STORY FROM: Reinsurance & Arbitration
Reinsurer's Suit Against Access General Survives Dismissal
February 4, 2009
CHICAGO - An Illinois federal judge has refused to dismiss a suit brought by Swiss Reinsurance America Corp. that accuses a group of reinsurance administrators of mishandling claims in connection with two reinsurance programs. Swiss Reinsurance America Corp. v. Access General Agency of California, No. 07 C 3954 (N.D. Ill.).
In a Jan. 26 order, Judge Elaine E. Bucklo of the U.S. District Court for the Northern District of Illinois rejected Access General Agency Inc.'s assertion that the second amended complaint failed to properly plead an alter ego theory, failed to state which entity committed which alleged breach, and failed ...