Magistrate Judge Finds Reinsurer Liable For $2M In Damages In Reimbursement Row

(April 3, 2024, 12:24 PM EDT) -- DALLAS — Concluding that a ceding insurer met the “subjective” notice standard in the parties’ agreement and that a reinsurer failed to show that it was prejudiced by the timing of the notice, a Texas federal magistrate judge dismissed the reinsurer’s claims with prejudice and granted the insurer summary judgment on its counterclaims....

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