High Court Declines Review Of Reinsurance Late Notice Indemnification Dispute

( April 28, 2026, 2:01 PM EDT) -- NEW ORLEANS —  The U.S. Supreme Court on April 27 denied an insurer’s petition for a writ of certiorari seeking review of a Fifth Circuit U.S. Court of Appeals decision holding that late notice of underlying class litigation relieved a reinsurer of indemnity obligations under a quota share reinsurance treaty; the insurer had argued in its petition that the appellate court imposed an objective notice standard not recognized under Texas law....