Christopher Seaman

The Capital Z Group has been accused of attempting to "derail" a $132 million litigation settlement as part of a scheme to "extort" $45 million from the settling parties. The allegations were made in recent filings at the U. S. Bankruptcy Court for the Central District of California, where SNTL Corp., formerly Superior National Insurance Group Inc., filed for Chapter 11 bankruptcy protection on April 26, 2000.

Inside Bermuda has received a letter from Inter-Ocean President Mervin Holland in response to allegations made to the media about his company by Superior National Insurance Company President Chris Seaman.Holland was particularly upset at an article that appeared in The Royal Gazette newspaper on September 23 headlined: "Inter-Ocean tried to mug us - US insurer."