Judge Denies In Part Attempt By Reinsurers To Get Case Against Them Dismissed

Mealey's (March 16, 2017, 8:09 AM EDT) -- NEW YORK — A federal judge in New York on March 9 denied in part a group of reinsurers’ motion to dismiss claims brought by a group of insureds that allege that the reinsurers’ profit-sharing scheme was designed to circumvent states’ insurance laws (National Convention Services, LLC, et al. v. Applied Underwriters Captive Risk Assurance Company, Inc., et al., No. 15-cv-07063, S.D. N.Y.)....

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