Suit Over Losses From Fund Tied To Reinsurance Is Dismissed On Stipulation

Mealey's (April 19, 2022, 9:40 AM EDT) -- FORT MYERS, Fla. — Following the parties’ April 13 stipulation of dismissal with prejudice, a Florida federal judge on April 14 dismissed the suit an LLC had filed alleging fraudulent inducement and negligent misrepresentation in connection with its “losses of nearly $20 million” from a fund “tied to the reinsurance business operated by Markel CATCo Reinsurance Limited.”...