Nebraska Federal Judge Dismisses All But Breach Claim In Suit Over EquityComp

Mealey's (May 3, 2022, 1:45 PM EDT) -- OMAHA, Neb. — Related moving and storage corporations stated a breach of contract claim regarding a program called EquityComp against one of three defendants based on their allegations that it “significantly raised the ultimate projected claims cost without explanation and in contravention of” a reinsurance participation agreement (RPA), a Nebraska federal judge ruled May 2 in denying dismissal of the claim but otherwise granting the defendants’ motion to dismiss....