Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition July 17, 2024 By L.S. Howard Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300...
Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute April 19, 2024 By L.S. Howard James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty...
Update: James River Files Suit Against Fleming for Failing to Close Purchase of JRG Re March 11, 2024 By L.S. Howard James River Group Holdings Ltd. announced it has filed a lawsuit against Fleming Intermediate Holdings for its failure to complete...
AM Best Downgrades Ratings of JRG Re; James River Group Gets Negative Outlook January 2, 2024 AM Best has downgraded the financial strength rating of JRG Reinsurance (JRG Re) to B++ (Good) from A- (Excellent) and...
Update: James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming for $277M November 8, 2023 James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its...
James River Sells Individual Risk Workers Comp Renewal Rights to Amynta Group September 26, 2023 James River Group Holdings Ltd. said some of its subsidiaries have entered into an agreement to sell the renewal rights...
James River Reserve Charge, ‘Strategic Actions’ Won’t Damage AM Best Rating March 3, 2022 AM Best announced March 1 that the rating agency won’t change the A- (Excellent) financial strength ratings for the operating...
Virginia Environmental Groups Sue Over James River Pollution December 10, 2021 Two conservation organizations have filed a federal lawsuit against Henrico County in Virginia, alleging the county allowed tens of millions...
Judge OKs $15M Settlement in Arizona Over Rape of Incapacitated Woman June 17, 2021 By Jacques Billeaud A judge has approved a $15 million settlement against a doctor in a lawsuit by the parents of an incapacitated...
James River Names Former Allied World Executive D’Orazio as CEO, Succeeding Abram October 29, 2020 James River Group Holdings Ltd. announced that Frank D’Orazio has been named chief executive officer of the company, effective Nov....