Former hedge fund manager Phil Falcone’s insurance company is suing the whistleblower who precipitated a Texas regulator’s probe of the insurer.
Continental Insurance Group filed the action against its former executive chairman James Corcoran, a former New York State Superintendent of Insurance whom Falcone had hired in 2015 to head up Continental, a subsidiary of HC2 Holdings, where Falcone is the CEO and until recently chairman.
The
