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Policyholders are homing in on loose policy wordings to convince courts that insurers have acted in bad faith. -
Gary Boss is based in New York, and Ashley Prebble works at the law firm’s London office.
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The former LatAm and Caribbean chair, who moved to Guy Carpenter, has failed to nullify non-solicitation clauses.
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The larger broker says it lost more than $6.5mn in revenue after leaders “solicited” colleagues and clients.
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The restaurant chain is seeking over $50mn from the insurer to cover expenses arising from Covid-19.
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The move follows the brokers’ submission of a remedies package last week to allay competition concerns.
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A New York court has ruled that the names of two clients who are friends with a broker who has left Willis Re to join rivals TigerRisk can be published.
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Senator Jeff Brandes and local insurance law experts tell this publication that the state’s insurance market will be hugely vulnerable without reform.
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The InsurTech alleges that John Loeber, Alex Becker and Shea McNamara stole trade secrets and competed against the company while still on its payroll.
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Seth Kirby, previously a partner and insurance litigator at Freeman Mathis & Cary, joins the agency.
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The regulator raps the UK division for failure to disclose insurance giant’s holdings in Powergrid and Munich Re.
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Shareholders have until May 18 to apply to the court to be a lead plaintiff in the case.
