Dominic Frederico sued by ‘victim’ of alleged car accident
Dominic Frederico, President and CEO of Bermuda-based Assured Guaranty Ltd., is being sued for damages at federal court in Philadelphia by the alleged victim of a motor vehicle accident.
Class action law firms circle Spitzer’s ‘kill’
Class action law firms in the United States are targeting at least two Bermuda insurers and their officers as a result of Eliot Spitzer's investigation into alleged bid-rigging at broker Marsh & McLennan.At least three separate class actions alleging securities fraud have already been filed against ACE Ltd. and two against AXIS Capital Holdings Ltd. at federal courts in New York and Pennsylvania.
Dominic Frederico ran ACE unit like a ‘boy’s club’, alleges former employee
ACE Group senior officer Dominic Frederico likes to operate his business unit as a "boy's club" where "women aren't allowed in", according to a former employee.The claim was made in a lawsuit alleging sexual discrimination that was filed recently by Lisa A. Hicks, a former Vice President of Communications of ACE American Insurance Company.
InsideBermuda’s 2002 Bermuda Insurance Executives Compensation Review – James Stanard tops with $17 million
RenaissanceRe Chairman and CEO James Stanard has topped InsideBermuda's annual insurance executive compensation review for the sixth consecutive year with a package valued at $17 million for 2002.His package was 50 per cent higher than the runner-up, his colleague William Riker, with RenaissanceRe officers filling the highest four positions and five of the top six.
James Stanard tops Executive Compensation Review for fifth straight year
RenaissanceRe Chairman and CEO James Stanard has topped InsideBermuda's annual insurance executive compensation review for the fifth straight year with a package valued at $24.4 million for fiscal 2001.
Stanard's compensation was almost three times the value of the runner-up - his colleague at RenaissanceRe, David Eklund, who earned $8.6 million.