STORY FROM: Reinsurance & Arbitration

Md. Federal Judge Amends Scheduling Order in Banner Life Offshore Reinsurer Action

BALTIMORE — A Maryland federal judge has amended the scheduling order in a case accusing Banner Life Insurance Co. of shifting its debt to offshore reinsurers in order to hide its “questionable” solvency, requiring plaintiffs to make their Rule 26(a)(2) disclosures by Jan. 22.

On Dec. 6, Judge A. David Copperthite of the U.S. District Court for the District of Maryland further ordered defendants to make their Rule 26(a)(2) disclosures by Feb. 21. Rebuttal disclosures must be made by March 7, and supplementation of disclosures and responses should be submitted by March 19.

In addition, Judge Copperthite set the discovery ...

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