Judge rules against insurers in Halliburton case

A Pittsburgh bankruptcy judge has ruled that insurance companies, led by Ace and Hartford, do not have standing to challenge or intervene in the judge’s decision regarding the bankruptcy cases of DII Industries and Kellog Brown & Root which are subsidiaries of Halliburton.

The two companies have filed for Chapter 11 bankruptcy and the insurance companies wanted to stop this being used to resolve their asbestos liabilities. The ruling means the insurers will have no

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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

Greenwashing risks and the path to real progress

As the 2024 United Nations Climate Change Conference, also known as COP29, begins Damisola Sulaiman explores the unique greenwashing risks the insurance industry faces, how those risks can be mitigated and the challenges faced in proving sustainability claims.

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