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The plaintiffs seek a declaration that part of Marsh recruits’ restrictive covenants are unenforceable. -
The suit asserts the raid will cause “incalculable harm” to the broker.
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Roughly half a year since the LA fires, brokers said there’s hope things are turning around.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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A growing divide in business courts could impact future D&O underwriting, sources said.
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The insurers sent denial letters to the tech company as lawsuits and damages pile up well into the multi-millions.
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The automaker’s insurance arm wrote over $300mn in premium last year.
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The executive said the claims industry is going to “be transformed”.
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Litigation seeks to block insurers from passing assessment costs to consumers.
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Large accounts property remains competitive as pricing softens, Greenberg said.
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It is slim pickings for quality mega deals and the brokerage has an in-built need for speed.
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The insurer denies it is responsible for the actor’s legal fees.
