Diane Hendricks

Insurance officers David Alexander and Glenn Partridge conspired to defraud a participant in one of Mutual Risk Management's rent-a-captive programs, a Bermuda judge has ruled.

Judgment in the case of American Patriot Insurance Agency Inc., Kenneth Hendricks, and Diane Hendricks against Mutual Holdings (Bermuda) Limited, Mutual Indemnity (Bermuda) Limited, Glenn Partridge, David Alexander, Andrew Walsh, and Richard Turner at The Court of Appeal for Bermuda.

The now defunct Mutual Risk Management group has won a legal battle with a former client of its rent a captive program.In a judgment at Bermuda Supreme Court on July 9, 2010, Acting Puisne Judge Geoffrey Bell dismissed a claim

Mutual Risk Management has filed a bankruptcy petition in the United States and is seeking an automatic stay of all of the legal proceedings that have been filed against it and a ban on new actions.

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.