Defendants Argue Regulatory Unwinding Moots Derivative Captive Pool Claims

( January 5, 2026, 11:59 AM EST) -- WILMINGTON, Del. — The defendants in three related cases concerning a disputed captive reinsurance pool seek dismissal of a verified amended and supplemental derivative complaint, arguing that the challenged captive pool restructuring was fully unwound under regulatory supervision, rendering the claims moot, and that the post-unwinding corporate structure did not alter policyholder rights....