Insurer challenges court order

London insurance firm Crowley Colosso is waiting to hear whether its appeal against a High Court negligence finding has succeeded. In 1992, Hurricane Andrew tore through the Bahamas causing extensive damage to a US$16m leisure development by American Paul Tudor Jones II. When insurance claims were made, only Sun Alliance, the lead underwriter, agreed to pay, leaving 80 per cent of the claim unmet. Now Crowley Colosso, which placed the insurance, is appealing against a High Court order that it pay US$684,179 as a percentage of the unmet claims.