AEGIS

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AEGIS in $40 m dispute with Norwegian/Japanese construction group

Bermuda based Associated Electric & Gas Insurance Services Ltd. is one of six insurers who are involved in a $40 million policy dispute with a global construction and engineering group.Details are contained in a complaint to compel arbitration or, alternatively,

AEGIS sued over policy coverage

A United States-based insurer has asked a court to issue a ruling concerning the extent of a Bermuda firm's coverage under a policy issued to a gas company.RSUI Indemnity Company, incorporated in Delaware, based in the state of Georgia, filed a complaint for declaratory relief against Associated Electrical and Gas Insurance Services Limited, incorporated in Bermuda, based in New Jersey, at the U. S. District Court for the District of Arizona on September 23, 2005.

Superior National’s aggressive tactics in dispute with Inter-Ocean Re

Industry watchers have been taken aback by the aggressive strategy adopted by Superior National Insurance Group Inc. in its $175 million contract dispute with Inter-Ocean Re and Inter-Ocean's principal shareholder, American Re-Insurance Company.Not content to wait for the outcome of arbitration proceedings that are due to be held soon in New York, Superior National filed a lawsuit against both parties in Los Angeles County Superior Court on September 7 in which they seek $200 million.