Marsh McLennan
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A motion to dismiss argues the case should not have been filed in federal court. -
The policy includes a $200mn limit with an additional $100mn for side A coverage.
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Investors recalibrate their expectations for the segment as the soft market approaches.
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The case is the latest in a series of lawsuits alleging Alliant raided MMA for talent.
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Several Lloyd’s syndicates are also now providing cover for the federal insurer.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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Fears relating to an economic downturn continue to dominate concerns.
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The company has been growing rapidly since the summer, with at least 300 currently employed.
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Marsh has accused its former execs of flouting a preliminary injunction.
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Last month, Insurance Insider US revealed that MMA was set to buy Atlas following a sale process.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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GC continues to pursue Willis Re and individuals in court.
