Settlement Reported In Reinsurance Broker’s Suit Over ‘Coordinated Raid’

Mealey's ( March 13, 2023, 2:56 PM EDT) -- Related suits in Texas and New York federal courts over what reinsurance broker Guy Carpenter & Company LLC alleged was a “coordinated raid” that created “a mirror image business” have been resolved via a confidential settlement agreement, the parties say in joint notices also seeking temporary stays....

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