July 06, 2023
A medical reinsurer cannot escape its coverage obligations to its ceding life insurer because it failed to show it was prejudiced by the insurer's late notice of an underlying claim that snowballed into an $8 million class action settlement, the insurer told a Texas federal court.
May 31, 2023
A reinsurer should escape coverage obligations to a medical insurer because it is not required to show it was prejudiced by the medical insurer's late notice of an underlying claim, the reinsurer told a Texas federal court.
April 19, 2022
A medical reinsurer told a Texas federal court that it should have no coverage obligations to its ceding insurer because it only notified it of a billing dispute that escalated to an $8 million class action settlement years after the suit was first filed.