Note Holder: Reinsurance Participation Agreement Is Not Void, Unenforceable

Mealey's (March 8, 2018, 10:50 AM EST) -- LINCOLN, Neb. — Contrary to a reinsurer’s argument that a promissory note executed pursuant to a reinsurance participation agreement (RPA) is void and unenforceable, a New Jersey company says in a March 2 brief in Nebraska federal court that the RPA is not an insurance policy that was required to be filed with state insurance officials (Applied Underwriters Inc. v. Top’s Personnel Inc., No. 15-90, D. Neb.)....