Administrators Wholly Deny Swiss Re's Claims Mishandling Allegations

CHICAGO - A group of reinsurance administrators assert that Swiss Reinsurance America Corp.'s second amended complaint, which accuses them of mishandling claims in connection with two reinsurance programs, fails to state a claim for relief and is time-barred. Swiss Reinsurance America Corp. v. Access General Agency of California, No. 07 C 3954 (N.D. Ill.).

The Feb. 17 answer is before U.S. District Judge Elaine E. Bucklo of the U.S. District Court for the Northern District of Illinois.

Swiss Re's predecessors-in-interest, GE Reinsurance Corp. and Kemper Reinsurance Co., participated in the programs and reinsured certain losses incurred by State National …