http://www.lexisnexis.com/mealeys/news.aspx Headline Reinsurance Legal News from LexisNexis® en-us http://www.lexisnexis.com/mealeys/images/lexismealeyslogo.gif 130 29 http://www.lexisnexis.com/mealeys/news.aspx Copyright 2020 http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%201%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' WILMINGTON, Del. - A Delaware vice chancellor on Jan. 31 dismissed as untimely a class's claim under the Delaware Uniform Fraudulent Transfer Act (DUFTA) regarding $395 million in dividends that a long-term care insurer paid from 2012 to 2014 (Richard F. Burkhart, et al. v. Genworth Financial Inc., et al., No. 2018-0691, Del. Chanc., 2020 Del. Ch. LEXIS 44). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%202%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' BOSTON - A Cayman Islands captive insurance company sued an underwriting management organization on Jan. 29 in a Massachusetts federal court, alleging fraudulent concealment and intention concerning the binding of a medical stop loss excess reinsurance contract (Wellforce Indemnity Company Ltd. v. Starline USA, LLC, No. 20cv10173, D. Mass.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%203%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York federal judge on Jan. 31 dismissed two defendants from allegations brought by the liquidators of two hedge funds regarding the defendants' role "with one of the most spectacular hedge fund collapses" (In re Platinum-Beechwood Litigation, No. 18-6658, Martin Trott, et al. v. Platinum Management [NY] LLC, et al., No. 18-10936, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%204%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York justice on Jan. 6 dismissed in part claims brought by a health care management company and nursing home affiliates in a lawsuit accusing insurers of engaging in "a willful scheme to subvert the insurance laws" in multiple states involving unapproved agreements, letters of credit and a captive reinsurance program that altered the rates in regulator-approved insurance policies (National Health Care Associates, Inc., et al. v. Liberty Mutual Insurance Co., et al., No. 650272/2018, N.Y. Sup., New York Co., 2020 N.Y. Misc. LEXIS 248). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%205%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' DALLAS - A Texas federal judge on Jan. 21 granted default judgment to a reinsurer on its claims for aiding and abetting breach of fiduciary duty and for tortious interference with contract with regard to unreturned premiums under auto insurance policies (Lincoln General Insurance Co. v. U.S. Auto Insurance Services, Inc., et al., No. 16-03198, N.D. Texas). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%206%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SCRANTON, Pa. - In a breach of contract dispute, parties tell a Pennsylvania federal judge in a Jan. 20 stipulation of dismissal that they reached a settlement of the $1.1 million dispute that arises out of several insurance, reinsurance and indemnity agreements for a U.S. Custom Bonds program (Aegis Security Insurance Co. v. Kingsway Financial Services Inc., No. 16-1555, M.D. Pa.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%207%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' BALTIMORE - A family trust asks a Maryland federal court on Jan. 28 to deny a motion by plaintiffs in consolidated cases concerning an alleged life insurance fraud scheme that shifted debt to reinsurers requesting final approval of a class action settlement unopposed by life insurers that "will make available over $40 million in settlement benefits" (Richard Dickman, et al. v. Banner Life Insurance Co., et al., Nos. 16-192 & 17-2026, D. Md.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%208%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' JASPER, Ala. - In six sexual misconduct lawsuits filed by former prison inmates, an Alabama federal judge on Jan. 23 dismissed claims in four of the lawsuits for declaratory judgment as creditors of an insurer's rights under reinsurance agreements because there is no jurisdiction over the state law claims (Stacey Bridges v. J.C. Poe Jr., et al., No. 19-529, Charity Tessener v. J.C. Poe Jr., et al., No. 19-1314, Jessica Rainer v. J.C. Poe Jr., et al., No. 19-1392, Whitley Goodson v. J.C. Poe Jr., et al., No. 19-1399, Megan Dunn v. J.C. Poe Jr., et al., No. 19-1571, Allison Mann v. J.C. Poe Jr., et al., No. 19-1961, N.D. Ala., 2020 U.S. Dist. LEXIS 11240). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%209%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' BATON ROUGE, La. - A Louisiana federal magistrate judge on Jan. 28 ordered an insurer to turn over reinsurance information he found to be relevant to an insured's bad faith coverage dispute over property damage sustained from Hurricane Maria (Lamar Advertising Co. v. Zurich American Insurance Co., No. 18-1060, M.D. La., 2020 U.S. Dist. LEXIS 13891). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2010%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' BOSTON - A reinsurer and an English reinsurer ask a Massachusetts federal court in a Jan. 28 motion for a stay of counterclaims against the English reinsurer concerning allocation and billing of environmental claims because a bankruptcy court order was issued against the English reinsurer (Certain London Market Company Reinsurers v. Lamorak Insurance Co., No. 18-10534, D. Mass.