Brandon White

Cayman captive Performance Insurance seeks to stay US fraud lawsuits

The liquidators of Cayman Islands captive insurer Performance Insurance Company SPC have applied for Chapter 15 bankruptcy recognition in the U.S. in an attempt to stay two lawsuits in which it has been accused of participating in a scheme involving "counterfeit insurance policies".

Dana Point Youth Baseball v. Ambassador Captive Solutions et al: Class Action Complaint

Class Action Complaint alleging "a scheme to defraud Plaintiff and class members by selling counterfeited and nonexistent insurance policies, which purport to provide general commercial, accident, directors' and officers', auto and other types of insurance to Plaintiff and class members, which primarily include youth sports teams, leagues, and athletes throughout the United States" in Del Obispo Youth Baseball Inc., d.b.a. Dana Point Youth Baseball v. The Ambassador Group LLC, d.b.a. Ambassador Captive Solutions, of Kentucky; Performance Insurance Company SPC, of the Cayman Islands; Brandon White, and Goldenstar Specialty Insurance LLC, of Pennsylvania, at the U. S. District Court for the Central District of California.

State National Insurance Company et al v. Ambassador Captive Solutions et al: Amended Intervening Complaint

Amended Intervening Complaint alleging "complex schemes to counterfeit insurance policies and defraud the public" in State National Insurance Company and National Specialty Insurance Company v. The Ambassador Group LLC, d.b.a. Ambassador Captive Solutions; Brandon White, Performance Insurance Company SPC, of the Cayman Islands; ePremium Insurance Agency, LLC, and Gagliardi Insurance Services, Inc. at the U. S. District Court for the Western District of Kentucky.

Lexington Insurance Company v. Ambassador Captive Solutions et al: Complaint

Complaint alleging "a scheme to counterfeit insurance policies and defraud the public" in Lexington Insurance Company v. The Ambassador Group LLC, d.b.a. Ambassador Captive Solutions; Gagliardi Insurance Services Inc., Goldenstar Specialty Insurance LLC, Performance Insurance Company, of the Cayman Islands, on behalf of Goldenstar Holdings Company SP ad Smart Insure SP, and Brandon White at the U. S. District Court for the Western District of Kentucky.