Settlement Approved Between Receiver Of Liquidated Reinsurer And Long-Serving TPA

( July 16, 2025, 2:24 PM EDT) -- WILMINGTON, Del. — The Delaware Chancery Court approved a settlement between the receiver for life and health reinsurer Scottish Re (U.S.) Inc. (SRUS) and its third-party administrator (TPA), which had sought to terminate its service agreement with SRUS.  Under the settlement, the parties agree to terminate the disputed administrative services agreement (ASA), and SRUS will waive claims centered on reimbursement disagreements....