Defendants Oppose Canal Insurance’s Efforts to Amend Breach of Contract Claim in Reinsurance Fraud Action

ATLANTA — The defendants in a reinsurance fraud action have opposed Canal Insurance Co.’s motion to amend its complaint to assert an additional and/or alternative ground for breach of contract and to allege that the deficient status of a trust account is a separate breach of defendants’ obligation to maintain adequate reserves.

In their April 4 opposition filed in the U.S. District Court for the Northern District of Georgia, defendants assert that the motion is untimely and is not supported by the facts. Defendants have also opposed Canal’s separate motion for leave to conduct jurisdictional discovery as to the non-resident …