Insurer Argo Beats Investor Suit Over Reserve Estimate Risks
By Katryna Perera ( December 13, 2024, 7:53 PM EST) -- A New York federal judge has dismissed a proposed investor class action against Argo Group International Holdings Ltd. and its executives, finding that the insurance firm adequately disclosed the risks and uncertainties in its reserve estimations and that a 2017 review of underwriting guidelines did not contradict its reserve management statements....
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