ST. LOUIS - Reinsurance brokers do not owe an insurer an annual fee, the Eighth Circuit U.S. Court of Appeals affirmed April 1, dismissing the insurer's breach of contract lawsuit against the brokers regarding money allegedly owed (Olympus Insurance Co. v. AON Benfield Inc. and Benfield Inc., No. 12-1974, 8th Cir.; 2013 U.S. App. LEXIS 6447)....(read more)![]()
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