Mealey's (June 27, 2018, 1:45 PM EDT) -- LINCOLN, Neb. — In a breach of contract dispute, a reinsured showed that it made a “prompt application” to set aside a default judgment entered in favor of a reinsurer and demonstrated a meritorious defense, the Nebraska Supreme Court ruled June 22, reversing and remanding with directions to vacate the default judgment (Applied Underwriters Captive Risk Assurance Company Inc. v. Oceanside Laundry LLC, No. S-17-576, Neb. Sup., 2018 Neb. LEXIS 118)....