Reinsurance Underwriters Ask For Contract To Be Declared Void Ab Initio

(October 1, 2018, 2:19 PM EDT) -- BALTIMORE — In a Sept. 26 complaint filed in a Maryland federal court, underwriters subscribing to a facultative reinsurance certificate seek a declaration that a reinsurance contract is void ab initio based on insurers’ failure to disclose certain information in their application (Certain Interested Underwriters at Lloyd’s London, subscribing to the facultative reinsurance certificate 2017100003409 v. American Casualty Company of Reading, Pa., et al., No. 18-02972, D. Md.)....

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