Aon has filed a lawsuit alleging breach of restrictive covenants against a quartet of its former property executives led by Al Tobin after they joined Alliant Insurance Services earlier this month.
Carlyle-backed JenCap Holdings has agreed to buy privately held MGA, program administrator and wholesale broker Genesee General, The Insurance Insider can reveal.
The International Group of protection and indemnity clubs is set to run a broker tender process for its risk transfer arrangements, The Insurance Insider can reveal.
As AmTrust stumbled from one crisis to another last May there was much talk in industry circles about the long-term future of an insurer that had lost the confidence of its outside investors