Legal
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal. -
The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable.
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The suit asserts the raid will cause “incalculable harm” to the broker.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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The broker has recruited from its rival as it looks to launch Willis Re 2.0.
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The insurer denies it is responsible for the actor’s legal fees.
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Liberty Mutual, Allianz and Aviva previously had their appeals dismissed.
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Fidelis, Liberty and Hive are among the insurers with the greatest exposure.
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The suit claims billions of dollars are being illegally withheld.
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Ian Roberts joined the law firm in 2013.
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The ruling comes as insurers face growing legal pressures following the January blazes.
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There is a growing disconnect between risk and pricing in the class.
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