.) Zurich American Insurance Co. does not have to cover up to $15 million in expenses Harvard College racked up in the landmark ...
Source: BestWire   Date: August 10, 2023
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Zurich Appeals High Court Ruling Ordering Coverage for Pandemic BI Costs
Zurich Insurance Company Ltd. have current Best's Financial Strength Ratings of A (Excellent) and A+ (Superior). (By Timothy Darragh, senior associate editor, BestWire: ...
Source: BestWire   Date: July 31, 2023
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Net-Zero Alliance Hit With More Defections Amid US Concerns Over Legality
... Insurance Group and Munich Re (BestWire, May 22, 2023). The NZIA currently has 23 member companies, according to its website. An effort to reach the NZIA was not immediately ...
Source: BestWire   Date: May 25, 2023
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Zurich North America Names Former ARC Excess & Surplus Exec as North America CUO
American International Group Inc. in New York for 12 years, where she specialized in executive liability and directors & officers insurance, the company said. In January, Zurich ...
Source: BestWire   Date: April 3, 2023
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Zurich American Fighting Harvard Appeal Related to Admissions Case in Supreme Court
President and Fellows of Harvard College. The SFFA action alleges that Harvard College administers its student admissions plan and process in violation of federal discrimination ...
Source: BestWire   Date: March 22, 2023
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Washington Appeals Court Rules Insurer Owes Coverage Despite Third-Party Payment
Zurich American Insurance Co. unit owes T-Mobile USA Inc. coverage for a data breach despite the company receiving partial recovery of some of its $17.3 million in costs, a ...
Source: BestWire   Date: November 30, 2022
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Citing Missed Deadline, Judge Dismisses Harvard Complaint Against Zurich in Discrimination Case
Zurich and attorneys for Harvard were not immediately successful. Harvard's original complaint is an insurance coverage action brought against its excess insurance company Zurich ...
Source: BestWire   Date: November 4, 2022
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Mondelez, Zurich American Settle $100 Million ‘War Exclusion’ Lawsuit
Mondelez sued Zurich American Insurance Co. in 2018 over its denying its coverage when Mondelez computer systems were corrupted by the 2017 NotPetya cyberattack (BestWire, Jan. 24, ...
Source: BestWire   Date: November 2, 2022
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