WR Berkley sues former controller AVP Stanley to recapture $0.5mn in stock
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WR Berkley sues former controller AVP Stanley to recapture $0.5mn in stock

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Specialty carrier WR Berkley has sued its former controller and assistant vice president Bruce Stanley, aiming to recapture almost $500,000 in stock the company granted the executive over from 2004 to 2017.

The insurer argues that the executive breached his restrictive covenants when he left his job at its subsidiary Continental Western Group (CWG) last June, taking on the role of vice president of financial planning and analysis at EMC Insurance,...

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