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.
Articles Bermuda Insurance Listed SecuritiesApril 1, 2008
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Advance Fee Fraud Air Products and Chemicals Inc. Allied World Assurance Arch Insurance Company Bermuda Insurance Market