( May 13, 2026, 9:42 AM EDT) -- NEW YORK — A New York state justice granted three bank defendants only partial dismissal of a segregated accounts insurer’s amended complaint arising from the Vesttoo Ltd. letter of credit reinsurance scheme, dismissing a negligence claim as duplicative but allowing fraud, misrepresentation and negligent supervision claims to proceed based on allegations that the insurer had standing and sufficiently pleaded liability, reliance and notice tied to allegedly fraudulent letters of credit used in reinsurance transactions....