Judge Dismisses Breach Of Contract Suit Against Reinsurance Brokers

Judge Dismisses Breach Of Contract Suit Against Reinsurance Brokers

MINNEAPOLIS - A federal judge in Minnesota dismissed on March 30 an insurer's breach of contract lawsuit against reinsurance brokers regarding money allegedly owed to the insurer, finding that the brokers do not owe the insurer an annual fee (Olympus Insurance Co. v. Aon Benfield Inc. and Benfield Inc.,  No. 11-2607, D. Minn.; 2012 U.S. Dist. LEXIS 44929).

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