After 2 Reinsurers Deny Coverage, District’s Insurer Seeks Declaratory Judgment

Mealey's (May 18, 2022, 10:41 AM EDT) -- COLUMBIA, S.C. — After the South Carolina School Boards Insurance Trust (SCSBIT) sued two reinsurers in South Carolina state court alleging that each argued that the other’s policy covered the claims at issue, one reinsurer on May 10 removed the case to South Carolina federal court and filed its answer, and the other filed an answer on May 11....