Policyholders Face April 11 Claims Deadline in London
A large group of London insurers forming the English & American Underwriting Agency Pools (“EAUA”) has set April 11, 2011, as the final date to file claims. EAUA policyholders must file claims and supporting documentation by April 11 or their claims will be forever barred.
Many Lloyd’s & London Market policies from 1952 to 1992 include EAUA coverage. Therefore, many American companies have EAUA coverage (whether they know it or not) for their past or even potential liabilities for claims such as asbestos, pollution, silica, environmental, health hazard or similar long-tail claims. Read more ...