QBE settles with former manager Craig Anderson over Herbert Insurance liability

Sun, 10 Mar 2013

By Paul McBeth March 11 (BusinessDesk) - QBE Insurance (International), a unit of Australia's biggest insurer, has settled its battle with former executive Craig Anderson over a $1.5 million liability the firm feared would arise from underwriting business to the failed Herbert Insurance Group. The Employment Court has signed off on a confidential settlement "which disposes of all the issues in these proceedings" and sealed the file, according to a Feb. 21 judgment by Judge Barry Travis. The dispute was sent to the Employment Court at the req...

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