Third lawsuit brought against NAF&G

Reinsurer North American Fidelity & Guarantee – which operated in Bermuda for just over a year before being asked to leave by the island’s government – is being sued yet again.Already a defendant in two actions totalling $4.7 million stemming from its short time in Bermuda, a third action for approximately $2.5 million was filed against NAF&G by New York Marine & General Insurance Company at Bermuda Supreme Court on April 7.