STORY FROM: Reinsurance & Arbitration

AUCRA May File 4th Amended Answer in Neb. Federal Workers’ Comp Coverage Case

OMAHA, Neb. — A Nebraska federal judge has allowed Applied Underwriters Captive Risk Assurance Co. and its affiliates to file a fourth amended answer in a workers’ compensation coverage dispute, allowing them to plead over the arguments raised in the plaintiffs’ motion to dismiss.

In a July 10 order, Chief Judge John M. Gerrard of the U.S. District Court for the District of Nebraska denied plaintiffs’ motion to dismiss as moot.

In June 2013, a group of related California investment companies (the “Pitamber entities”) entered into a reinsurance participation agreement with Applied Underwriters Captive Risk Assurance Co. (AUCRA) as ...

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