ProSight demands bank statements in $3.5mn spat with MGA
US specialty carrier ProSight is accusing one of its programme
managers of stealing what could be more than $3.5mn after failing
to hand over premiums it had taken on the insurer's behalf.
The case was originally filed in March last year after
commercial trucking underwriting manager American Underwriting
Services and its president James Wiley allegedly admitted the money
must have been used to pay business costs.
In court filings, ProSight claimed the troubled relationship
between the two firms
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