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2011%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A runoff insurer on Jan. 22 dismissed its appeal to the Second Circuit U.S. Court of Appeals regarding four orders over the advancement of fees and expenses under investment management agreements (IMAs) for third-party actions arising out of the runoff insurer's initial fraud lawsuit over the mismanagement and misuse of $320 million (B Asset Manager L.P., et al. v. Senior Health Insurance Company of Pennsylvania, No. 19-4239, 2nd Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-19%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2012%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' ST. JOSEPH, Mo. - On Feb. 3, a federal judge in Missouri granted in part an attorney's motion for attorney fees as a lien against a farmer's $1.4 million arbitration award against a federally reinsured crop insurer for corn crop losses but required the attorney to provide better itemization of his costs (Great American Insurance Co. v. Jonathan Russell, No. 16-9001, W.D. Mo.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%201%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - While hedge fund liquidators' counsel "acted in blatant disregard" in an opposition brief to a corporate insider's motion to dismiss claims concerning the hedge fund's misuse and mismanagement, a New York federal judge on Jan. 13 denied monetary sanctions on "the possibility that counsel were simply carried away by overzealousness rather than acting in bad faith" (In re Platinum-Beechwood Litigation, No. 18-6658, Martin Trott, et al. v. Platinum Management [NY] LLC, et al., No. 18-10936, S.D. N.Y., 2020 U.S. Dist. LEXIS 5676). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%202%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' DENVER - For an appeal in a dispute alleging a reinsurance scheme, life insurers and investment companies argue in separate Jan. 21 appellee briefs that the 10th Circuit U.S. Court of Appeals should affirm a ruling dismissing an investor's claim under the Racketeer Influenced and Corrupt Organizations Act because that claim is reverse-preempted under the McCarran-Ferguson Act (Albert Ogles v. Guggenheim Investments, et al., No. 19-3154, 10th Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%203%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - Insurers on Jan. 10 told a New York federal court that they are voluntarily stipulating to the dismissal of an investment company from their third-party lawsuit, which arises out of a dispute originally filed by a receiver seeking redress for damages from of a "massive fraudulent scheme" involving hedge funds (In re Platinum-Beechwood Litigation, No. 18-6658, Washington National Insurance Co., et al. v. Mark Nordlicht, et al., No. 18-12018, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%204%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - An insurer in Jan. 15 brief asks a New York federal court for summary judgment on its claims against a reinsurer for breach of its obligation to post $1.6 million in collateral under a reinsurance agreement and to declare that the reinsurer remains required to post that collateral (AmTrust North America Inc. v. Signify Insurance Ltd., et al., No 18-3779, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%205%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' RIVERSIDE, Calif. - An insurer and a reinsurer tell a California federal judge in Jan. 16 joint status report that they have selected individual arbitrators and are choosing an umpire for arbitration of a breach of contract case over $8.6 million in equipment breakdown claims (Nationwide Agribusiness Insurance Co. v. The Hartford Steam Boiler Inspection and Insurance Co., No. 19-00531, C.D. Calif.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%206%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN JUAN, Puerto Rico - Reinsurers in Jan. 21 opposition briefs argue that a Puerto Rico federal judge should deny an insolvent insurer's liquidator motion to alter a decision sending a $150 million hurricane loss case to arbitration because there was no manifest error with the ruling (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%207%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - The U.S. government argues in a Jan. 7 opening brief that the Second Circuit U.S. Court of Appeals should reinstate securities fraud convictions against two former executives of a hedge fund with regard to their alleged role in the hedge fund's scheme to transfer assets to a reinsurance company and related entities to defraud bondholders in an oil and gas company (United States of America v. Uri Landesman, et al., No. 19-3207 c/w 19-3209, 2nd Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%208%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York federal bankruptcy judge on Jan. 13 closed an Irish reinsurer's bankruptcy proceeding that recognized a foreign main liquidation proceeding concerning an alleged $1 billion deficit (In re Ballantyne Re Plc, Chapter 15, No. 19-11490, S.D. N.Y. Bkcy.