Insurer: Excess Reinsurer Breached Contract In Denial Of Claim Reimbursement

Mealey's (January 11, 2018, 7:22 AM EST) -- MIAMI — An international health insurer alleges in a Dec. 20 complaint filed in a Florida federal court that an excess reinsurer breached its contract by refusing to pay $139,000 for an underlying medical claim paid by the health insurer (VIP Universal Medical Insurance Group Ltd. v. BF&M Life Insurance Company Ltd., et al., No. 17-24633, S.D. Fla.)....

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