( May 7, 2025, 8:19 AM EDT) -- NEW YORK — A life insurer and its parent company filed two counterclaims in a federal court in New York, seeking declaratory judgment on the definition of a lapsed client under its transaction agreement with a reinsurer and alleging a breach of contract for the reinsurer’s alleged failure to cooperate in reviewing documents related to a disputed $50 million post-closure bonus payout....