Citing Reinsurance Terms, 11th Circuit Declines To Infer ‘Follow-The-Fortunes’

Mealey's (July 6, 2022, 12:49 PM EDT) -- ATLANTA — Saying that “[t]he Reinsurance Agreement contains language that is plainly inconsistent with the follow-the-fortunes doctrine” and declining to infer application of the doctrine, an 11th Circuit U.S. Court of Appeals panel on June 29 affirmed a ruling involving possessory interest and the duties to defend and indemnify....