Insurer, Reinsurer Seek Dismissal By Federal Court Of Injunctive Relief Claim

Mealey's (October 30, 2017, 1:10 PM EDT) -- SAN DIEGO — An insurer and a reinsurer in a joint motion filed Oct. 25 ask a California federal court to dismiss a single claim for injunctive relief against the reinsurer in an action seeking payment of a $3.2 million judgment over alleged breach of reinsurance agreements as a result of a series of fraudulent transfers (Odyssey Reinsurance Co. v. Richard Keith Nagby, et al., No. 16-3038, S.D. Calif., 2017 U.S. Dist. LEXIS 165582)....