Summary Judgment Denied in Calif. Federal Managing General Underwriter Dispute
September 22, 2021
SAN FRANCISCO — A California magistrate judge has denied motions for summary judgment in a dispute over whether a reinsurer’s managing general underwriter breached its consulting contract with Advanced Risk Managers (ARM), ruling there are questions of fact as to whether ARM is owed payment under the contract.
In a Sept. 17 order, Magistrate Judge Donna M. Ryu of the U.S. District Court for the Northern District of California held that a jury will need to sort out the issues, “guided by appropriate jury instructions.”
Renaissance Reinsurance U.S. Inc., which specializes in reinsuring health insurance companies, hired Equinox Management Group …
- Herbert Smith Freehills
- Howard Rupp
- Singer Cashman LLP