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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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American Integrity grew GWP by 30% to $287mn and Slide GWP was up 25% to $435mn in Q2.
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The transaction is expected to close later this year.
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The broker has noted that double-digit reductions are increasingly available in property.
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Matthew Flynn joins from RenaissanceRe.
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Cat bond broking growth contributed to 6% organic growth in reinsurance.
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George Cantlay will also assume the additional position of president of the Bermuda business.
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The broker has nearly 20 years of experience in the reinsurance and retro markets.
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US events accounted for more than 90% of global insured losses.
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In the US, the index fell 6.7% year on year.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.