Judge Refuses To Dismiss Breach Of Good Faith Claim Against Runoff Insurer

Mealey's (September 4, 2019, 10:42 AM EDT) -- NEW YORK — While dismissing the majority of a reinsurer and its entities’ counterclaims, a New York federal judge on Sept. 3 allowed a breach of good faith and fair dealing counterclaim against a runoff insurer to survive in a case over the misuse and mismanagement of $320 million (In re Platinum-Beechwood Litigation; Senior Health Insurance Company of Pennsylvania v. Beechwood Re Ltd., et al., No. 18-6658, S.D. N.Y., 2019 U.S. Dist. LEXIS 149708)....