Captive Cell Reinsurer Is Allowed To Intervene In Row Between Insurer And MGA

(December 13, 2023, 7:38 PM EST) -- NEW ORLEANS — After a Louisiana federal magistrate judge found that a captive cell reinsurer “is entitled to intervene as of right” in an insurer’s case against a managing general agent (MGA), the reinsurer filed an intervenor complaint for breach of contract and declaratory judgment alleging that it is due most premium income purportedly held by the MGA....

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