David Alexander

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    Chartis Excess Limited: Chapter 15 Petition

    Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Ireland by Alexander Rosati, as the Foreign Representative of Chartis Excess Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

    Mutual Indemnity boss fights bid to take his testimony

    David Alexander, President of Mutual Indemnity (Bermuda) Ltd., is fighting an attempt by two insurers to take his testimony for a yet-to-be-filed lawsuit in the United States. A petition to take his testimony and collect evidence from Mutual Indemnity was filed by Aegis Corporation and Principal Insurance Managers, Inc., both of Brookfield, Wisconsin, at the U. S. District Court for the Eastern District of Pennsylvania on November 3, 2004.

    MRM allegedly offers $100 million to settle Legion claims

    Mutual Risk Management has made a $100 million offer to the Pennsylvania Insurance Department to settle all claims relating to its subsidiary in rehabilitation, Legion Insurance Co., it has been claimed.Details about the purported offer are contained in the latest of several civil lawsuits filed by clients and shareholders against the MRM group in the United States and Bermuda.

    Mutual Risk Management companies fight Companies Act applications

    Two lawsuits that may be winding up petitions have been filed against companies that are part of the Mutual Risk Management Group.Both actions were filed at Bermuda Supreme Court under The Companies Act 1981, according to a source. This is

    $3 m of MRM assets frozen, two new lawsuits filed

    A United States-based trucking concern has obtained a $3 million asset freeze order against the financially troubled Mutual Risk Management group. Bermuda Supreme Court issued the order on April 25, 2002 after an application that same day by Franklin Logistics Inc.