Judge Dismisses Attempt To Invalidate Reinsurance Participation Agreement

Mealey's (October 26, 2017, 10:20 AM EDT) -- SACRAMENTO, Calif. — Insureds failed to allege a specific intent to defraud in a workers’ compensation insurance program, a California federal judge ruled Oct. 17, also denying the insureds’ attempt to invalidate a reinsurance participation agreement (RPA) (Shasta Linen Supply Inc. v. Applied Underwriters Inc., et al., Nos. 16-00158 & 16-01211, E.D. Calif., 2017 U.S. Dist. LEXIS 172638)....