( September 24, 2025, 7:42 AM EDT) -- PHILADELPHIA — A Third Circuit U.S. Court of Appeals panel denied the petition of a reinsurer and three former executives to rehear its decision to vacate a lower court’s discovery and summary judgment rulings in investors’ suit against the reinsurer and executives over allegations that they violated federal securities laws by omitting historical loss ratios from loss reserves disclosures; the panel had found that the omitted historical loss ratios were material and that discovery had not been completed....