Judge Sets Trial Schedule For Run-Off Insurer’s Case Against Reinsurers, Owners

Mealey's (September 20, 2018, 11:30 AM EDT) -- NEW YORK — A New York federal judge on Sept. 7 told an insurer in run-off and reinsurers that they should be ready by April 2019 for trial of the insurer’s allegations that the reinsurers, their affiliates and their current and former owners, officers and insiders misused and mismanaged $320 million in investments (Senior Health Insurance Company of Pennsylvania v. Beechwood Re Ltd., et al., No. 18-06658, S.D. N.Y.)....