Legal
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Private equity backer Genstar plans to keep a majority shareholding.
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The brokerage sought a court order blocking its competitor from taking on seven partners and other workers.
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Intervention by Puerto Rican insurance officials comes as Integrand takes its reinsurers to court. -
Ardonagh's defence barrister questions AJG's UK CEO Simon Matson on the third day of a poaching case.
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Both the state Senate and House of Representatives have drafted bills to tackle the issue.
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In the second day of AJG’s suit against Ardonagh, the defendant said there was nothing untoward about Peter Burton’s acceptance of a £625,000 loan.
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The free documents aim to make partnerships between incumbents and InsurTechs more transparent.
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Applied Underwriters has reportedly been under investigation since as early as May.
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The island had been “grey listed” in December 2017.
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The case is the second round of a bitter legal battle between the two firms.
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High-profile events are prompting a proliferation of securities lawsuits, but many don’t stick.
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The carriers argue the historic allegations are not covered by the diocesan general liability policies.
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