Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger with Towers Watson

USI acquires Texas agency

Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage’s 2016 merger with Willis included a $165 payout to its chief executive. A federal judge in Alexandria, Va. ruled Tuesday… Continue reading Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger with Towers Watson