Reinsurer Can Sue Alleged US Auto Guarantors: Court

Law360, New York (April 30, 2009, 12:00 AM EDT) -- In a case alleging U.S. Auto Insurance Services Inc. bilked a reinsurance company out of millions of dollars, a judge has refused to dismiss liability claims against several companies that the reinsurer claims guaranteed the insurer's liabilities.

Judge Jane Boyle of the U.S. District Court for the Northern District of Texas issued a mixed order Wednesday on the motion for dismissal of various claims brought by all of the defendants in the case except for U.S. Auto.

The judge granted the defendants' motion for judgment on...
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