LLC Alleges Misrepresentation Over Losses From Fund That Collateralized Reinsurance

Mealey's (December 16, 2021, 10:20 AM EST) -- FORT MYERS, Fla. — An LLC sued former Markel CATCo Investment Management Limited CEO Anthony “Tony” Belisle in a Florida federal court on Dec. 3, alleging fraudulent inducement and negligent misrepresentation in connection with its “losses of nearly $20 million” from a fund “tied to the reinsurance business operated by Markel CATCo Reinsurance Limited.”...