Liberty Mutual wins in refusing to pay arbitration award | Business Insurance


Liberty Mutual Insurance Group units are not obligated to indemnify a timberland and natural resource investment management firm for a $3.5 million arbitration award because the underlying charges against them were not based on negligence, said a federal appeals court Wednesday in affirming a lower court ruling.

— Read on www.businessinsurance.com/article/20191114/NEWS06/912331673/Liberty-Mutual-wins-in-refusing-to-pay-arbitration-award

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