Captive Insurer Sues Reinsurer Over Transfer of Reinsurance Obligations
January 22, 2025
DOCUMENTS
- Complaint
DETROIT — An insurer has sued a captive insurer in federal court, accusing it of breaching a healthcare reinsurance agreement by failing to pay claims arising from an underlying lawsuit arising from an alleged outbreak of Legionnaires Disease at a Michigan hospital.
In a Jan. 8 complaint filed in the U.S. District Court for the Eastern District of Michigan, McLaren Insurance Co. (MICoL) says Hiscox Agency Ltd. assigned, sold and/or transferred its duties under the reinsurance agreement without the insurer’s knowledge or consent.
MICoL, a Cayman Island-domiciled insurer, is a subsidiary of Michigan-based McLaren Healthcare Corp. From Oct. …
FIRM NAMES
- Wilson Group Law PLC
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