Brokers’ Dismissal, Stay Bids Are Disputed In Row Over Coverage, Fraud Claims

(November 15, 2023, 8:32 AM EST) -- NEW YORK — Claims against brokers are the focus of briefing in a row over whether policies obtained for a facility in Afghanistan are insurance or reinsurance and whether fraud or negligence were involved, with the brokers arguing in New York federal court that the claims should be dismissed or stayed and the plaintiffs contending that the claims are sufficiently stated and there is “no legal basis” for a stay....