PUBLISHED ON: November 1, 1994
In the last several years
there has been an unprecedented
number of insurance
company failures in the
London Market, leaving in
their wake billions of dollars
in liabilities and U.S. policyholders
grasping for ways to pursue their claims.
This article will explain the current status of this
growing disaster, some of the peculiarities of
English Insolvency Law, and some ideas on
protecting your rights as a policyholder.