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Investors filed the proposed securities class action last March following the delisting of $1.2bn in preferred shares. -
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The resort’s owner said it had settled its dispute with XL, Lloyd’s underwriters and US Fire over a Hurricane Irma claim.
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The carriers claim in a lawsuit that Maiden wrongfully stopped paying claims in late 2018.
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In an unrelated incident, another Erie employee was dismissed over criminal charges involving invasion of privacy.
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On Thursday morning, Travelers reported EPS of $3.32 versus $2.13 YoY and a headline beat versus analyst consensus of $3.29, in part driven by low catastrophe losses (thanks to an aggregate reinsurance recovery).
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Staff must honour notice periods and restrictive covenants.
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The ruling is another blow to McGriff in its battle over the loss of senior employees to the rival.
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The lawsuit over $74mn in losses from a 2013 data breach is closely-watched by the cyber insurance market.
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CAC asked a judge to throw out a suit over the hiring of 30 employees and leave allegations involving Mike Rice to arbitration.
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The carrier said the blunder last August caused widespread disruption to its business.
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The dispute concerns whether insurers should pay out for damage from fire-related pollution.
