Judge Dismisses Reinsurer’s Counterclaims On Rescinding Reinsurance Agreement

Mealey's (July 12, 2019, 1:33 PM EDT) -- NEW YORK — A New York federal judge on July 11 dismissed a reinsurer’s counterclaims seeking a declaration that a reinsurance agreement has been terminated and seeking rescission of that agreement and a return to the status quo pre-contract (AmTrust North America Inc. v. Signify Insurance Ltd., et al., No 18-3779, S.D. N.Y., 2019 U.S. Dist. LEXIS 115576)....