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%209%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A New York federal judge on Jan. 13 dismissed a third-party defendant from a runoff insurer's allegations of aiding and abetting in a Ponzi-like scheme where fraudulent misrepresentations were made to gain investment control over $320 million of the runoff insurer's reserves (In re Platinum-Beechwood litigation, No. 18-6658; Senior Health Insurance Company of Pennsylvania v. PB Investment Holdings Ltd., et al., No. 18-12018, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2010%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - The U.S. Department of Justice wrote to a New York federal judge on Jan. 17 updating him on the status of pending criminal proceedings that served as the reasons for a stay of the Securities and Exchange Commission's lawsuit alleging that two individuals "perpetrated multiple schemes to defraud their advisory clients, which were insurance companies and reinsurance trusts" (United States v. Alexander C. Burns, et al., No. 18-9477, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-18%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2011%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' JASPER, Ala. - A federal judge in Alabama on Jan. 17 consolidated six lawsuits filed by former female prison inmates asserting sexual misconduct allegations against the city of Jasper and various officials and seeking a declaratory judgment as a judgment creditor of the city's insurer's rights under reinsurance agreements (Stacey Bridges v. J.C. Poe Jr., et al., No. 19-529, Charity Tessener v. J.C. Poe Jr., et al., No. 19-1314, Jessica Rainer v. J.C. Poe Jr., et al., No. 19-1392, Whitley Goodson v. J.C. Poe Jr., et al., No. 19-1399, Megan Dunn v. J.C. Poe Jr., et al., No. 19-1571, Allison Mann v. J.C. Poe Jr., et al., No. 19-1961, N.D. Ala.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%201%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - In two separate matters against a defendant, an alleged corporate insider, over misuse and mismanagement in a hedge fund scheme, a federal judge in New York on Jan. 2 dismissed hedge fund liquidators' claims for civil conspiracy and violation of civil Racketeer Influenced and Corrupt Organization Act and dismissed a runoff insurer's third-party claims for civil conspiracy and unjust enrichment (In re Platinum-Beechwood Litigation, No. 18-6658, Martin Trott, et al. v. Platinum Management [NY] LLC, et al., No. 18-10936; Melanie L. Cyganowski, et al. v. Beechwood Re Ltd., et al., No. 18-12018, S.D. N.Y., 2019 U.S. Dist. LEXIS 223443). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%202%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' DENVER - A majority of the 10th Circuit U.S. Court of Appeals ruled Dec. 23 that a reinsurer established the requirements for intervention as of right in an insured's lawsuit against its insurer over the alleged failure to comply with a universal life policy's terms (Robert Barnes v. Security Life of Denver Insurance Co., No. 18-1487, 10th Cir., 2019 U.S. App. LEXIS 38242). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%203%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN JUAN, Puerto Rico - A federal judge in Puerto Rico on Dec. 27 dismissed an insured's third-party complaint against reinsurers regarding allegations of breaches to reinsurance agreements and denied the insured's motion to dismiss an insolvent insurer's main action against the insured (Integrand Assurance Co. v. Puma Energy Caribe, LLC; Puma Energy Caribe, LLC v. Everest Reinsurance Co., et al., No. 19-1195, D. Puerto Rico, 2019 U.S. Dist. LEXIS 221766). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%204%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN FRANCISCO - In a dispute over payment for workers' compensation insurance, a California appeals panel on Jan. 7 dismissed an appeal regarding a trial court's statement of decision (SOD) that neither side proved damages elements in breach of contract claims because the SOD is not a judgment or an appealable order (Warwick California Corp., et al. v. Applied Underwriters, Inc., et al., No. A155523, Calif. App., 1st Dist., Div. 4, 2020 Cal. App. LEXIS 13). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%205%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN DIEGO - A California federal judge on Dec. 27 awarded $218,246 to a reinsurer for the contemptuous conduct of an insolvent insurance agency's principal regarding a preliminary injunction and a temporary restraining order in a dispute over the alleged fraudulent transfer of the agency's assets to avoid payment of a $3.2 million judgment (Odyssey Reinsurance Co. v. Richard Keith Nagby, et al., No. 16-3038, S.D. Calif., 2019 U.S. Dist. LEXIS 221812). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%206%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN JUAN, Puerto Rico - Without explanation, a Puerto Rico federal judge on Dec. 26 denied an insolvent insurer's liquidator's motion alter or amend a ruling in order to stay arbitration proceedings in a case over $150 million in losses from two hurricanes against its reinsurers (Integrand Assurance Co. v. Everest Reinsurance Co., et al., No. 19-01111, D. Puerto Rico). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%207%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - Arbitrators intended their second award to be final and, thus, an Illinois federal court should confirm that award and not the interim award under the Federal Arbitration Act (FAA), an insurer argues in a Jan. 3 reply brief in its dispute with a reinsurer over billings for asbestos claims (Allstate Insurance Co. v. Amerisure Mutual Insurance Co., No. 19-4341; Amerisure Mutual Insurance Co. v. Allstate Insurance Co., No. 19-7080, N.D. Ill.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%208%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' HARRISBURG, Pa. - A federal judge in Pennsylvania on Jan. 7, "effective immediately," lifted a stay in a reinsurance dispute over lead paint losses so that an insurer and its reinsurer can select a new arbitration panel to decide whether the arbitration should be consolidated with another arbitration involving two other reinsurers (Pennsylvania National Mutual Casualty Insurance Co. v. Everest Reinsurance Co., No. 18-mc-653, M.D. Pa.