Texas Federal Judge Dismisses Breach Of Contract Claim Tied To Vesttoo Collapse

( April 8, 2025, 8:26 AM EDT) -- DALLAS — Finding that portions of a 2017 reinsurance authorization agreement do not support a homeowners insurer’s interpretation or allegations, a Texas federal judge granted a reinsurance broker’s motion to dismiss a breach of contract claim tied to the collapse of Vesttoo Ltd., also denying as moot a claim against a voluntarily dismissed party....