Litigation between the Marsh group and a former Managing Director of Marsh Global Broking (Bermuda) Ltd., Joseph LaRocco Jr., has been settled just four months after it was started.LaRocco’s complaint was dismissed with prejudice and without costs at the U. S. District Court for the Southern District of New York on May 14, 2008. The terms of the settlement have not been publicly-disclosed.
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Bermuda Insurance Market Joseph LaRocco Jr. Marsh & McLennan Marsh Global Broking (Bermuda) Ltd.