Mealey's (March 30, 2018, 1:10 PM EDT) -- NEW YORK — An insurer’s settlement of a flood damage claim arising out of construction work and its reimbursement under a captive reinsurance agreement did not breach its contract to insureds, a New York federal judge ruled March 29, dismissing the contract claim along with bad faith and declaratory relief claims (Keller Foundations LLC, et al. v. Zurich American Insurance Co., No. 16-6751, S.D. N.Y., 2018 U.S. Dist. LEXIS 53267)....