Legal
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After losing in the High Court, insurers pin their hopes on the Court of Appeal.
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IAG completed its takeover of RACQ last month.
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Plus, the latest people moves and all the top news of the week.
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A decision in relation to who bears which legal costs will be reached at a later date.
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Ex-Western Europe CRB head Alberto Gallego and colleagues left for a Marsh joint venture.
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The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
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Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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James River said the court was right to dismiss the fraud case.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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The lawsuit has been filed as sales talks with Sompo yielded a deal.