Plaintiffs Drop Lloyd’s From U.S. Suit Over Warehouse After English Ruling

(July 26, 2024, 11:01 AM EDT) -- NEW YORK — A group of defendants whose presence was deemed to cause subject matter jurisdiction problems has been dismissed under a stipulation approved by a New York federal judge in a $41 million suit over whether policies obtained for a warehouse in Afghanistan are insurance or reinsurance and whether fraud or negligence were involved....