Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the...
Porch sues Gallagher over brokers' role in Vesttoo reinsurance transactions
Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the Vesttoo reinsurance letter of...
Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the Vesttoo reinsurance letter of...
Article / 2 days ago
Aon calls Clear Blue's amended Vesttoo fraud lawsuit "an attempt to distract"
Aon has again called for fronting specialist Clear Blue Insurance's lawsuit against it, related to the reinsurance letter of credit (LOC) fraud...
Aon has again called for fronting specialist Clear Blue Insurance's lawsuit against it, related to the reinsurance letter of credit (LOC) fraud...
Article / 7 days ago
Insurer in Full: Leadenhall lobs a legal grenade into the 777 camp but won’t be immune from the fallout
On its 20+ year journey to becoming an integral component of the global (re)insurance market, the $100bn ILS sector has had to overcome a number of reputational hazards along the way...
On its 20+ year journey to becoming an integral component of the global (re)insurance market, the $100bn ILS sector has had to overcome a number of reputational hazards along the way...
Article / 9 days ago
Leadenhall sues 777 Partners & related persons/entities over collateral fraud
Leadenhall Capital Partners LLP, the London-headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager, has...
Leadenhall Capital Partners LLP, the London-headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager, has...
Article / 10 days ago
Clear Blue updates Aon complaint, claims broker solicited Vesttoo engagement
Clear Blue Insurance has amended its complaint against Aon, in the New York court lawsuit related to the reinsurance letter of credit (LOC) fraud...
Clear Blue Insurance has amended its complaint against Aon, in the New York court lawsuit related to the reinsurance letter of credit (LOC) fraud...
Article / 15 days ago
Vesttoo case: Constructive trust & cell issues persist, as JPL's object to settlements
The joint provisional liquidators (JPL’s) to the cells of the Aon White Rock SAC vehicle that were affected by the Vesttoo letter of credit (LOC) in...
The joint provisional liquidators (JPL’s) to the cells of the Aon White Rock SAC vehicle that were affected by the Vesttoo letter of credit (LOC) in...
Article / 3 months ago
Vesttoo creditors, Beazley, Porch settle on bankruptcy plan & Vesttoo Bay XIX funds
Another settlement agreement has been reached between the Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case and two of the...
Another settlement agreement has been reached between the Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case and two of the...
Article / 3 months ago
Vesttoo creditors, Chaucer settle over $18.9m funds & segregated cell ownership
Another settlement has now come to light thanks to the mediation between Vesttoo bankruptcy creditors, with specialty insurance and reinsurance...
Another settlement has now come to light thanks to the mediation between Vesttoo bankruptcy creditors, with specialty insurance and reinsurance...
Article / 3 months ago
Vesttoo creditors, Clear Blue settle on bankruptcy plan and Vesttoo Bay XIV funds
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has reached a proposed settlement with fronting specialist Clear Blue
The Official Committee of Unsecured Creditors in the Vesttoo bankruptcy case has reached a proposed settlement with fronting specialist Clear Blue
Article / 3 months ago
Chaucer wants Delaware Court to uphold Bermuda’s segregated cell principles
The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions...
The conflict between US and Bermuda legal systems offers no easy route for counterparties to fraud-impacted transactions...
Article / 3 months ago