ARMA wins insurance settlement.

• Position: ARMA International vs Chicago Insurance Co - Brief Article

ARMA International has been successful in forcing a $250,070 insurance claim settlement from Chicago Insurance Co. resultant from losses associated with the 2001 ARMA International Conference and Expo held in Montreal. The losses stemmed from the deleterious effect of the terrorist attacks of September 11, 2001. Conference registration cancellations totaled nearly $258,000. ARMA filed claim for the losses with the insurance company, only to be stymied in the claims review process. Chicago Insurance Co.'s initial settlement offer of approximately $1,800 was dismissed by ARMA as...