Life Insurers, Investment Companies:  RICO Claim Dismissal Must Be Upheld

Mealey's (January 22, 2020, 1:42 PM EST) -- DENVER — For an appeal in a dispute alleging a reinsurance scheme, life insurers and investment companies argue in separate Jan. 21 appellee briefs that the 10th Circuit U.S. Court of Appeals should affirm a ruling dismissing an investor’s claim under the Racketeer Influenced and Corrupt Organizations Act because that claim is reverse-preempted under the McCarran-Ferguson Act (Albert Ogles v. Guggenheim Investments, et al., No. 19-3154, 10th Cir.)....