Former Underwriter Is Sued Over Facultative Retrocession Deal, Other Allegations

(June 24, 2024, 1:37 PM EDT) -- MIAMI — Asserting claims for breach of contract and unjust enrichment, two affiliated companies sued a former underwriter in Florida federal court over conduct they allege included greatly exceeding his authority by executing a facultative retrocession agreement to cover a risk of more than $44 million....