Insurer Seeks Stay Of Case With Reinsurers Due To Rehabilitation Proceedings

Mealey's (June 26, 2019, 3:27 PM EDT) -- SAN JUAN, Puerto Rico — An insurer asks in a June 20 motion that a Puerto Rico federal judge issue a 90-day stay of its lawsuit against various reinsurers regarding losses from two hurricanes in light of the recent rehabilitation proceedings initiated against the insurer (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico)....