Insurer, Reinsurer Jointly Voluntarily Dismiss Claims In Withheld Funds Dispute

( December 29, 2025, 11:43 AM EST) -- CHICAGO — An insurer and reinsurer filed a joint stipulation of voluntary dismissal in an Illinois federal court, dismissing all pending claims, counterclaims and third-party claims with prejudice in a dispute in which the reinsurer claims that the insurer breached their reinsurance agreement by withholding funds owed under contractual liability insurance policies issued to a service contract provider....

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