Magistrate Judge Says Reinsurer Has To Pay Prepleading Security

(March 17, 2016, 7:53 AM EDT) -- NEW HAVEN, Conn. — A federal magistrate judge in Connecticut on March 10 granted an reinsurer’s motion and ordered that its reinsurer must post a prepleading security, the amount of which is to be determined at a future hearing (Select Insurance Company v. Excalibur Reinsurance Corporation, f/k/a PMA Capital Insurance Company, No. 15-cv-00715, D. Conn.; 2016 U.S. Dist. LEXIS 31264)....

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