Broker Sued Over Alleged Failure To Obtain Reinsurance Coverage, Concealment

(October 7, 2022, 1:21 PM EDT) -- DES MOINES, Iowa — Asserting that it suffered “significant damages” because its reinsurance broker allegedly failed to obtain requested reinsurance coverage and “repeatedly avoided disclosing that fact,” an insurer sued in Iowa federal court asserting claims including breach of contract and fraudulent concealment....