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Low claims payouts drive Munich Re profit surge
Germany-headquartered Munich Re posted a 57% year-on-year increase in its first-quarter net result to 1.7 billion euros ($2 billion), Life Insurance International reported. The group’s
Hudson Insurance hit with bad-faith suit over halved crop payouts
The growers took the dispute to arbitration, as the policy’s Paragraph 20 required. According to the complaint, the arbitrator’s amended award found that each plaintiff
