Ceding Insurers Dismiss Suit Seeking Relief Under Reinsurance Agreements

Mealey's (February 17, 2021, 11:39 PM EST) -- SAN FRANCISCO — Ceding insurers that filed a suit in California federal court seeking a declaration that a loss portfolio transfer does not cancel or affect their rights under reinsurance agreements on Feb. 1 notified the court that they were voluntarily dismissing their suit....