Reinsurer And Its Former Agent Report Settlement Agreement In Breach Case

Mealey's (September 29, 2022, 1:59 PM EDT) -- NEW YORK — In a Sept. 28 letter reporting that they reached an unspecified “final settlement in principle” regarding their breach of contract dispute, a foreign reinsurer and its former U.S. agent asked a New York federal court to extend their deadline to apply to reopen the case or request that the court retain jurisdiction to enforce the agreement....