Hiscox wins $1.8mn from former exec for watch-buying scheme
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Hiscox wins $1.8mn from former exec for watch-buying scheme

Hiscox has won a $1.8mn judgment against Yuval Abraham, a former CFO of its Bermuda-based Hiscox Services unit.

The judgment limited Abraham’s access to his finances, capping his living expenses as $2,000 per week, and legal payments at $30,000.

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