Broker Southwest Risk: Dispute with Allied World Settled

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Broker Southwest Risk: Dispute with Allied World Settled

Insurance broker Southwest Risk LP, based in Dallas, announced it has settled a dispute with Allied World Assurance Co.

The announcement released by Southwest Risk did not elaborate on the nature of the dispute but Allied World in July raised allegations concerning the adequacy of information about commercial properties provided to the insurer by Southwest Risk in a lawsuit against reinsurer Hannover Rueck Versicherung AG.

The general counsel for ClearView Risk Holdings LLC, Southwest Risk’s parent company, did not respond to phone and email requests from Insurance Journal for more information about the allegations and the settlement. But Southwest Risk CEO Parker Rush commented in the company’s announcement: “We are pleased to report that after a thorough review of the facts, Allied World has... http://go-travel.ucoz.com/news/southwest_insurance_brokers/2013-06-19-3765