Renewed Dismissal Bid Fails In Direct Action Case Against Reinsurers

( November 19, 2024, 1:46 PM EST) -- NEW ORLEANS — A Louisiana federal judge on Nov. 18 ruled that allegations that an insurer “is functioning as a fronting company, with the actual risk being transferred to its reinsurers” are sufficient to make dismissal of third-party direct-action claims against the insurer’s unnamed reinsurers “premature.”...