Fronting Company Dismisses Suit Against Captive Reinsurer Over Penalty

(October 30, 2023, 10:48 AM EDT) -- NEW YORK — A fronting company voluntarily dismissed a case in which it sought to hold a captive reinsurer responsible for a penalty over what it alleged were $2,207,896 in misdirected payments, filing an Oct. 27 notice in New York federal court....