Insurer Seeks Judgment On Bank’s Misrepresentation Of Reinsurance Funds Mishandling

Mealey's (September 22, 2017, 1:44 PM EDT) -- COLUMBIA, S.C. — An insurer on Sept. 20 moved for summary judgment in a South Carolina federal court on its negligent misrepresentation claim against a bank accused of mishandling reinsurance funds and also opposes the bank’s request for summary judgment “on the basis of a cherry-picked and one-sided record” (Companion Property and Casualty Insurance Co. v. U.S. Bank National Association v. Redwood Reinsurance Spc. Ltd., et al., No. 15-01300, D. S.C.)....