Reinsurer Says It Is Not In Breach Of Contract Over Asbestos Reinsurance Claims

Mealey's (April 1, 2016, 10:38 AM EDT) -- NEW HAVEN, Conn. — A reinsurer told a federal court in Connecticut on March 28 that its reinsured’s claims against it are barred because the reinsured did not follow certain reinsurance customs and practices (Travelers Casualty and Surety Company, f/k/a The Aetna Casualty and Surety Company v. Century Indemnity Company as successor to Insurance Company of North America, No. 16-cv-00170, D. Conn.)....