Insurers Denied Certification For Appeal Of Ruling In Reinsurer’s Rehabilitation

Mealey's (July 21, 2020, 12:30 PM EDT) -- WILMINGTON, Del. — Noting the “many moving pieces at this stage of a complex insurance receivership proceeding,” a Delaware chancellor on July 20 denied certification to life insurers of an interlocutory appeal of a ruling in a reinsurer’s rehabilitation over offsets or recoupment of reinsurance premiums and claim payments under a settlement agreement (In matter of Scottish Re [U.S.], Inc. in rehabilitation, No. 2019-0175-AGB, Del. Chanc., 2020 Del. Ch. LEXIS 243)....