Suit Against Former Underwriter Gets Quick Toss Over Jurisdictional Issues

(June 27, 2024, 11:41 AM EDT) -- MIAMI — Outlining “two deficiencies” in the jurisdictional allegations, a Florida federal judge dismissed without prejudice a suit that two affiliated companies filed against a former underwriter over conduct they allege included greatly exceeding his authority by executing a facultative retrocession agreement to cover a risk of more than $44 million....