Legal
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Judge orders Marsh to stop poaching; prevents 3 top execs from working for Marsh for months amid the hiring dispute. -
Aon will have to wait until November at the earliest to argue the case in Federal Court for its $30bn merger with Willis Towers Watson.
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The London-listed carrier has paid 384 claims of £49,000 each on average.
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Miami-Dade Circuit Judge Michael Hanzman warned of an "allocation issue" between those who have lost loved ones, and those "lucky enough" to have only lost property.
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Marsh claimed Aon is trying to ‘flip the narrative’ from its poor management decisions and uncertain future in its response to the suit.
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Aon’s legal team said it was concerned that the proposed timetable could kill off the deal before the trial begins.
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The CCCS has identified competition concerns around executive pay consulting services.
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The lawsuit accuses Michael Parrish of masterminding the raid, despite still being a paid Aon employee.
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Hiscox has reached a settlement with the Hiscox Action Group (HAG) following a private arbitration process over Covid-19 BI claims.
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Australian insurers are now pursuing a second test case for further clarity on BI policy wording.
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“We are not about to let [the] delay…compromise the deal”, says Latham & Watkins lawyer Dan Wall.
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Lawyers argue the hotel’s claim is similar to that of four pubs against FBD, in which the courts found against the insurer.
