Legal
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Jim Beck is accused of reaping $2mn in illegal proceeds through a fraud involving the Georgia Underwriting Association.
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The firm has announced a first-quarter net loss of $37mn bringing common equity down to just $120mn.
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The ratings agency has urged ILS fund managers and reinsurers to improve their levels of pricing differentiation.
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The Bermuda group’s underwriting loss expands more than ninefold to $42.6mn.
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A verdict in the poaching trial is a minimum of three months away after closing statements completed. -
Gavin Mansfield QC says the defence case in the poaching dispute “does not stack up”.
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David Craig QC insists the departing executives were not a “team”.
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Marsh & McLennan Companies is suing 13 of its former staff for breaching the terms of their contract and other issues.
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An appeal court sides with the state insurance regulator over a 2015 sanction.
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An arbitrator ruled the buyout firm is owed $1.2mn for ex-employees’ use of confidential information.
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he new law is expected to hold down rate increases and allow Floridian carriers to book favourable reserve releases.
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The consultation findings will now be scrutinised by the Legislative Council
Most Recent
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Daily Digest: Top news from 18 July
18 July 2025 -
Coverys confirms MGA AEC’s sale to Edge
18 July 2025