Legal
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The City Council is working with RMS to improve the quality of its protection.
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The lawsuit against carriers including Chubb, Allianz and Markel follows the passage of NY’s Child Victims Act.
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The US suit alleges syndicates operated like “divisions of one corporation” rather than competitors.
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The carrier also installs James Stack as Pacific region CEO.
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Jose Ramon Gonzalez will report directly to chairman and CEO Dino Robusto.
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The new Dajia Insurance Group has 20.4bn yuan ($3bn) in initial capital, with the China Insurance Security Fund taking a majority stake.
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The Puerto Rican insurer is battling reinsurers in federal court over coverage for hurricanes Irma and Maria.
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Alliant engaged in “subterfuge” and engineered resignations of 26 Lockton employees to target its rival’s clients, a judge found.
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The casino giant says it is at risk of “losing valuable witnesses and attorneys” in legal battles with more than 4,000 claimants.
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In her complaint, the woman had claimed she was groped and subjected to disparaging and sexualised remarks.
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Documents filed in the High Court reveal JLT Specialty lost 47 staff to Hyperion, with the claimant alleging conspiracy.
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The review will seek to prevent firms facing dual demands from regulators.
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