Reinsurer Seeks Partial Dismissal Of Run-Off Insurer’s $320M Mismanagement Case

Mealey's (February 1, 2019, 1:16 PM EST) -- NEW YORK — A reinsurer and its entities argue in a Jan. 29 reply brief that a run-off insurer fails to assert claims for breach of fiduciary duty and fraud in a New York federal court dispute over the alleged mismanagement and misuse of $320 million (Senior Health Insurance Company of Pennsylvania v. Beechwood Re Ltd., et al., No. 18-6658, S.D. N.Y.)....