Court Keeps Jurisdiction Over Reinsurer’s Settlement With Its Former Agent

Mealey's (October 18, 2022, 10:44 AM EDT) -- NEW YORK — A New York federal judge on Oct. 17 agreed to retain jurisdiction to enforce a settlement and release agreement that resolved a breach of contract dispute between a foreign reinsurer and its former U.S. agent; under the agreement, the former agent will receive more than $34.96 million....