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A plaintiff says its insurance broker left it financially exposed when a fire consumed an oceanfront residence, and wants $8.5 million in damages. (BizSense Pro required) ....
Claims People: Sovereign Claims, AmTrust International, Gordon & Rees, McGuireWoods February 22, 2021 Sovereign Claims Appoints 2 Executives Sovereign Claims, a risk management consulting firm based in New York, has appointed Neal Conolly as president and John Humphreys as chief claims officer. Founder Timothy Gallagher, who previously served as president, will now serve as chief operating officer. Humphreys will oversee claims administration and provide strategic direction in the management of resources. He joins Sovereign Claims following more than 30 years in the property and casualty insurance industry with both legal experience and national and international executive claims experience. He has led legal groups in the United States, Canada and United Kingdom for Travelers Insurance Co. where he most recently served as senior vice president and claim general counsel, Sovereign said in a press release. ....