Financer Denied Intervention In Reinsurance Row For Lack Of Protectable Interest

( June 24, 2025, 8:57 AM EDT) -- CHICAGO — An Illinois federal judge denied a nonparty vehicle service contract financer’s motion to intervene in a reinsurance dispute between an insurer and reinsurer, finding that the financer lacked a “legally protectable interest to intervene as of right” and was not a necessary party to the litigation that it ultimately sought to dismiss....

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