Legal
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The new conduct and governance regime will significantly increase regulatory requirements for brokers from next week.
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The BB&T-owned broker said its rival’s legal case and demand for a restraining order are driven by a “grudge” against a former employee. -
The broker said Carson and CRC launched a “frontal assault” on its business that won’t end without court intervention.
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Chile riots exposure, premium growth at Lloyd's, MS Amlin departures, and more.
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The firm provides real estate investors and developers across Europe, India and the Americas with cover.
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The lawsuit is over the departure of 13 employees who defected to NFP earlier this year.
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An unsuccessful appeal against the claim by 23 former UK executives could encourage similar actions by ex-employees in the US.
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Ricardo Lara urged insurers to be flexible over deadlines for loss notification and the submission of documents.
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The legislation must now be approved by lawmakers in the Senate.
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The Terrorism Risk Insurance Program Reauthorization Act (Tripa) will now go before the US Senate.
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Eight candidates remain on the shortlist to succeed Franchini, according to the Associated Press.
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On Friday this publication revealed that the board of Argo would seek to make insider Kevin Rehnberg the permanent CEO, having earlier appointed him interim chief.
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