St. Paul Travelers Syndicate Management Ltd.

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Comcast Corp. sues Bermuda insurers for $14 m in hurricane-related damages

Two Bermuda-based firms, Allied World Assurance Company and ACE Underwriting Agencies Limited, are among 13 defendants being sued for $14.7 million by U. S. Comcast Corporation over an insurance claim for damages caused by a hurricane that struck Florida in 2004. The complaint was filed by Pennsylvania-based Comcast Corporation, which is the largest cable television company and second largest Internet Service Provider in the U. S. and also a provider of telephone services, at the U. S. District Court for the Eastern District of Pennsylvania on April 9, 2008. The sole cause of action is breach of contract.