Insurer Improperly Took $7M From Letter Of Credit, Court Told

By Ganesh Setty · July 18, 2025, 5:16 PM EDT

A unit of a Qatar-based insurance company accused a U.S.-based insurer in North Carolina federal court of improperly drawing down roughly $7 million from a letter of credit that was part...

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Documents

Case Information

Case Title

Antares Reinsurance Company Limited v. Clear Blue Insurance Company

Case Number

3:25-cv-00517

Court

North Carolina Western

Nature of Suit

Insurance

Date Filed

July 16, 2025