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The Collaborative Clearinghouse for Lawsuits and Other Claims Against ACE Group Insurance Companies

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ACE Group Units Settle Lawsuit with Ohio

 

January 9, 2012 - Ohio’s attorney general has wrested $1.97 million from four ACE Group insurers in exchange for dropping a lawsuit that accused them of violating the state’s antitrust laws.

Ohio had sued ACE American, ACE Property & Casualty Insurance Co., Insurance Co. of North America and Westchester Fire Insurance Co.

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Superfund Squabble Lands ACE Unit in Court

January 4, 2012 - A computer chip maker has sued Century Indemnity Co. and three other insurers in an effort to wrest payment from them over its cleanup costs of a Superfund environmental site.

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Baseball Bat Death Suit Lands ACE American in Court

January 3, 2012 - The maker of the Louisville Slugger baseball bat has sued ACE American over legal fees it racked up appealing a verdict tied to a baseball player’s death.

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Reinsurance Treaty Dispute Lands ACE Units in New York Courtroom

December 28, 2011 - An English insurer has asked that it be relieved of any obligation to a reinsurance treaty tied to a 2006 transaction it had with ACE INA International Holdings.

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News Report Says ACE Will be Insurer to Failed Japan Power Plant

December 27, 2011 - ACE Group has reportedly agreed to take over accident insurance for the damaged Fukushima Daiichi nuclear power plant in Japan.

Japanese business news daily Nikkei reported that Tokyo Electric Power Co., or Tepco, plans to contract with ACE to provide coverage that will begin January 2012.

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Westchester Fire Joins Suit Against Fellow Insurers

December 21, 2011 - Three insurance companies and one building contractor are in a court squabble over who is responsible for $25 million in damages being sought by a worker who fell at a construction site.

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Oil Patch Worker’s Death Winds Up in Lawsuit Against ACE Group Unit

December 15, 2011 - A defendant in a lawsuit over a workplace death has taken Westchester Fire insurance Co. to court to force it to pay for legal fees and any damages.

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Power Company Sues ACE Group USA Unit Over Alleged Failure to Defend

December 9, 2011 - A Rhode Island utility has sued Century Indemnity Co. for allegedly refusing to defend it in an environmental cleanup lawsuit.

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Greenberg Share Transaction Continues Selloff by ACE Leaders

December 6, 2011 - ACE Limited Chairman Evan Greenberg has cashed out $4.4 million in company shares, selling at nearly the 52-week high for the insurance conglomerate.

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