BRADENTON, Fla. — Three Louisiana issuers have seen movement in their federal lawsuits against insurers and underwriters that were involved with their failed variable- and auction-rate securities.

In the suit filed by the Louisiana Citizens Property Insurance Corp. seeking more than $10 million in damages from JPMorgan and Bear, Stearns & Co. over failed auction-rate securities that the state-run, nonprofit insurer was forced to refinance, JPMorgan has filed a motion seeking to have the case transferred from Louisiana to the U.S. District Court for the Southern District of New York.

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