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%209%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - Following the unredacted submission of all documents previously filed under seal, a federal judge in New York on Dec. 27 closed the litigation between a reinsurer and insurers concerning an arbitration award in favor of the reinsurer over losses under a second blanket casualty excess of loss reinsurance agreement (TIG Insurance Co. v. National Union Fire Insurance Company of Pittsburgh, PA, et al., No. 19-10238, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2010%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' SAN FRANCISCO - A reinsurer argues in a Jan. 3 reply that the Ninth Circuit U.S. Court of Appeals should reverse an order denying its motion to intervene in a dispute over a $3.2 million judgment and remand to allow the reinsurer to proceed with its claims against another reinsurer, which is the judgment creditor (Odyssey Reinsurance Co. v. Richard Keith Nagby, et al. v. Knight Insurance Company Ltd., Nos. 19-55346, 19-55347, 19-55423, 9th Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2011%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' UTICA, N.Y. - A reinsurer on Dec. 27 told a New York federal court that it is appealing a $6.25 million judgment in favor of an insurer and prior adverse orders in a dispute between the parties over coverage under two separate reinsurance certificates for settlements of asbestos claims (Utica Mutual Insurance Co. v. Century Indemnity Co., No. 13-995, N.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2012%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - A runoff insurer on Dec. 19 appealed to the Second Circuit U.S. Court of Appeals four orders dealing with the advancement of fees and expenses under investment management agreements (IMAs) for third-party actions arising out of the runoff insurer's initial fraud lawsuit over the mismanagement and misuse of $320 million (B Asset Manager L.P., et al. v. Senior Health Insurance Company of Pennsylvania, No. 19-4239, 2nd Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2013%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' WASHINGTON, D.C. - The liquidators for an insolvent insurer gave notice on Dec. 23 that they are appealing a U.S. Court of Federal Claims judge's dismissal of their state law claims against the U.S. government over violation of South Carolina insurance law following the government's offset of $36 million under the reinsurance program of the Patient Protection and Affordable Care Act (ACA) (Raymond G. Farmer, et al. v. The United States, No. 18-1484, Fed. Clms.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2014%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' WASHINGTON, D.C. - The U.S. government said on Dec. 19 that it is appealing to the Federal Circuit U.S. Court of Appeals a federal judge's finding that Colorado insurance liquidation law bars its health agency from using money owed to an insolvent Colorado insurer to pay debts owed under the Patient Protection and Affordable Care Act's (ACA) reinsurance and risk-adjustment programs (Michael Conway v. The United States, No. 18-1623, Fed. Clms., 2019 U.S. Claims LEXIS 1306). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2015%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' NEW YORK - Insurers in a Dec. 20 stipulation of dismissal tell a New York federal court that they voluntarily dismiss third-party claims against a multinational investment bank and financial services company in a dispute arising out of a receiver's lawsuit seeking redress for damages from of a "massive fraudulent scheme" involving hedge funds (In re Platinum-Beechwood Litigation, No. 18-6658, Washington National Insurance Co., et al. v. Mark Nordlicht, et al., No. 18-12018, S.D. N.Y.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2016%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' CHICAGO - The Seventh Circuit U.S. Court of Appeals on Jan. 6 dismissed an insurance fund's appeal of a ruling that the fund failed to show the application of an alter-ego exception to the general rule of no liability for a railroad company's stockholder and failed to prove that a de facto merger occurred in its reinsurance dispute over payments for mine subsidence damages (Illinois Mine Subsidence Insurance Fund v. Union Pacific Railroad Co., No. 19-2965, 7th Cir.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2017%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' JASPER, Ala. - Citing no subject matter jurisdiction, an insurer in a Dec. 27 motion asks an Alabama federal court to dismiss a former female prison inmate's claim seeking a declaratory judgment as a judgment creditor of the insurer's rights under reinsurance agreements in her lawsuit alleging sexual misconduct in a jail (Jessica Rainer v. J.C. Poe Jr., et al., No. 19-1392, N.D. Ala.). http://www.lexis.com/research/xlink?canceldest=form&keyenum=25271&keytnum=0&searchtype=get&search=30-17%20Mealey%27s%20Litig.%20Rep.%20Reinsurance%2018%20(2020)&view=full&ORIGINATION_CODE=00144 target='_blank' JASPER, Ala. - The city of Jasper and employees on Dec. 19 moved for judgment on the pleadings in two Alabama federal court cases, which also name their insurer, over allegations by former jail inmates of sexual misconduct in a jail because the city's civil service board is "not legally cognizable nor endowed with the ability to sue or be sued" (Whitley Goodson v. J.C. Poe, Jr., et al., No. 19-1399, Charity Tessener v. J.C. Poe, Jr., et al., No. 19-01314, N.D. Ala.).