Name Dropper.(Investors in Lloyd's suing Lloyd's)

From: Los Angeles Business Journal | Date: March 19, 2001| Author: | Copyright information

American Investors in Lloyd's Of London Sue Over Losses

JOSEPH Barth can still clearly remember the day nearly 20 years ago when he flew to England to the offices of Lloyd's of London, the world famous insurer perhaps best known for its willingness to insure just about any risk.

He had been tipped-off by his accountant to the possibility of becoming a "name," the Lloyd's term for investors in the insurer - actually a collection of independent syndicates - that underwrite its policies by giving unlimited pledges of their personal assets.

While subjecting oneself to ...

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