Alleged Party To Captive Reinsurance Agreement Moves To Dismiss $7.8M Case

(August 30, 2016, 1:42 PM EDT) -- NEW YORK — An alleged party to a captive reinsurance agreement told a federal court in New York on Aug. 29 that the court does not hold jurisdiction over it and cross-moved for the dismissal of a case brought to force the party to pay a judgment from another suit (AmTrust North America, Inc. and Technology Insurance Company, Inc., as judgment creditors of Pacific Re, Inc. on behalf of its protected cell Pac Re 5-AT v. Safebuilt Insurance Services Inc., No. 16-cv-06033, S.D. N.Y.).

(Brief in...
To view the full article, register now.