insurance

Laoban Co-Owner Sues Mortality Insurers Over Alleged 'Wrongful Denial'

A co-owner of the deceased stallion Laoban (Uncle Mo) is suing a collective of insurance providers in an alleged wrongful denial of coverage case for failing to pay out on mortality policies in the aftermath of the 8-year-old's sudden death 10 months ago. The civil complaint was filed Mar. 22 in Kentucky's Fayette Circuit Court. Paulick Report first broke the story. According to the court filing, Cypress Creek Equine, LLC, wants the defendants--North American Specialty Insurance Company, XL Specialty Insurance Company and Underwriters at Lloyd's, London and Lloyd's Kentucky, Inc.--to...

[ Read More ]
Jockeys' Guild Partners With Colonial Downs

The Jockeys' Guild and Colonial Downs Group have entered into a long-term industry partnership agreement. Under the terms of the multi-year deal, Colonial Downs will contribute to the Guild to help subsidize health insurance, life insurance and temporary disability benefits for members who regularly ride at Colonial Downs, as well as benefits for all jockeys who are members of the Jockeys' Guild and ride in the United States. "The safety of both jockeys and equine athletes is a priority at Colonial Downs," said Jill Byrne, Vice-President of Racing Operations at...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.