INTERNATIONAL

British Courts Have Jurisdiction, Lloyd’s Insists: Lloyd’s of London, the world’s biggest insurance market, is trying to avoid legal action on both sides of the Atlantic by insisting on the exclusive jurisdiction of British courts. Currently defending its first suit ever in London’s High Court and rocked by other pending cases against its agents, Lloyd’s last week sought injunctions against two members who threatened to take it to court in the United States to recover underwriting losses. Richard Prior, deputy attorney for Lloyd’s, said it sought an injunction to stop U.S. member Ronald Riley from continuing proceedings begun last week in Denver and to stop another, Dale Jenkins, from canvassing others to support proposed legal action, possibly in New York.