STORY FROM: Reinsurance & Arbitration

Calif. Federal Judge Dismisses Injunctive Relief Claim Against AmTrust in $3.2 Million Action

SAN DIEGO — A California federal judge has dismissed a single claim for injunctive relief against AmTrust North America Inc. in Odyssey Reinsurance Co.’s action seeking payment of a $3.2 million judgment issued against Cal-Regent Insurance Services Corp.

On Oct. 27, Judge Barry Moskowitz of the U.S. District Court for the Southern District of California dismissed Odyssey Re’s second amended complaint without prejudice as to AmTrust only. The judge ordered AmTrust to continue to abide by the court’s previous order requiring it to make certain “earn out” payments into the court registry if they become due and owing in the ...

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