Paul Watson

MRM in class action settlement talks

August 31, 2003

Negotiations are underway to settle a class action lawsuit filed by shareholders against Mutual Risk Management and several of its former officers and directors.Details are contained in a filing at the U. S. District Court for the Southern District of California on July 30, 2003 in which the defendants agreed to withdraw their motion to dismiss the complaint.

MRM allegedly offers $100 million to settle Legion claims

October 31, 2002

Mutual Risk Management has made a $100 million offer to the Pennsylvania Insurance Department to settle all claims relating to its subsidiary in rehabilitation, Legion Insurance Co., it has been claimed.Details about the purported offer are contained in the latest of several civil lawsuits filed by clients and shareholders against the MRM group in the United States and Bermuda.

Mutual Risk Management companies fight Companies Act applications

September 30, 2002

Two lawsuits that may be winding up petitions have been filed against companies that are part of the Mutual Risk Management Group.Both actions were filed at Bermuda Supreme Court under The Companies Act 1981, according to a source. This is

MRM insider trades

February 28, 2001

The collapse of Mutual Risk Management's stock price shows the wisdom of several insiders who reported last November that they had exercised options and sold shares for a profit, rather than hang on to them.Records filed with the SEC shows that insiders made a combined profit of $533,133 on the stock market by exercising options at $15.14 per share and selling them for between $17.82 and $18.73.

MRM and insiders snap up the company’s stock

October 31, 1999

Mutual Risk Management and its officers and directors have taken advantage of the recent massive collapse in the company's stock price by aggressively snapping up shares on the open market.

Mutual Risk Management officers in proposed big sell off

May 31, 1999

Insiders at Mutual Risk Management have filed notice with the SEC between March 1 and May 20 that they intend to sell restricted stock with a collective market value of $13.76 million.

Mutual Risk Management officers in heavy selling

January 29, 1999

Senior officers of Mutual Risk Management engaged in heavy selling of their company's stock from November 20-December 14, 1998, collectively off-loading 247,214 shares for $9,121,767 on the New York Stock Exchange.