Legal
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To foster industry innovation, state insurance regulators also need to innovate.
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The threat of a lawsuit grows as unpaid ECP liabilities hit £1.5mn.
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The marine intermediary is subject to a Section 166 review.
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Insurers pressed for 28% workers’ comp rate cut to reflect lower costs and taxes.
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The company, however, claims it is using an independent party.
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Wu Xiaohui has contested the 18-year conviction handed out earlier this month.
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The carrier already has a branch in Brussels, alongside outposts in Bermuda, Denmark, France, Germany, Ireland, Italy, Spain, Sweden and the UK.
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Institutional Shareholder Services called for shareholders to block the deal last week, but the deal has been supported by Glass Lewis.
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The shareholder advisory service singles out the special committee assessing the bid for criticism.
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Four states have tried to pass measures but only Illinois' is technically still alive.
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An appeals panel returns case to trial court citing error on California law.
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The company reveals it is involved in six lawsuits relating to the proposed $2.7bn take-private deal.
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