O-CIP! Is It A Wrap For The Wrap-Up Exclusion? (Underwriters Take Note)Coverage OpinionsInsurers that rely on exclusions in their policies, to eliminate coverage for their insureds’ projects that are covered under wrap-up policies, have much to take away from the Connecticut District Court’s decision in Thompson v. National Union Fire...
Speedbowl owner puts up $25M to cover potential civil damages
he DayBen KailGlastonbury—New London-Waterford Speedbowl owner Bruce Bemer, who is facing charges for alleged involvement in a decades-long sex trafficking ring, agreed this week to set aside $25 million in assets to cover potential damages from pending civil cases filed by almost a dozen plaintiffs.The Glastonbury businessman, 63, who owns...
Bruce Bemer, Glastonbury Businessman Accused In Sex Ring, Puts Up $25 Million In Civil Case
Hartford CourantDave AltimariThe Glastonbury business mogul charged in a sex ring operation involving troubled young men has agreed to put up $25 million in assets to cover his potential liabilities stemming from pending civil lawsuits.Several of Bruce Bemer’s accusers have filed lawsuits against him and Bridgeport Superior Court Judge Barbara...